The blockbuster deal between California Regional MLS and Bright MLS will pave the way for the development and launch of technology products for more than 200,000 subscribers nationwide.
The New York- and Connecticut-based brokerage says it will appeal the ruling, which will allow plaintiffs to sue on behalf of some 20,000 homebuyers and sellers going back more than a decade.
Realtor.com is the official listing site of the 1.5 million-member National Association of Realtors. In November 2014, News Corp. acquired its parent company, Move, with NAR's blessing.
The discount brokerage is now a member of six multiple listing services, but says it's still avoiding "traditional" agent fees by offering a low cooperating commission when it submits listings.
Real estate trade organization hits back at discount brokerage's claims regarding its own business model and inflated real estate commissions.
A legal saga that began more than six years ago may have finally ended after a judge in Seattle concluded that Zillow must pay photography company VHT Studios for copyright infringement.
NAR's attorney says The PLS is trying to "have their cake and eat it too" by claiming brokers are both the victims and the perpetrators of the Clear Cooperation Policy.
Lone Wolf Technologies has deepened its relationship with the California Association of Realtors by supplying a host of new products to its members.
More than 500,000 real estate pros across more than 300 markets have access to Prospects' mobile multiple listing service and customer relationship management tools.
Realogy says it believes in buyer agents and cooperative compensation, but not in forcing brokers to enter a commission amount to list in a multiple listing service.
On Thursday, Realogy Brokerage Group CEO M. Ryan Gorman shared the company's stance on the National Association of Realtors' Participation Rule, saying, 'There’s no reason why an offer of compensation needs to be a mandatory requirement for a home to be listed in the MLS .' Mostly, real estate agents disagreed.
Acquisitions, spats, implosions and brawls: As the year wraps up and real estate professionals wish for the best in 2022, test your knowledge of the biggest real estate stories of 2021.