DOJ hints NAR’s pocket listing policy may be in its crosshairs

Less than two weeks after the U.S. Department of Justice pulled out of a proposed settlement with the National Association of Realtors to broaden its investigation into the trade group’s rules, the agency has provided a big clue as to one of the rules it will be digging into: the Clear Cooperation Policy. In May … Read more

Ohio’s largest MLS ditches ‘Coming Soon’ status

Ohio’s largest multiple listing service, MLS Now, is eliminating “Coming Soon” as a status in its database as of August 1, citing “unintended consequences.” Not all MLSs have Coming Soon statuses, but MLS Now, which has 13,800 agent, broker and appraiser subscribers in Ohio and West Virginia, may be the first to ditch the practice … Read more

They came for 2-sided deals — then a pocket listing debate broke out

Despite its title — “The End of the Two-Sided Deal: Will This Be The New Normal?” — a panel at Inman Connect quickly turned into an intense debate over the role of pocket listings. Do pocket listing bans ‘devalue’ agents, or benefit consumers?They intended to talk about two-sided deals, but stayed to debate pocket listings … Read more

DOJ: Pocket listing suit against NAR shouldn’t have been thrown out

On Wednesday, the U.S. Department of Justice put its finger on the scale in an antitrust lawsuit filed by a former pocket listing service against the National Association of Realtors and three of the nation’s largest multiple listing services, arguing that the lower court erred in dismissing the suit in February. At the same time, … Read more

Top Agent Network takes aim at office exclusives in NAR pocket listing policy

Top Agent Network, a firm that operates a members-only private group of real estate agents, is making one last attempt to stop the National Association of Realtors from enforcing a policy designed to curtail pocket listings by taking aim at the policy’s exception for office exclusives. A year ago, TAN filed a federal lawsuit alleging NAR and … Read more

Overlooked inventory: 6 ways to find that diamond in the rough

Searching for homes to present to buyers these days can feel a bit like sifting through a pile of rubble in search of a diamond: It’s tedious, and chances of success feel slim. But, inventory can be found anywhere — agents just have to get creative and put a little legwork into unearthing it. It … Read more

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