A major real estate brokerage is allegedly using Multiple Listing Services (MLSs) to restrict competitor access to property listings, a strategy that fragments the market and harms consumers. This approach aims to gain an advantage when direct competition on service quality or profitability is not viable. Developers of real estate platforms should monitor how MLSs respond to such pressures, as this could impact data accessibility and competitive dynamics in the sector.
Read the full article at HousingWire
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