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Glenn Sanford speaks at Inman Connect New York in 2019. | Photo credit: Kyle Espeleta/Inman
The brokerage was the third-largest by sales volume in 2022 and one of a relative few holdouts who had yet to settle lawsuits targeting the old status quo for real estate commissions.
Compass founder and CEO Robert Reffkin writes that Clear Cooperation and mandatory disclosures undermine seller choice and put them at risk of the unintended consequences of a mass exposure of property details.
While it has its critics, according to former Realtor Oscar Mazaba, thoughtful modifications could ensure that the policy works as it’s intended to while preserving client choice.
According to Redfin CEO Glenn Kelman, big brokerages have a vested interest in getting rid of Clear Cooperation, even at the expense of agents and consumers.
NextHome and Canva
In a LinkedIn post Tuesday, Dwiggins claimed brokerage leaders fighting to repeal the pocket listing rule are concealing an agenda to hoard listings, recruit agents and generate internal leads.