Real Estate

Judge denies NWMLS bid to dismiss Compass antitrust suit

Compass’s antitrust lawsuit against Northwest MLS (NWMLS) is that much closer to heading to court.  On Thursday, Judge Jamal Whitehead of U.S. District Court in Seattle denied NWMLS’s motion to dismiss the lawsuit for failure to state a claim. Originally filed in late April 2025, the lawsuit centers around NWMLS’s listing policy. As a non-Realtor-association […]

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FinCEN anti-money laundering rule struck down in court

A federal judge in Texas has vacated the Financial Crimes Enforcement Network’s (FinCEN) nationwide anti-money laundering rule requiring title insurance companies to report details of millions of residential real estate transactions. U.S. District Judge Jeremy Kernodle of the Eastern District of Texas decided Thursday that FinCEN exceeded its statutory authority with the rule, which took

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The ground just shifted: coming soon listings are taking over real estate

At a time when real estate industry leaders seem to be more conflicted than ever, one idea has emerged that everyone from Homes.com to Zillow, to eXp Realty and Compass can agree on: pre-marketing coming soon listings. What does that mean for the MLSs and will it invite more federal scrutiny? The resurgence of coming soon

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NAREB president calls for ‘optimistic underwriting’ to expand homeownership

Ashley Thomas III has assumed the presidency of the National Association of Real Estate Brokers (NAREB) — the nation’s oldest and largest Black real estate organization — with an agenda focused on expanding homeownership access. Thomas, a housing policy and wealth equity strategist with more than 25 years of experience across real estate, lending and

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Compass, Rocket, Redfin urge MLSs to allow seller-directed pre-marketing

Compass International Holdings, Redfin and Rocket Companies are urging MLSs to adopt policies that support pre-marketing and phased marketing distribution and to cease penalizing or punishing agents for carrying out “seller-directed marketing plans.”  The companies, which entered into a mutually exclusive deal to publish Compass coming soon listings on Redfin in late February 2026, made

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Midwest Real Estate Data moves to abandon NAR membership requirement

Midwest Real Estate Data (MRED) moved Monday to formally separate access to its multiple listing service (MLS) from mandatory membership with the National Association of Realtors (NAR) — a change the organization’s leader said is aimed at expansion and risk management. MRED offers wholesale listing data and technology to roughly 40 partner Realtor associations and

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Compass dismisses antitrust lawsuit against Zillow over listing policy

Compass is dismissing its antitrust lawsuit against Zillow over the listing portal giant’s listing access standards policy. The Robert Reffkin-helmed firm filed its motion to dismiss the lawsuit without prejudice, meaning that Compass could file another lawsuit against Zillow with similar claims in the future, in U.S. District Court for the Southern District of New

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Anywhere’s Sue Yannaccone named Compass International Holdings COO

Compass International Holdings (CIH), the parent company of Compass, @properties, Christie’s International Real Estate and the six Anywhere Real Estate brands, has promoted Sue Yannaccone to chief operations officer, according to an announcement on Wednesday. Yannaccone’s promotion comes a little over two months after Compass closed its $1.6 billion acquisition of Anywhere. Yannaccone most recently

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Offerpad targets 1,000 quarterly transactions with AI platforms SCOUT, HENRY

Offerpad is welcoming two new team members to the company: SCOUT and HENRY. The new hires, which were announced Wednesday, are two internally developed artificial intelligence platforms.  Together, Offerpad says these platforms create an “intelligent operating architecture” that covers the full home transaction process. The company said the platforms will help enhance customer engagement, improve

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Washington law limits private listing networks for homes

Beginning in early June, real estate professionals in Washington state must publicly market their residential real estate listings to all consumers, unless the seller can show doing so would negatively impact their health or safety. This requirement comes after Washington Governor Bob Furgeson signed a bill into law on Monday banning exclusive marketing to select

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