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RE/MAX launches commerce media network

Housing Wire

RE/MAX Holdings , the parent company of real estate franchisor RE/MAX and mortgage franchisor Motto Mortgage , is getting into the advertising game. According to the company’s announcement, the new commercial media network will leverage RE/MAXs digital ecosystem to provide advertisers with a new platform to connect with consumers.

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Mauricio Umansky-backed trade group proposes alternative rule to CCP

Housing Wire

It proposed on Friday a compromise on CCP that it believes respects seller choice, enhances competition and safeguards MLS integrity. Clear Cooperation Policy is a NAR rule that requires Realtors to advertise a home on a NAR-affiliated MLS within 24 hours of the property being marketed.

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Zillow victorious in false advertising suit with discount brokerage

Housing Wire

The jury found that REX did not prove Zillow used false advertising it its decision to put non-MLS listings on a different section of the website and that Zillow proved its defense on REX’s second claim that Zillow acted deceptively and unfairly. Attorneys for REX did not return a request for comment.

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CRMLS removes seller concession fields from platform

Housing Wire

California Regional MLS (CRMLS) has decided to remove fields listing seller concessions from its platform. Additionally, CAR’s updated RLA form does not include any references to seller concessions. One such change outlined in the settlement is the banning of offers of buyer broker compensation from the MLS.

Sellers 459
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How will listing agents share seller offers of buyer broker compensation off the MLS?

Housing Wire

While brokers across the country agree that they and their agents will no longer be advertising an offer of buyer broker compensation for any listing on the MLS, that is where the similarities end, as it seems each broker is taking a slightly different tact. Dwiggins said.

Sellers 468
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Agents are prepping sellers for a greater variety of offers

Housing Wire

For Linda O’Koniewski , the broker-owner of Leading Edge Real Estate , one of the largest hiccups so far was when one of her agents brought a buyer offer that included concessions to a seller. The property had been listed for three months and was not advertised as offering any concessions.

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‘Million Dollar Listing’ agents launch online marketplace for sellers and agents

Housing Wire

Redy , an online marketplace that rewards home sellers for selecting a real estate agent who best aligns with their sales goals, announced its launch in five markets on Tuesday. The Redy online platform is now available to home sellers in Atlanta , Dallas , Orlando , Phoenix and San Diego.

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