The drama involving the San Diego Association of Realtors (SDAR) and San Diego MLS (SDMLS) is ramping up.
Last month, Michael Mercurio, the former CEO of SDAR and SDMLS, filed a lawsuit alleging that he was wrongfully terminated. This comes as a separate suit against Mercurio is slated to go to trial in October 2025.
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.
Digital earnest money solutions company Earnnest is the latest tool available to California Regional MLS (CRMLS) subscribers via the MLS’s REcore dashboard. The firms announced their strategic partnership late last month.
Beginning in June, CRMLS subscribers will have access to Earnnest at no cost, as it will be a core product within the REcore dashboard.
Industry debate around off-market listings — or pocket listings — has become increasingly heated.
For some agents, these private transactions are tools of exclusivity and strategy. For others, they’re a disservice to sellers and a potential breach of fiduciary duty.