Lety  SyCip

Lety SyCip

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‘Threading the Needle:’ Bright MLS Execs Talk Compass, Private Listing Laws and the Future of Cooperation

USA Real Estate News-RISMedia - Wed, 2026-05-27 13:26

Above, Brian Donnellan, left, and Brian Schneider In an op-ed published earlier this month, Brian Donnellan, CEO of Bright MLS, referred to much of the recent industry upheaval as “noise.” Partnerships, consolidations, new entrants—all things that “sidestep” issues that directly affect real estate professionals, he argued. Also in that op-ed, Donnellan revealed that Bright was…

The post ‘Threading the Needle:’ Bright MLS Execs Talk Compass, Private Listing Laws and the Future of Cooperation appeared first on RISMedia.

MLS Leaders React as Their States Restrict Private Listings

USA Real Estate News-RISMedia - Wed, 2026-05-27 12:33

Private listings and networks remain a hot-button issue in real estate, one where sharp lines are being drawn—with MLSs playing a critical role. Recently, Compass announced a partnership with Midwest Real Estate Data (MRED) to bring that MLS’s private listing network nationwide. Other MLSs, such as Tennessee’s Realtracs, have also gone national, even if the…

The post MLS Leaders React as Their States Restrict Private Listings appeared first on RISMedia.

Court Grants Preliminary Approval of Buyer Settlements

USA Real Estate News-RISMedia - Wed, 2026-05-27 11:39

A federal judge in Chicago has granted preliminary approval to settlement agreements with more than 20 real estate companies in a major antitrust lawsuit filed by recent homebuyers challenging commission practices in the residential real estate market.  On May 26, U.S. District Judge Lindsay C. Jenkins approved opt-in agreements in the case Tuccori v. At…

The post Court Grants Preliminary Approval of Buyer Settlements appeared first on RISMedia.

A 2nd major MLS says it will shut off Zillow’s listing feed

USA Real Estate News-Inman - Wed, 2026-05-27 11:34
The threat comes one week after the MLS in Chicago shut off Zillow's listings feed in the nation's third largest city.

The Zillow vs. MLS war exposes the industry’s biggest weakness

USA Real Estate News-Inman - Wed, 2026-05-27 11:07
Is Compass wrong? Is Zillow off base? It doesn’t matter. They’re not the villains; old thinking and outdated assumptions are, coach Verl Workman writes.

Rental concessions more than double pre-pandemic rate

USA Real Estate News-Inman - Wed, 2026-05-27 10:05
Rental concessions have more than doubled since before the pandemic, with nearly 2 in 5 listings now offering free rent, waived fees or discounted move-in costs — handing renters their strongest negotiating position in years, according to a new Zillow analysis.

Luxury Presence surpasses $100M in annual recurring revenue

USA Real Estate News-Inman - Wed, 2026-05-27 09:00
Luxury Presence has crossed $100 million in annual recurring revenue, now serving more than 100,000 agents across nearly 20,000 real estate businesses.
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