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MLS

Zillow
Housing Wire

MLS defendants look to dismiss antitrust suit filed by Zillow

February 27, 2024 Allen Santos Comments Off on MLS defendants look to dismiss antitrust suit filed by Zillow

​ Arizona Regional MLS and  Wisconsin-based Metro MLS are looking to have the antitrust lawsuit filed against them by Zillow Group and ShowingTime dismissed. Filed in late December 2023, the lawsuit alleges that ARMLS, Metro MLS […]

MLS
Housing Wire

6 strategies to get more from your MLS searches

December 20, 2023 Mariel Alumit Comments Off on 6 strategies to get more from your MLS searches

Real estate agents and brokers, are you relying solely on that buyer drip you set up for your motivated and qualified clients? Has the drip run dry? It’s time to get more creative, aggressive and […]

MLS
Housing Wire

Council of MLSs welcomes new board members

December 13, 2023 Mariel Alumit Comments Off on Council of MLSs welcomes new board members

The Council of Multiple Listing Services announced its new board of director members for 2024 on Tuesday. The MLS trade group said the new directors will assume their roles starting Jan. 1, 2024. The two […]

compensation
Housing Wire

Amid legal uncertainty, MLSs explore cooperative compensation workarounds

November 8, 2023 Mariel Alumit Comments Off on Amid legal uncertainty, MLSs explore cooperative compensation workarounds

As multiple listing services look to navigate potential changes to cooperative compensation following the verdict in the Sitzer/Burnett commission lawsuit trial, some MLSs have preemptively changed their policies. Though these policies have been put in […]

Local MLS
Housing Wire

Opinion: Local MLS broker marketplaces, rules equitably advance American homeownership

October 27, 2023 Allen Santos Comments Off on Opinion: Local MLS broker marketplaces, rules equitably advance American homeownership

As the trial of Burnett v. the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Class […]

Housing Wire

MLS executives imagine a world with no MLS

October 17, 2023 Allen Santos Comments Off on MLS executives imagine a world with no MLS

As the trial for Sitzer/Burnett, the first of the two bombshell class action buyer broker compensation anti-trust lawsuits, kicks off this week, the real estate industry’s multiple listing services are busy preparing for any and […]

Housing Wire

Rapattoni’s MLS services are being restored following cyber attack

August 24, 2023 Allen Santos Comments Off on Rapattoni’s MLS services are being restored following cyber attack

Rapattoni, the multiple listings service software provider that was crippled in a cyber attack earlier this month, is back online in multiple markets. Service is expected to be restored to all of Rapattoni’s clients by […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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