Real estate battle over secretive off-market listings heats up


Real estate battle over secretive off-market listings heats up


A brokerage giant wants to expand nonpublic listings but is facing pushback from within the industry.

When prospective home buyers come up empty-handed, seeing a “sold” sign on an ideal home that never showed up during their search rubs salt into the wound.

What’s frustrating to so many is these nonpublic sales, often known as off-market listings, shortcut the transparency that’s meant to inform the buying and selling process: Every home that’s listed by a real estate agent and marketed to the public is supposed to be visible through one of the hundreds of databases known as Multiple Listing Services (MLS)...


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RSK: This doesn`t happen in Commercial Real Estate does it? Hmmm.

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- - Volume: 24 - WEEK: 52 Date: 12/26/2024 12:04:22 PM -