Breaking Down the MLS Drama: Pocket Listings, Tariffs, and Brokerage Growth

Suzanne and Paul dive into the controversial battle between major brokerages like Compass and Multiple Listing Services over exclusive listings and who controls property marketing.

• The MLS system establishes rules about when listings can be marketed and shared with other agents
• Compass is challenging these rules, arguing sellers should have more control over marketing their properties
• Pocket listings can benefit sellers who value privacy but may create unfair advantages for agents seeking to double-end deals
• Innovate Realty has grown its market share despite a 40% nationwide decrease in real estate transactions
• Potential tariffs on Chinese goods threaten to dramatically increase prices for appliances and fixtures in renovations
• Manufacturing may shift from China to India, where labor rates are significantly lower
• Successful brokerages focus on creating value for clients rather than primarily recruiting agents
• Market trends show luxury properties attracting multiple cash offers in Southern California

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