Listing Gatekeeping: Strategy or Market Manipulation

[Ella Compton]

In his statement, eXp Realty CEO Leo Pareja calls out Compass for "gatekeeping" listings, arguing that keeping homes off the MLS creates artificial scarcity, confuses buyers, and prioritizes agents over consumers. He asserts that exposure is key to selling homes and that hiding away inventory hurts trust across the industry. He says eXp is committed to transparency and open access as a core principle of leadership and consumer advocacy.

Do you think withholding listing from the MLS can ever truly benefit the seller, or does it always work against the consumer trust and market transparency?