A new MLS value proposition from North Texas Real Estate Information Systems: Pay the brokers
North Texas Real Estate Information Systems, Inc. (NTREIS) has launched NTREIS Rewards, a new incentive program that returns a portion of MLS-generated revenue directly to broker participants based on their listing activity and data contributions, according to an announcement on Tuesday. The Texas-
Could a $475 Compass fee spark the next wave of real estate lawsuits?
Last month, Florida homebuyers Jeff and Melissa Efron filed a lawsuit challenging a $475 transaction fee they were charged by their broker Compass upon the close of their August 2024 home purchase. While it may seem surprising that consumers are willing to risk tens of thousands of dollars in legal
Zillow says MRED, Compass used MLS rules to pressure its listing standards
The opening day of a high-stakes preliminary injunction hearing in Zillow’s antitrust lawsuit against Midwest Real Estate Data (MRED) and Compass International Holdings laid out two sharply different stories about who is trying to shape how listings are marketed — and for whose benefit. In opening s
Zillow’s latest lawsuit is not about consumers, and it never was
When Zillow launched Zillow Preview alongside a coalition of leading brokerages earlier this year, there was a moment of relief across the housing industry. Many hoped the company’s sustained campaign against private listings had finally run its course. Two months later, that hope looks premature. Z