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Above, from left: Michael Wurzer, Melissa King, Cameron Paine, Justin Landon, Garry Marsoubian. Photo by AJ Canaria. As the real estate industry continues to change, the role of the MLS is evolving right alongside it. Recent legal action, as six MLSs join together in a federal lawsuit against Compass and the mega-brokerage’s broader campaign to…

The post The New State of MLS: Rethinking Rules, Data and Broker Needs appeared first on RISMedia.

Four brokerage giants are launching what they call “shared infrastructure” to keep listings shared broadly, seemingly in direct opposition to Compass and its campaign to undo cooperation-focused rules, in an initiative dubbed “Open Real Estate.” The four companies founding the initiative are Keller Williams, AGNT (parent of eXp and NextHome), HomeServices of America and Real…

The post BREAKING: Brokerage Giants Launch New ‘Shared Infrastructure’ for Listings appeared first on RISMedia.