Real estate industry reacts to Compass-NWMLS lawsuit
Briefly

In response to a lawsuit involving NWMLS, Compass CEO Robert Reffkin emphasized support for homeowners seeking choices in home sales. He criticized the NWMLS as a system built to uphold monopolistic control, rather than serving homeowners. In contrast, industry veteran Robert Potashnick sharply criticized Compass, alleging that the company knowingly violated NWMLS rules and treated penalties casually. Potashnick claimed Compass's behavior demonstrated entitlements and a lack of respect for industry rules, prompting a retaliation of legal action rather than accountability.
Compass is proud to support Washington homeowners who are asking the right question: Why are we the only homeowners in America without a choice in how we sell our homes?
Reffkin is 100% full of it. Compass treated fines like parking tickets—knowingly breaking the rules. This wasn't innovation. It was intentional violation.
Read at www.housingwire.com
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