Editor’s note: The following ‘Myths vs Facts’ were excerpted from recent research, “Dispelling the Myths About Real Estate Commissions and the MLS,” released by Bright MLS. Bright MLS President and CEO Brian Donnellan offers context on the analysis below the comparisons. Myth: Agents steer clients to homes with higher commission rates. Fact: Our analysis of over…
For the past several decades, the MLS has maintained data quality and efficiency rules that benefit all. We are the unseen engine that powers brokers’ businesses while ultimately serving the best interests of consumers. Yet, as the industry evolves, it becomes clear that not much has changed for the MLS. We highlight consolidations, data-sharing initiatives…
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