REsides CEO Colette Stevenson Responds to Clear Cooperation Policy Debate

Offers Perspective Following Zillow and Redfin's Ban on Private Listings

HILTON HEAD ISLAND, S.C., April 16, 2025 /PRNewswire/ -- Colette Stevenson, CEO of REsides, the independent, borderless, and tech-forward MLS, today shared her perspective on the ongoing industry debate around the Clear Cooperation Policy (CCP), following recent decisions by Zillow and Redfin to ban private listings.

Below are approved quotes available for use in upcoming news stories, industry roundups, or CEO commentary features.

Please attribute all quotes to Colette Stevenson, CEO of REsides.

"The core flaws with the Clear Cooperation Policy were there from the start and required immediate action to provide a solution. This was compounded by the growing conversation around "coming soon" listings, with discussions about listings being withheld from the MLS happening as far back as 2014."

"Real estate doesn't need more regulation. It needs more innovation. The decision by Zillow and Redfin to ban private listings is just the first ripple in a much larger wave of industry change. This begs the question that since Zillow and Redfin are defined as brokerages and marketing platforms, will this open the door for legal ramifications." 

"Too often, industry policies, like CCP, are created in a vacuum without asking the most important question: what actually works for brokers, agents, and consumers?

"NAR's new policy shifts the burden to Association MLSs instead of fixing the root problem. REsides took a different path from day one. We designed a system that listens, adapts, and leads, not one that plays catch-up."

"REsides is not just reacting to the future of real estate, we're designing for it. That's the difference between being competitive and becoming irrelevant."

For full remarks, visit REsides News.

About Colette Stevenson
Colette Stevenson is the CEO of REsides, a leading independent, borderless MLS based in Hilton Head, South Carolina. Since joining in 2014 and becoming CEO in 2017, she has led the "MLS without Boundaries" movement, giving agents and brokers greater control over listing data by pioneering the industry's first equity-ownership model. A 2024 CMLS Board Member and award-winning industry leader, she also founded INDIE MLS, a forum for independent MLSs.

About REsides
REsides, Inc., a privately held corporation, is pioneering a unique borderless and independent MLS model driven by a tech platform that puts control back in the hands of brokers and agents. Supporting over $4.5 billion in transactions annually, REsides is dedicated to empowering its subscribers with reliable data and insights, innovative tools, and an unmatched equity model that is redefining the real estate industry to drive success in an ever-changing and competitive marketplace. Learn more about REsides at www.REsides.io.

SOURCE REsides, Inc.