CRMLS lawsuit against Compass tests nationwide MLS rule enforcement
CRMLS has moved to block Compass’s court challenge to MLS rules, escalating a dispute that could test how forcefully listing networks defend cooperation standards.
Reporting and analysis grouped around #MLS.
CRMLS has moved to block Compass’s court challenge to MLS rules, escalating a dispute that could test how forcefully listing networks defend cooperation standards.
Compass chief executive Robert Reffkin has sharpened his criticism of California Regional MLS, citing earlier CRMLS forms as the companies’ dispute over listing rules, market access and competition continues.
Multiple listing service executives are being urged to plan for legal challenges involving broker cooperation, participation requirements and access to property data as lawsuits and demand letters intensify.
Former Bright MLS strategy chief David Charron called on MLS leaders to reduce operational friction and make investment choices based on where the real estate industry may stand 18 months from now.
eXp Realty and HomeServices of America have joined an early CMLS membership effort designed to bring brokerage perspectives more directly into decisions affecting multiple listing services.
Zillow executive Samuelson said efforts to restrict access to multiple listing service data risk attracting government intervention, citing congressional scrutiny involving Compass and MRED.
California Regional MLS has rejected Compass demands involving MLS cooperation rules, while preparing for possible litigation and creating a legal defense fund to support its position.