Redfin Joins Zillow in Not Featuring Delayed Listings
Redfin became the latest big name to support the National Association of Realtors’ updates to its pocket listing policy.
Redfin became the latest big name to support the National Association of Realtors’ updates to its pocket listing policy.
The ink is barely dry on NAR’s new pocket listings policy, but already some in the industry worry that more concessions could be made to fans of the practice and that consumers could be harmed.
After updates to the National Association of Realtor’s Clear Cooperation policy on pocket listings, Zillow announced that it will not publish homes that are not published on multiple listing services.
The National Association of Realtors’ anti-pocket listing policy is here to stay, the trade group announced Tuesday morning. But it’s got new options.
From customer protection to the basic foundations of the real estate economy, a major brokerage’s move to grow its off-market listing business could have a big impact on the Massachusetts housing market.
Fractures in the residential real estate industry over a policy that’s supposed to curb so-called “pocket listings” are raising the possibility of another huge shift in how homes are bought and sold.
Can you mine new housing inventory and leads for real estate agents from homes whose owners haven’t even made the firm decision to sell? That’s the bet a new local startup is making.
The National Association of Realtors’ board on Tuesday voted on a measure intended to crack down on the practice of “pocket listings,” where a real estate agent declines to list a sale on a multiple listings service, and instead markets the sale within a separate, informal network of brokers or others.