If you are familiar with ThePLS.com’s original antitrust suit filed in 2020 against the National Association of Realtors over NAR’s Clear Cooperation Policy (CCP), reading the new suit filed Tuesday might give you déjà vu. In its 31-page complaint filed in U.S. District Court in Los Angeles, the PLS notes that “Paragraphs 1-121 of this […]
Do you get déjà vu? The PLS sues NAR — again Read More »
Zillow is not buying Compass’s claims that its listing standards policy has or ever will cause “irreparable harm” to the nation’s top brokerage by sales volume. On Monday, the listing portal giant filed two letters in response to Compass’s motion for a preliminary injunction and its motion for expedited discovery. The responses come just a
Zillow fires back against Compass’s claims of ‘irreparable harm’ Read More »
While his firm may not be named as a defendant in Compass’s lawsuit against Zillow, it doesn’t that mean Glenn Sanford, the CEO of eXp World Holdings, doesn’t have thoughts to share. In its complaint, Compass (the nation’s largest brokerage by sales volume) named eXp Realty (the top brokerage by transaction sides), as a co-conspirator.
eXp’s Glenn Sanford fires back at Compass over private listings Read More »
While the more attention-grabbing parts of Compass’s complaint in its suit against Zillow included late night calls between Robert Reffkin and “co-conspirator” Redfin CEO Glenn Kelman, and a tense meeting with Zillow executives, the complaint also detailed the business impacts Compass is feeling as a result of Zillow’s policy. In the complaint, Compass claims that
Does Zillow’s policy really restrict Compass’s business? Read More »
Given the animosity between Compass and Zillow over the portal giant’s listing standards policy, it came as little surprise when the Robert Reffkin-helmed firm filed a lawsuit against Zillow Monday morning. While the complaint contains many of the anticipated claims, including that Zillow enacted the policy, which bans listings that are publicly marketed for more
The juiciest details in Compass’s lawsuit against Zillow Read More »
Compass, the largest real estate brokerage in the country by volume, has sued Zillow over its policy on private listings. Compass filed a lawsuit in New York on Monday, alleging that Zillow is breaking federal antitrust laws by permanently banning any listing that isn’t put on an MLS within a business day of being publicly
Compass sues Zillow over private listings policy Read More »
The countdown is on to Zillow’s new listing standards policy, which bans publicly marketed private listings. While it’s possible for agents at any firm to end up with a banned listing, most industry observers expect that agents at Compass — a vocal critic of the Clear Cooperation Policy (CCP) and Zillow’s policy — will face
Compass agents have a battle plan against CCP, Zillow Read More »
As the real estate industry faces unprecedented transformation, Century 21 Real Estate has stayed active through aggressive franchise growth, market consolidation and engagement with evolving homebuyer demographics. In an in-depth conversation with HousingWire, Century 21 CEO Mike Miedler opened up about the company’s strategy, its foundational franchise model and preparation for the future of homeownership.
Century 21 CEO talks industry consolidation, filling market gaps Read More »
Tensions between Compass CEO Robert Reffkin and Zillow are continuing to build in the lead up to Zillow’s new listing standards going into effect later this month. Reffkin followed up last week’s LinkedIn post claiming that Zillow no longer displays all MLS listings to prospective homebuyers, with two more posts. On Friday, Reffkin highlighted Zillow’s
Robert Reffkin continues his digital crusade against Zillow, Clear Cooperation Read More »
There are still three more weeks before Zillow’s new listing standards policy goes into effect, but Compass CEO Robert Reffkin is not wasting time pushing back against the policy. In a LinkedIn post on Monday, Reffkin claimed that Zillow no longer displays all MLS listings to prospective homebuyers. “Contact your agent regardless of their firm
The feud between Robert Reffkin, Zillow rages on Read More »