BrightMLS is the latest partner to collaborate with Compass and expand nationally. Here’s what the growing alliance means for listings, portals and you.
In just a few weeks, Compass has forged partnerships with MRED, Realtracs, TheMLS/CLAW and now BrightMLS – four of the nation’s largest MLSs, covering the Mid-Atlantic, the South, Chicagoland and greater LA. HiveMLS (serving Georgia, the Carolinas and beyond) is apparently next in line.
“Compass has committed to making its nationwide data available to our subscribers through our system,” wrote Brian Donnellan, CEO of BrightMLS, in announcing the deal. “Additionally, 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 in various regions.”
Meanwhile, the new front of the portal wars intensified this week when Zillow sued Compass and MRED in federal court for what it called a conspiracy to threaten Zillow’s access to listings if it enforced its policy on pre-marketed listings.
The infrastructure that allows listings to move through the market is being rebuilt in real time, and most brokers have no idea this is even happening. Fortunately, Inman’s contributors offer practical insights, strategies, how-tos, and opinion pieces to help you navigate the new normal and thrive.
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The clear cooperation policy is dead. What comes next?
Now that NAR’s Clear Cooperation Policy has fallen out of favor with the real estate industry, how will we navigate this new terrain? Coach Darryl Davis asks and answers.
Real estate has lost its way. It’s time to return to our North Star
Taking care of customers and prioritizing excellence is the way forward amid ongoing industry consolidation and turmoil, trainer Bernice Ross writes.
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