• The MRED Zillow legal fight just hit agents and sellers directly,Brooklee Han

    The MRED Zillow legal fight just hit agents and sellers directly

    Real estate professionals across the Greater Chicagoland area awoke Wednesday to find their listings removed from Zillow, as the fight between the listing portal giant and the local MLS, Midwest Real Estate Data (MRED), which already includes an antitrust lawsuit, escalated.  On Wednesday morning, M

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  • Rocket Mortgage, Rocket Pro adopt VantageScore 4.0,Sarah Wolak

    Rocket Mortgage, Rocket Pro adopt VantageScore 4.0

    Rocket Mortgage and Rocket Pro announced Thursday that they have begun using VantageScore 4.0 alongside Classic FICO scores in the mortgage qualification process, a move the company said is aimed at expanding access to home financing. Rocket’s crosstown rival, United Wholesale Mortgage (UWM) began a

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  • New brokerage Showings bets on buyer leads over listing commissions,Jonathan Delozier

    New brokerage Showings bets on buyer leads over listing commissions

    A new real estate brokerage aims to eliminate traditional listing agents and listing fees altogether — a model its founder says could challenge decades-old assumptions about agent compensation. Showings announced it will officially launch May 22 in New York City, Atlanta, Chicago and Orlando. The co

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