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Realtors Assoc. Policy May Be Anticompetitive, Judge Says

ADVERTISEMENT Realtors Assoc. Policy May Be Anticompetitive, Judge Says Law360, San Francisco (July 15, 2021, 10:28 PM EDT) -- A California federal judge said Thursday the National Association of Realtors policy restricting how agents list real estate properties may be overbroad from an antitrust perspective, but hes not convinced rival listing service Top Agent Network suffered an anticompetitive injury that would give it standing to sue. U.S. District Judge Vince Chhabria said that after rea...
Vince Chhabria Top Agent Network National Association Of Realtor San Francisco National Association Judge Vince Chhabria
Source: law360.com

Redfin CEO Glenn Kelman Said Pocket Listings Discriminate

Redfin CEO Glenn Kelman (Getty, Redfin) Off-market listings have long been a controversial topic, with agents who oppose them claiming they provide an unfair advantage to brokers at the top end of the market. But Redfin CEO Glenn Kelman sees another problem: These so-called pocket listings also exclude minority homebuyers. In an opinion column in Inman and in Twitter posts, Kelman wrote how brokerages often hold 10 percent of their listings off market, spanning cities like Chicago, Minneapolis ...
United States David Faudman Glenn Kelman Getty Glenn Kelman Top Agent Network National Association Of Realtors

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Journey Real Estate Partners With Side, Bolstering Cutting-Edge Tech for Community-Based Firm

Journey Real Estate Partners With Side, Bolstering Cutting-Edge Tech for Community-Based Firm Share Article Journey Real Estate today announced its partnership with Side, the only real estate technology company that exclusively partners with high-performing agents, teams, and independent brokerages to transform them into market-leading boutique brands and businesses. Corey Robinson, Founder of Journey Real Estate Side provides a unique opportunity to grow Journey Real Estate with the support of...
United States San Francisco Corey Robinson Top Agent Network Journey Real Journey Real Estate
Source: prweb.com

To snag a home in Chicago's tight market, connections help

"When we went out on family walks, I would talk to people," says Dave DeYoung. "Id say, Do you know anyone whos looking to sell? We were just out getting to know the neighborhood, but basically, I was prospecting." It worked. Earlier this year, the DeYoungs bought a five-bedroom Prairie Style house on Damen Avenue for $490,000. The sellers, who declined to comment for this story, didnt have to do any premarket painting, install air conditioning or pay agents commissions. The DeYoungs "got a pre...
Lincoln Park United States Harbor Point Jamie Roth Engel Voelkers Baird Warner

Court Throws Out Pocket Listing Lawsuit Against NAR and MLSs

Inman Connect A federal court has permanently tossed an antitrust lawsuit filed by a former pocket listing service against the National Association of Realtors and three of the largest multiple listing services in the country, finding that the plaintiff’s arguments are so flawed that the case cannot be saved. In May 2020, The PLS, formerly a private listing network for real estate agents, filed a federal antitrust lawsuit against NAR and the California Regional MLS (CRMLS), Bright MLS and M...
United States Mantill Williams Carter Rebecca Jensen Johnw Holcomb Rebecca Jensen Top Agent Network
Source: inman.com

Former Pocket Listing Site To Relaunch As Public-Facing

The PLS, formerly a private listing network for real estate agents, is set to relaunch on January 19 as a public-facing site with new agent services that complies with a pocket listing policy from the National Association of Realtors, the company told Inman in an exclusive interview. The California-based company’s name, formerly The Pocket Listing Service, is changing to The Property Listing Service and its slogan will be “Where Real Estate Happens First.” The PLS’s founders are Maurici...
United States Beverly Hills Chris Dyson James Harris David Parnes Mauricio Umansky
Source: inman.com

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