The Council of MLS (CMLS), the trade organization for multiple listing services, is pushing back against the rhetoric currently circulating the housing industry that “sellers benefit when their listings are not broadly exposed, that listing brokerages have a fiduciary duty to withhold facts from other brokers and their buyers, and that MLSs work against real […]
CMLS warns pre marketing could fragment the housing market Read More »
The Council of Multiple Listing Services’ (CMLS) has announced its board of directors for 2026. On Friday, the MLS trade association announced that the chair of the 2026 board is Nicole Jensen, the CEO of realMLS, replacing John DiMichele, the CEO of Toronto Regional Real Estate Board, who will remain on the board as the
CMLS unveils new 2026 board, names Nicole Jensen chair Read More »
The legal teams at multiple listing services (MLS) have been getting quite the workout over the past few years, first with the commission lawsuits and more recently with lawsuits related to Realtor association membership and MLS access. Given these circumstances MLSs are naturally looking for ways to lower their legal risk portfolio, with “derisking” being
De-risking the MLS: CEOs say consumer friendliness is the best line of defense Read More »
According to Craig Cheatham, the president and CEO of The Realty Alliance, if you were to assign a Facebook relationship status to the relationship between MLSs and brokers it would be “it’s complicated.” “The MLS is at once the most valuable tool of the broker and, at the same time, it is the thing at
‘It’s complicated:’ brokers talk navigating MLS relationships at CMLS Read More »
For many in the multiple listing services (MLS) industry, Monday’s announcement that Compass was acquiring Anywhere served as a wake-up call of sorts. Over the past year, Compass has worked to grow its stockpile of exclusive listings, but many did not consider the Robert Reffkin-helmed firm a serious threat to the MLS structure, due to
Compass-Anywhere deal sparks MLS reckoning Read More »
In many real estate markets across the country, the local and state Realtor associations are one and the same with the local multiple listing service (MLS). However, as the real estate industry evolves, many are calling for MLSs and associations to consider “a separation of church and state.” “For me, chocolate covered raisins are the
Breaking away: MLSs explore separation from Realtor associations Read More »