Tag: pocket listings
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Compass vs. Zillow: Who Will Reign Over Real Estate?
Compass and Zillow Group are in it to win it – but which company will prevail? Just about everyone has used or heard of Zillow’s real estate website, and most people are also familiar with Redfin. In another major industry consolidation, Rocket Companies – the Detroit-based homeownership platform and parent of Rocket Mortgage – completed…
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Pro-Consumer Trend: New York to Ban Private Listings, Making More Homes Visible to Buyers
Most people visit real estate websites when they kick off their home-buying process. In New York, a proposed state law would ensure they can actually view everything that’s for sale. The New York state Senate just unanimously passed the Fair and Transparent Real Estate Listing Act. If signed by the governor, real estate agents…
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Do Private Listings Hurt Senior Home Sellers?
Once a home is listed on the market, it shows up for sale on the popular real estate websites. That’s almost always best for home sellers and buyers alike. Are there times when a “pocket listing” makes sense? Yes, but that’s the rare case. We’ll explore that in a moment. The main thing is to…
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Should Brokers Keep For-Sale Homes Hidden?
It’s the Real Estate Industry’s Latest Debate — Pocket Listings Our regular readers know about recent changes in real estate practices. The big changes came out of settlements by the National Association of REALTORS® (NAR) and large brokerage firms in response to class-action court cases. NAR had to give up its long-running practice of having…
