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Real Estate

De-risking the MLS: CEOs say consumer friendliness is the best line of defense

CMLS, HWmember, MLS, MLS/Associations, NorthstarMLS, northwest mls, Real Estate, SmartMLS /

The legal teams at multiple listing services (MLS) have been getting quite the workout over the past few years, first with the commission lawsuits and more recently with lawsuits related to Realtor association membership and MLS access. Given these circumstances MLSs are naturally looking for ways to lower their legal risk portfolio, with “derisking” being […]

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‘It’s complicated:’ brokers talk navigating MLS relationships at CMLS

Brokerage, California Regional MLS, CMLS, HWmember, MLS, MLS/Associations, Real Estate /

According to Craig Cheatham, the president and CEO of The Realty Alliance, if you were to assign a Facebook relationship status to the relationship between MLSs and brokers it would be “it’s complicated.”  “The MLS is at once the most valuable tool of the broker and, at the same time, it is the thing at

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Compass-Anywhere deal sparks MLS reckoning

California Regional MLS, CMLS, Compass, HWmember, MLS, MLS/Associations, National Association of Realtors, Real Estate /

For many in the multiple listing services (MLS) industry, Monday’s announcement that Compass was acquiring Anywhere served as a wake-up call of sorts.  Over the past year, Compass has worked to grow its stockpile of exclusive listings, but many did not consider the Robert Reffkin-helmed firm a serious threat to the MLS structure, due to

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Baltimore launches $6.2B housing redevelopment effort

Affordability, Baltimore, Bank of America, City of Baltimore, Homebuilders, Housing Market, HWmember, JPMorgan Chase, Maryland, PNC, Real Estate /

Baltimore is embarking on what civic leaders call ‘the nation’s most ambitious housing redevelopment program’ — a 15-year effort that aims to turn around more than 37,000 vacant or at-risk properties and influence market conditions for another 33,000 homes and lots. The strategy is supported by $1.2 billion in public funding commitments and is expected

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Expert speaks on Compass-Anywhere market share, consolidation

Anywhere, Brokerage, Compass, HWmember, Mergers and Acquisitions, Real Estate, Real Estate Agents, RealTrends Verified Rankings, Steve Murray, Title insurance /

Compass’s acquisition of Anywhere Real Estate creates a national brokerage powerhouse — but industry veteran Steve Murray says the deal’s biggest effects will be in scale, services and back-office consolidation. Murray — senior advisor for HousingWire and founder of RealTrends and RTC Consulting —estimates the combined Compass-Anywhere operation will handle roughly a million transaction sides

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Breaking away: MLSs explore separation from Realtor associations

CMLS, Florida Realtors, Houston Association of Realtors, HWmember, MLS, MLS/Associations, Real Estate, Realtor, SmartMLS /

In many real estate markets across the country, the local and state Realtor associations are one and the same with the local multiple listing service (MLS). However, as the real estate industry evolves, many are calling for MLSs and associations to consider “a separation of church and state.”  “For me, chocolate covered raisins are the

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Homeowners cashing in with ‘Airbnb for anything’ rentals

Airbnb, Austin, Homeownership, HWmember, Los Angeles, Miami, New York, Real Estate, Short-Term Rental /

Homeowners are turning underused private spaces into sources of income — renting out pools, backyards, and home gyms by the hour. From Los Angeles to Miami, residents are tapping into what some call the “Airbnb for Everything” trend. Pools are booked for small social gatherings, backyards host yoga classes and home gyms are used for

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RealReports AI property data expands to MLS platforms

Appraisals, Artificial Intelligence, Georgia, HWmember, MLS, Ohio, Real Estate, Restb.ai, Technology, Valuation /

RealReports and Restb.ai announced a partnership on Tuesday to integrate appraisal-grade property insights into multiple listing service (MLS)-facing tools. First Multiple Listing Service (FMLS) in Georgia and MLS Now in Ohio will be among the first MLS organizations to offer the technology to members. FMLS serves 57,000 members across Georgia and the Southeast while MLS

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VA awards $84 M in grants to support homeless veterans

Department of Veterans Affairs, Homelessness, HWmember, Multifamily Housing, Real Estate, Rental Assistance, Renters, Single-Family Housing, Single-Family Rentals /

The Department of Veterans Affairs (VA) announced Tuesday that it will distribute $84 million in grants to 176 organizations nationwide to help veterans who are homeless or at risk of losing housing. About $42 million will go toward legal aid — with the remaining half supporting case managers who work directly with veterans to keep

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NAR faces new Whittman antitrust suit over membership structure

Greater Capital Area Association of Realtors, Legal, Maryland Realtors, MLS, MLS/Associations, National Association of Realtors, Northern Virginia Association of Realtors, Real Estate, Virginia, Virginia Realtors, Washington, D.C. /

The National Association of Realtors (NAR) may have been dismissed from two lawsuits related to its three-way membership agreement, but that didn’t stop William Whittman from filing his own suit on Friday. Whittman, who is a licensed broker in Maryland, D.C. and Virginia, is suing NAR, Virginia Realtors, Northern Virginia Association of Realtors, Maryland Realtors

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