The heated debate around the Clear Cooperation Policy (CCP) has roiled the real estate brokerage space as a result of fierce pushback on the rule from Compass.
But company CEO Robert Reffkin has a question amid what he characterized as “negative narratives and scare tactics.” What’s the downside for a home seller of Compass’s “three-phase marketing” strategy?
As the debate over the Clear Cooperation Policy (CCP) and the proliferation of private listings has heated up, the term “fiduciary duty” has been bandied about. But could listing a client’s property on a private network instead of the MLS really be considered a breach of fiduciary duty? HousingWire consulted legal and consumer advocacy experts to find out.
Compass Real Estate has launched a new business unit aimed at catering to ultra-high-net-worth clients and family offices.
The new division — called Compass Family Office — is led by Agent Cindy Scholz and will focus on providing strategic, long-term real estate services to individuals and entities managing significant wealth.
As Compass looks to grow its private exclusive inventory, the firm is going retro.
Prior to the advent of the internet, the physical MLS book of homes listed for sale was kept in a brokerage’s office. Consumers could come into the office to look at the properties that were on the market in a given MLS territory.