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Lawsuits & Legal

Council of MLS steps up defense with new $1M-plus legal fund as Compass threats spread

Originally reported by The Real Deal ·

The MLS Daily News summary

The Council of Multiple Listing Services is proposing a legal fund of more than $1 million to help MLSs push back against legal threats. The move comes less than a month after Compass CEO Robert Reffkin escalated demands that MLSs allow off-MLS marketing of listings.

Read the full story at The Real Deal ↗

This summary is based on The Real Deal's reporting, which MLS Daily News has not independently verified. It may have been prepared with the help of automated tools. Any allegations described are claims made by the parties or reported by the source, not findings of fact. The headline and full article belong to The Real Deal. Spot an error? See our corrections policy. Publishers: request removal.

Compass vs. the MLSsCouncil of MLS (CMLS)

More on this story

Lawsuits & Legal

How Compass' fight with MLSs became a coordinated legal battle

An Inman report traces how Compass's demand letters to individual MLSs developed into multiple court cases. According to the report, at least nine MLSs, with roughly 272,000 combined subscribers and users, have rejected the brokerage's demands or gone to court; the central question is whether a brokerage can publicly market homes while keeping them out of the MLS.

Source: Inman ↗