A letter addressed to U.S. Attorney General Pamela Bondi and signed by 18 members of Congress asks for more information about the DOJ’s review of the merger, which it says was cleared “under extraordinarily questionable circumstances.” Continue reading
The two portals filed a reply to their motion to dismiss late last week further arguing that claims against them are “meritless.” A hearing on their motion to dismiss is scheduled for Feb. 25. Continue reading
The two portals filed a reply to their motion to dismiss late last week further arguing that claims against them are “meritless.” A hearing on their motion to dismiss is scheduled for Feb. 25. Continue reading
A legal filing submitted last week requests a number of communications between Zillow and Redfin employees related to the firms’ rental syndication agreement. Continue reading
The two portals say the syndication agreement they struck last year provides advantages for both renters searching for homes and property managers looking to lease buildings. Continue reading
Less than four months after Compass and Anywhere — two of the biggest companies in real estate — announced a planned merger, the firms closed the $1.6 billion deal on Friday after receiving a majority of shareholder approval. Continue reading
Senators Elizabeth Warren and Ron Wyden are asking the DoJ and FTC to “thoroughly investigate” the pending deal, which they claim would “entrench existing antitrust and price manipulation concerns that have been at the center of mounting litigation.” Continue reading
Zillow and Compass endured a four-day hearing this week over the portal’s listing access standards. A judge will now determine if Zillow can enforce these standards while Compass’s lawsuit continues. Continue reading
The lawsuit alleges that Zillow policies requiring Premier Agents to meet pre-approval quotas related to Zillow Home Loans “as a condition for maintaining access to these high-value leads” led to steering of consumers. Continue reading
In a motion to transfer the portal’s copyright infringement lawsuit with CoStar Group from New York to Washington, Zillow criticized CoStar’s legal tactics, and in particular, its many press releases issued regarding ongoing cases. Continue reading