Real Estate Industry Tracker

Simplified Overview – Updated June 2025

🔧 Industry Rule Changes

✅ Clear Cooperation Policy (CCP) Still Active: Listings must be entered in the MLS within one business day of public marketing.
🆕 New Delayed Listing Option (DMEL): Lets sellers delay public exposure of listings. Still must be filed in MLS.
🚫 No-Commingling Rule Overturned: MLS and non-MLS listings can now be shown together on search portals.
⚖️ DOJ Still Watching: DOJ is not challenging CCP directly but continues to monitor NAR and MLS policies.
🛑 CRMLS Opts Out of DMEL: California’s largest MLS says their current system already works for seller flexibility.

Zillow: Bans listings not added to MLS within 24 hours. Now shows MLS + FSBO in a single search.
Redfin: Follows the 24-hour rule. Pushing for “Coming Soon” listings to hide DOM and price history.
Homes.com: Promotes “Your Listing, Your Lead.” No competing agent ads or lead diversion.
Movoto (OJO): Acquired by Lower to create a full-service real estate + mortgage platform.

📊 BONUS – Consumer Shift: Portals are becoming one-stop platforms. Agents must focus on visibility and lead control.

Compass: Sued NWMLS over office exclusives. Launched Compass One for integrated services.
Douglas Elliman: Offers “Black Label” for discreet luxury listings.
Corcoran: Offers “Corcoran Reserve” for pre-market listings.
eXp Realty: Internal network for pre-MLS listing access (“eXp Access”).
TTR Sotheby’s: Private listing options for high-profile clients.
Luxury Presence: Tech tools for custom private networks.

🏡 Affordability: Entry-level home prices up 124% since 2015. 30%+ of homeowners are cost-burdened.
📈 Mortgage Rates: 30-year fixed ~6.6%. Holding steady, limiting affordability.
🏘️ Existing & New Home Sales: Slow market, tight inventory, builder incentives.
💵 Home Prices: Median U.S. price near $419,000. Still up 45% since 2020.
🏙️ DC Area Forecast: Job losses expected mid-2025, especially in federal and contractor sectors.

📉 BONUS – Economic Watch: Regional indicators turning negative. D.C. area slowdown could impact prices and taxes later in 2025.

This summary is updated regularly to help clients and colleagues stay informed.