Real Estate — MLS System Faces Existential Challenge as Compass-Redfin Alliance Signals Major Industry Restructuring

Real Estate · 2026-03-05

Today marks a potential inflection point for the real estate industry's core infrastructure, with multiple developments suggesting a fundamental shift in how property data and transactions are managed. The Compass-Redfin-Rocket alliance represents the most significant challenge to the traditional MLS system in decades, while simultaneously, performance data reveals a 200-basis-point profitability…