Clear Cooperation and private listings

The announcement comes days after Zillow said it will begin banning listings that are publicly marked but off the MLS at the end of June.

A majority of industry execs disapprove of how the national association has handled Clear Cooperation, and some questioned NAR’s motives, a recent survey found.

Publicly marketed listings that are not widely available will be flagged beginning May 28 — and new listings that don’t comply may be barred starting June 30.

Powerful residential real estate groups in California see office exclusives as a risk to consumers and the integrity of the housing market.

In response to Zillow’s ban on publicly marketed but off-MLS properties, Homes.com will provide affected agents with free premium marketing for those listings.

A draft bill in Illinois would require licensed agents to add listings to a “platform or website accessible to the general public” within a calendar day.

StreetEasy, which serves the New York City market, will deny agents “who choose to publicly market listings to some buyers but not all” access to some programs.

Watch the conversation with Zillow exec Errol Samuelson as he goes deep into the ‘what’ and ‘why’ behind the portal’s divisive move.

In a lawsuit filed against NWMLS last week, Compass said brokerages with representatives on the MLS’s board are “co-conspirators,” but Windermere calls “BS.”

A third brokerage has endorsed the portal’s pro-MLS stance. Meanwhile, Zillow is phasing out its two-tab search display for markets with no commingling rules.

In the 39-page complaint, Compass alleges that NWMLS policies prohibiting pre-marketing are preventing “meaningful competition from gaining traction.”

“As a leader, you have to draw a line,” Leo Pareja said of his opposition to the trend, adding that agents who push sellers to list off-MLS could face lawsuits.

The two camps for and against private inventory took to LinkedIn to fortify their positions on the issue and to lob attacks at one another.

Listings transparency is critical for both consumers and the industry, and NAHREP supports efforts by Zillow, eXp and Redfin to provide access to all listings.

The Park City Board of Realtors says the delayed marketing option — and more context from the DOJ — eased its concerns about the controversial policy.

The ongoing feud between the brokerage giant and the Seattle-based MLS over private listings escalated this week. Will the current truce hold?

“Anytime we limit access, it limits opportunities,” an eXp exec said during a livestream highlighting ethical issues with the push into private inventory.

Chris Kelly is eager to move past the challenges of the past 18 months and focus on unifying and growing the company, with agents and consumers at the core.

Andy Florance says Zillow’s plan to banish listings that are publicly marketed but kept off the MLS goes too far. Redfin’s CEO responds by siding with Zillow.

NextHome joins eXp as an official partner in the move to bar listings that are publicly marketed but off-MLS, while eXp explains how its Exclusives fit in.