Bright MLS

Plaintiffs’ attorneys are checking on NAR settlement compliance

Almost 11 months have passed since the business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement went into effect. Now, the co-lead counsel for the settlement class is looking to find out if the parties are complying. In a letter sent in April but filed in court last week, the […]

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‘I want one source’: Consolidation is picking up in the MLS space

The housing industry is currently rife with consolidation, but the same wave of mergers and acquisitions has not taken the multiple listing service (MLS) sector by storm.  Over the past two decades, the number of MLSs across the country has greatly decreased. As recently as a decade ago, there were more than 900 MLSs. But

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Do you get déjà vu? The PLS sues NAR — again

If you are familiar with ThePLS.com’s original antitrust suit filed in 2020 against the National Association of Realtors over NAR’s Clear Cooperation Policy (CCP), reading the new suit filed Tuesday might give you déjà vu.  In its 31-page complaint filed in U.S. District Court in Los Angeles, the PLS notes that “Paragraphs 1-121 of this

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It’s official: DOGE cuts are impacting the DC housing market

When Elon Musk was given control over much of the federal government staffing levels at the start of President Donald Trump’s second term, real estate professionals in Washington, D.C., wondered if the sweeping layoffs would impact the housing market. While everyone has taken a wait-and-see approach, it’s getting hard to deny that people are moving

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Central Virginia MLS, Bright MLS finalize data integration

Central Virginia Regional Multiple Listing Service (CVR MLS) and Bright MLS have finalized a data sharing agreement that integrates real estate listings across a multistate region, the organizations announced Wednesday. The collaboration allows agents and brokers from both MLSs to access current and historical property data across central Virginia and six other states — improving

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