Industry Relations More questions than answers
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Mar 13, 2025 Explore the latest upheavals in real estate as major players like Gary Keller innovate and face challenges. Discover the implications of REX's legal setbacks against Zillow and NAR. Tune in to the unveiling of AREA, a new alternative from Umansky and Haber, and how its policies could reshape collaboration. Delve into the Department of Justice’s surprising focus on MLS monopolies rather than commission structures. This engaging discussion is sprinkled with sharp analysis and a touch of sarcasm—perfect for real estate enthusiasts!
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Iterative CCP Approach
- Extend Clear Cooperation Policy window to 30 days, then revisit it one year later.
- This iterative approach helps address concerns and allows for adjustments based on real-world impact.
30-Day CCP Disruption
- A 30-day Clear Cooperation Policy window could disrupt MLSs by incentivizing off-market deals.
- This pre-marketing advantage becomes a powerful recruiting tool for larger brokerages.
DOJ's Focus: MLS Monopolies
- The DOJ's primary concern isn't commission lawsuits, but rather MLS monopolies.
- A potential solution involves mandatory data sharing between MLSs to foster competition.