“They want us to not enforce the rules”: CRMLS fires back at Compass’ legal threat in private listings spat
Compass’ spat with a listings giant escalated this week, with the California Regional Multiple Listing Service rejecting Compass’ demand to permit marketing off-MLS listings. Compass issued the ultimatum in a Sept. 8 letter, saying it would give CRMLS until Oct. 6 to stop fining agents over marketing some listings or it would initiate federal antitrust litigation. CRMLS hit back Wednesday, rejecting Compass’ demands and announcing a legal defense fund for MLSs in response to the brokerage’s actions against local platforms. The announcement came alongside an op-ed from CRMLS CEO Art Carter and an open letter to Compass’ external counsel from […]This article originally appeared on The Real Deal. Click here to read the full story.
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