The FTC sued Zillow and Redfin last September over a major rental syndication deal. A new filing shows the portals have provided hundreds of thousands of documents for the case. Continue reading
As rent concessions decline, build-to-rent operators are turning to smarter pricing strategies, bundled services and fee transparency to attract renters. Continue reading
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