Zillow and Compass are going head to head in an antitrust battle over the portal giant’s Listing Access Standard. Here’s a timeline of the rivalry and how the case has evolved. Continue reading
Just one day after the FTC sued to block the $100 million agreement between the two portal giants, a group of attorneys general from across the country filed their own lawsuit to block the deal. Continue reading
Most indie brokers Inman spoke with as news of the Compass and Anywhere transaction unfolded on Monday felt that the brokerages becoming one huge entity would make the indie experience even more attractive to agents. Continue reading
Just like the NCAA took advantage of athletes, Compass CEO Reffkin writes, Zillow, NAR and MLSs are just “monopolies that profit from work they don’t create.” Continue reading
A judge has dismissed a Pennsylvania broker’s lawsuit against the National Association of Realtors over its “three-way agreement.” This is the third lawsuit NAR has won regarding the rule’s antitrust status. Continue reading
A U.S. District Judge in Florida has dismissed homebuyer James Lutz’s antitrust complaint against HomeServices of America and Douglas Elliman. Lutz has 21 days to file an amended complaint for three of his four claims. Continue reading
Celebrity agent Mauricio Umansky, who has targeted the National Association of Realtors’ dominance over agents and the rules governing real estate, heads back to court. Continue reading
No evidence of “horizontal agreement” among real estate brokerages to inflate commissions, but judge will hear arguments alleging a “vertical antitrust conspiracy” with NAR. Continue reading
The antitrust suit, filed Monday in the Southern District of New York, accuses Zillow of using anticompetitive behavior to “protect its monopoly and revenues in violation of the antitrust laws.” Continue reading
Rental software company RealPage could soon see a reprieve from state and local efforts to ban its algorithmic pricing system thanks to a new tax bill passed Thursday by the House of Representatives under President Trump’s administration. Continue reading