How an MLS slipped through NYC’s cracks
It was like the meeting of the five families. In 2001, the dons of New York City’s residential brokerages all gathered to discuss whether they should band together to create a formal Multiple Listing...
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Class action cases over broker commissions pick up steam
Two class action antitrust lawsuits that threaten central tenets of the U.S. real estate business have now joined forces...
Nation’s first affordable housing development for LGBT seniors to open in Bay Shore, West Islip home with helipad hits the market & more Long Island real estate news
Inside the Network: Hundreds of fake sites for luxe buildings are generating real leads for brokerages
Give these websites just a glance, and you might reasonably think they are for some of Manhattan’s toniest condominium buildings. But visit any of...
NAR hit with another antitrust suit over buyer-broker commissions
Even more home sellers are taking aim at the National Association of Realtors and major home-selling brokerages over buyer...
Class action suit could change real estate commissions
In what could be the most far-reaching antitrust lawsuit for the real estate market in decades, the National Association...
Hamptons Cheat Sheet: Southampton home gets $1.5M as summer rental, Sagaponack street named East End’s priciest… & more
Southampton new build snags $1.5M as summer rental A tenant plans to lay down $17,500 a day to rent out a contemporary oceanfront home...
Compass joins nascent New York MLS
Compass is joining the nascent New York MLS amid the brokerage industry’s latest dustup with StreetEasy. The SoftBank-backed firm plans to announce today that its listings will appear on NewYorkMLS.com, a new multiple listing...
StreetEasy is pushing manual entry. But the brokerages are resisting
Several of the city’s top brokerages are defying StreetEasy’s latest attempt to push manual listing entry on agents, which...
Home listings startup launches in SoFla with expansion plans for NY, California
A startup that takes the real estate agent out of the deal recently launched in South Florida with plans...
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