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Real Estate Giants Are Building Their Own Listing Network. Compass Was Invited Inside.

Devone’s latest Open Real Estate report examines shared listing infrastructure, the invitation to Compass, visibility rules and unresolved operating details.

Real Estate Giants Are Building Their Own Listing Network. Compass Was Invited Inside.

Photo: Ярослав Алексеенко / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. The fight over who controls America’s home listings has a new contender: a coalition of some of the industry’s biggest brokerage organizations. AGNT, the parent of eXp Realty and NextHome, joined HomeServices of America, Keller Williams and Real REMAX Group on October 26 to announce Open Real Estate. The initiative proposes shared infrastructure for distributing property information among brokerages, multiple listing services and…

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