In just a matter of weeks, Compass has locked in partnerships with MRED, Realtracs, TheMLS/CLAW and now BrightMLS — four of the largest MLSs in the country, covering the Mid-Atlantic, the South, Chicagoland and greater LA.
BrightMLS is latest to partner with Compass, expand nationwide by Taylor Anderson
“Compass has committed to making its nationwide data available to our subscribers through our system,” BrightMLS CEO Brian Donnellan wrote when announcing the deal. “In addition, Compass has agreed to subsidize new Bright subscriptions for its agents under Compass International Holdings in New Jersey, Pennsylvania, and Virginia, or elsewhere in the country so they can take advantage of Bright’s capabilities across regions.”
Meanwhile, the portal wars’ new front intensified last week when Zillow sued Compass and MRED in federal court over what it called a conspiracy to threaten Zillow’s access to listings if it enforced its policy around pre-marketed listings.
The infrastructure that lets listings move through the market is being rebuilt in real time, and most real estate agents have no idea it’s even happening. Fortunately, Inman contributors provide boots-on-the-ground insights, strategies, how-tos and op-eds to help you navigate the new normal and flourish.
The off-market myth: How listing fragmentation is hurting buyers and agents
The increasing prevalence of off-market listings has buyers feeling like they’re missing out, new Inman contributor Michael Nourmand writes. Here’s how to provide clarity and transparency now.
The Clear Cooperation Policy is dead. What comes next?
How will we navigate this new terrain, now that NAR’s Clear Cooperation Policy has fallen out of favor with the real estate industry? Coach Darryl Davis asks and answers.
Real estate has lost its way. It’s time to return to our North Star
Taking care of clients and prioritizing excellence is the path forward amid ongoing industry consolidation and upheaval, trainer Bernice Ross writes.
Correction: This story originally stated that HiveMLS was apparently slated to follow other multiple listing services in partnering with Compass. That is not the case.
