Trending News: June 5, 2024

Northwest MLS criticizes $418M NAR settlement agreement, opts out. Also, Lenders file a class-action lawsuit against Equifax, citing monopoly in work number product. And finally, Nation’s largest MLS (California Regional MLS) now allows listings to show seller concessions.

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Northwest MLS criticizes $418M NAR settlement agreement, opts out: The regional MLS said that the nationwide settlement agreement eliminates compensation transparency for buyers and restrains choices for sellers. Read more

Lenders file class-action lawsuit against Equifax, citing monopoly in work number product. Plaintiffs say that Equifax has foreclosed rivals from at least 40% of the data necessary to make a VOIE product viable. Read more

Nation’s largest MLS now allows listings to show seller concessions
The change allows listings in the California Regional Multiple Listing Service to display whether a homeseller is willing to offer concessions in price — including to cover broker fees.
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Music by: Gloria Tells from Epidemic Sound

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