Rethinking How MLS Rules Get Made, In Light of NOW Model

Over on Inman, Sam Debord, CEO of RESO, longtime friend of ours (even if we argue a bunch in public), and all around great guy penned an Op/Ed titled “Unshackling MLS data: It’s time to accelerate NOW.” I figured Sam was a supporter of the National Organization of Women, but… oh wait, different NOW. Sam … Read more

Compass and Coming Soon: Not About the Client

[EDIT: This post has been updated with responses from Compass, and my further responses to those responses.] [EDIT: I have updated the post once again, with another round of clarifications from Compass Spokesperson.] This week is when NAR will decide on what to do about Off-MLS and Coming Soon. I have already written thousands of … Read more

The Innate Value of the MLS? Thinking Through a Podcast from Austin Board of REALTORS

Emily Chenevert, the CEO of Austin Board of REALTORS and its MLS, ACTRIS, is one of my favorite people in the industry. We have known each other for years now from when she served as the Government Affairs Director for ABOR, and even then, I knew she was destined for greatness. Emily is smart as … Read more

On NAR’s MLS Policy Statement 8.0: A Step Forward… Into Confusion

Coming Soon and all of the off-MLS shenanigans have become an increasing problem within the industry, especially for the MLS. I’ve written about this here, here, and here (this post is VIP only). My position on MLS and systematic Coming Soon programs ought to be crystal clear by now, as I wrote in the Peace … Read more

Millennials and Rent Control

Back in February, I wrote a long post imploring the Young Professionals Network (YPN) of the National Association of REALTORS to take up housing affordability as their issue: Homeownership is not under attack; if anything, homeownership is widely subsidized and supported, in large part because of REALTOR political action. Think about it. Mortgage interest deduction … Read more

[VIP] Hot Take on NAR’s Motion to Dismiss

In the all-important Moehrl v. NAR case, NAR has filed a motion to dismiss, and submitted a brief in support of that motion. I’ll embed it below. This is all but guaranteed in just about any serious civil litigation these days involving serious lawyers who get paid by the hour. I remember my Civil Procedures … Read more

The Most Important Article for REALTOR Leaders to Read: The End of Aspiration

I’m busy and about to head off to a strategy session, but I had to share this with you all — especially with those who are in leadership positions in REALTOR Associations and local/regional MLSs. I may have thoughts on this in the future, but for now, let me just tell you that this might … Read more

Gotterdammerung: A Very Serious Legal Threat

I realize I just posted on the future of the MLS, and normally, I’d let posts sit for a few days to “mature” but this is far too big an event and far too big a deal to wait. In case you missed it, a class action lawsuit was filed with the United States District … Read more

A Mission for YPN, If You Choose to Accept It…

It’s been a good long while, I know, and I apologize. But life has become a bit insane, with travel, client work, and of course, writing a 90-page report on the truth about Millennials as real estate consumers. The February Red Dot just went live today, so I can finally write this post I’ve been … Read more