
Breaking Down the MLS Drama: Pocket Listings, Tariffs, and Brokerage Growth
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Suzanne and Paul dive into the controversial battle between major brokerages like Compass and Multiple Listing Services over exclusive listings and who controls property marketing.
• The MLS system establishes rules about when listings can be marketed and shared with other agents
• Compass is challenging these rules, arguing sellers should have more control over marketing their properties
• Pocket listings can benefit sellers who value privacy but may create unfair advantages for agents seeking to double-end deals
• Innovate Realty has grown its market share despite a 40% nationwide decrease in real estate transactions
• Potential tariffs on Chinese goods threaten to dramatically increase prices for appliances and fixtures in renovations
• Manufacturing may shift from China to India, where labor rates are significantly lower
• Successful brokerages focus on creating value for clients rather than primarily recruiting agents
• Market trends show luxury properties attracting multiple cash offers in Southern California
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Paul Hanson:
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Stephen Couig:
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