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Real estate data firm Co Star, major brokerages accused of rent-fixing
11+ hour, 43+ min ago (35+ words) Crain's Cleveland Real estate data firm Co Star, major brokerages accused of rent-fixing Sonia Winner had been the museum's CEO for nearly eight years....
Community Immersion: The Value of Getting on the Ground in Real Estate Development
12+ hour, 38+ min ago (205+ words) Community immersion is neither complicated nor expensive. Its greatest cost is time, and not an unreasonable amount of it. After decades in real estate development, I have come to appreciate that some of the most important things about a neighborhood…...
Mountain Lake Realty Highlights the Growing Importance of MLS Visibility for Arizona Home Sellers
18+ hour, 42+ min ago (692+ words) The Multiple Listing Service, commonly referred to as MLS, has long served as a central resource for property information within the real estate industry. By allowing licensed professionals to share listing data, MLS systems help connect buyers and sellers more…...
NAR rejects proposal to disclose Realtor knowledge gaps
14+ hour, 15+ min ago (718+ words) Nearly an hour was spent debating the idea, with some calling it an "ethical duty" as others said it would "create "ahas" or "gotchas" in NAR"s Code of Ethics. WASHINGTON, D. C. " An attempt to require Realtors to tell clients if…...
Zillow faces antitrust suit, consumer fraud claims amid housing crisis
1+ day, 9+ hour ago (337+ words) Johnson City Press Zillow faces a federal antitrust suit, congressional calls for regulatory scrutiny and a competitor's claim in court that Zillow is a monopolist working against housing affordability The legal actions allege consumers are paying higher costs when buying…...
Exclusive marketing is not "competition," MLS CEO says
1+ day, 4+ hour ago (586+ words) In response to new legislation limiting certain real estate marketing practices in Washington state, NWMLS hosted a panel to discuss the law and its intent. Last week, a new law went into effect in the state of Washington which prohibits…...
Major commercial real estate brokers, Co Star hit with antitrust lawsuit
1+ day, 8+ hour ago (516+ words) CBRE, JLL, Cushman & Wakefield, Colliers and Newmark were named as alleged conspirators in a price-fixing scheme via Co Star's sharing real-time, confidential, property-level lease transaction data. "It collected and redistributed nonpublic lease transaction data; designed its products to permit property…...
Real CEO Tamir Poleg flags consumer risk from listing fragmentation
1+ day, 7+ hour ago (1412+ words) The Real Brokerage CEO Tamir Poleg said his home search in France highlighted the downside of fragmented listing data. He cited an internal agent survey, 95% said clients are not asking about private listings, and warned fragmentation could accelerate within months....
NAR leader on PLNs: Consumer should be "able to see everything
1+ day, 8+ hour ago (602+ words) Newly elected first vice president Pete Kopf stressed the importance of protecting consumer interests " and responsive leadership " in remarks to directors. WASHINGTON, D. C. " A newly elected leader at the National Association of Realtors believes brokerages should not keep data from consumers…...
Realcomp in Farmington Hills Brings Roomvo Visualization to Michigan Realtors
1+ day, 11+ hour ago (195+ words) Roomvo is one of the leading visualization platforms for both the home decor and real estate industries, with millions of consumers said to be using the platform on a monthly basis. Roomvo is designed to empower real estate professionals, homebuyers,…...