Joy, despair following vote on NAR’s pocket listing policy

Comments on the proposal have been split, with some suggesting the overwhelming majority vote may not represent the industry at large. Take this poll to share your opinion.

As California rolls out short-term rental regulations, investors look elsewhere

“I’ve seen some investors change their plans because of these new regulations,” David Lukan, a Compass agent in Los Angeles, told Inman.

CMLS throws support behind NAR pocket listing ban

The Council of Multiple Listing Services on Wednesday became the latest organization to throw its support behind a polarizing policy proposal that would ban most off-market and pocket listings.

Redfin CEO doubles down on support for pocket listing ban

In a new blog post, Glenn Kelman argues that exclusive listings lead to discrimination and urged real estate professionals to take a stand by supporting a proposed ban.

Jersey City voters opt to restrict short-term rentals

The referendum prohibits using a property as a short-term rental for more than a total of 60 nights a year if the owner is not present.

Bright MLS: Pocket listing ban won’t hurt discount brokerages

Bright MLS is facing resistance to a new policy that bans pocket listings, but it said Tuesday that the rule will still let discount brokerages customize commission offers.

Bright MLS defends pocket listing ban in face of Compass threat

The multiple listing service invited Compass to discuss a policy that bans off-market listings but said it’s not afraid of a lawsuit and won’t back down.

Compass sends ‘pre-litigation letter’ to Bright MLS over pocket listing policy

Amid a heated industrywide debate over off-market listings, Compass this week sent a “pre-litigation letter” to Bright MLS threatening legal action over the multiple listing service’s new pocket listing policy.

Feds tweak regulations to lure banks back to FHA loans

A decade after the Great Recession, the federal government wants to lure banks back into the Federal Housing Administration program that caters to first-time homebuyers, and this week, it announced regulatory changes meant to make that program more app…

Minneapolis has officially eliminated single-family zoning

A year after issuing a preliminary approval, the Minneapolis City Council approved the Minneapolis 2040 plan in a 12-1 vote on Friday.