Private listings and Clear Cooperation

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.

The move, endorsed by eXp, could affect listings that are promoted via social media, yard signs and other means allowed by NAR’s “delayed marketing” policy.

“We're gonna kick their ass and we're going to do it without a private listing network,” Windermere Co-President OB Jacobi said about competing with Compass.

Windermere Co-President OB Jacobi, whose firm has been under fire from Compass CEO Robert Reffkin, says PLNs are a return to a "caste system of real estate."

NAREB’s Dr. Courtney Johnson Rose tells Real Estate News independent brokers and consumers will “suffer” if efforts to bolster private listing channels persist.

Brokerage leadership coordinated a private listings push in the region despite MLS rules restricting pre-marketing — and the risk of steep fines for agents.

Though the number of office exclusives is rising, a new report from Bright MLS found no financial advantage to pre-marketing a home off the MLS.

A new Redfin survey found that many agents reported higher income in 2024 than in 2023, but concerns about the economy and industry changes persisted.

With NAR opting to keep the CCP with a “delayed marketing” alternative, industry leaders say firms should prepare their “counter move” to stay competitive.

Countering criticism from Compass’ Robert Reffkin, the CEO of the Washington-based MLS said private networks are designed to benefit brokerages, not consumers.

Leaders of the two brokerages traded barbs over private listings, hurling accusations of anticompetitiveness, self-interest and efforts to double-end deals.