Compass International Holdings appears to be under investigation by the office of New York state Attorney General Letitia James. Leaders at other real estate brokerages in New York City have confirmed to HousingWire that James’s office has reached out to request information as part of an inquiry into Compass. The news was first reported by […]
New York AG probes Compass-Anywhere acquisition Read More »
A little over a week after real estate agents and brokers in the Chicagoland area saw their listings disappear from Zillow after Midwest Real Estate Data (MRED) suspended its data feed to the listing portal giant, real estate professionals in Tennessee are preparing for the same possibility. In an email sent to broker members on
Tennessee brokers brace for Zillow listing cutoff amid Realtracs dispute Read More »
Chicagoland area listings are back on Zillow and Trulia as of Friday afternoon, after Chicago-based federal Judge John Tharp, Jr. granted in part Zillow’s preliminary injunction motion seeking to prevent Midwest Real Estate Data (MRED) from suspending its listing feeds. On Monday, Zillow filed the motion in its antitrust lawsuit against MRED and Compass International
Judge orders MRED to restore Zillow listing feeds in Chicago Read More »
The battle between Zillow, Midwest Real Estate Data (MRED) and Compass International Holdings, reached a zenith this week when MRED suspended its IDX and VOW listing feeds to Zillow and Trulia. This came after the portal allegedly refused to cure what the MLS called a “material breach” of its license agreements. MRED claims that, according
Everything you need to know about Zillow’s listing war with MRED and Compass Read More »
Every few years, the real estate industry gets a jolt that sends agents scrambling to reassess their careers and where they hang their license. The current wave of consolidation — eXp acquiring Next Home, Real acquiring Remax, Compass acquiring Anywhere — is the latest version of that jolt. And if the conversations I’m having with
Brokerage consolidation is not the threat, weak relationships are Read More »
For decades, the iconic gold blazer was synonymous with the CENTURY 21 Real Estate brand. From appearances in television shows like Gilmore Girls to movies like WarGames and the 1984 Ghostbusters film, the gold blazer was a hallmark of the real estate industry and a marketing calling card for real life CENTURY 21 agents, helping
Prior to widespread internet usage, when consumers could only find out about homes for sale through yard signs or accessing an MLS listing book by working with a broker, agents viewed listings as a marketing asset. However, this view evolved as the internet made it easier for consumers to access information about homes for sale.
The battle for listings: How brokerages are reclaiming their data Read More »
Midwest Real Estate Data (MRED) is threatening to suspend its listing data feeds to Zillow Group websites, including Zillow.com and Trulia.com, unless Zillow cures what the MLS says is a material breach of its license agreements by late Tuesday. In an announcement on Monday, the Illinois-based MLS said it will cut off Zillow’s IDX and
Zillow seeks injunction as MRED threatens data feed cutoff Read More »
Redfin has launched Redfin Early Access, a new search category on Redfin.com and its app that surfaces pre-market and “coming soon” listings that are not yet broadly available on other major real estate sites, the company said in an announcement Monday. The new category aggregates two kinds of inventory: Redfin Coming Soon listings that appear
Redfin Early Access adds pre-market and coming soon listings Read More »
The real estate industry is entering a new era of consolidation where technology infrastructure — not just brand scale — is becoming the primary driver of enterprise value. Recent acquisitions by Compass, eXp World Holdings and The Real Brokerage illustrate how brokerages increasingly view proprietary software, artificial intelligence (AI) and integrated operational systems as future
Real estate consolidation shifts from brands to tech ecosystems Read More »