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Federal Trade Commission

Court merges lawsuits over Zillow, Redfin’s multifamily listing deal

Brokerage, Federal Trade Commission, HWmember, Legal, Real Estate, Redfin, Zillow /

The two antitrust lawsuits involving Zillow and Redfin’s $100 million multifamily rental syndication deal have been consolidated.  The plaintiffs in the lawsuits include the Federal Trade Commission (FTC) and attorneys general in Virginia, Arizona, New York, Connecticut and Washington. The five states’ attorneys general filed their unopposed motion to combine their lawsuit with the suit filed […]

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Zillow focuses on consumers, agents to fuel future growth

Agent, Compass, CoStar Group, Earnings, Federal Trade Commission, HWmember, Real Estate, Redfin, Zillow /

It has been a messy few months for Zillow Group, including a copyright lawsuit from CoStar, a class action consumer RESPA suit, and antitrust suits from both Compass and the Federal Trade Commission (FTC). While some of the listing portal giant’s competitors have said that it is a company of the past, Zillow executives are

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Why the FTC is targeting Zillow and Redfin’s rental deal

Federal Trade Commission, HWmember, Legal, Real Estate, Redfin, Regulatory, Rental Properties, Trump administration, Zillow /

Despite rumors earlier this year that the Federal Trade Commission (FTC) was investigating Zillow and Redfin over their $100 million rental syndication deal, the announcement that the FTC was suing the two companies still carried an element of surprise. “This shows that the Federal government is still looking hard at the realty space,” Chuck Cain,

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5 states sue Zillow, Redfin over $100M agreement after FTC suit

Arizona, Connecticut, Federal Trade Commission, HWmember, Legal, New York, Real Estate, Redfin, Regulatory, Virginia, Washington, Zillow /

Zillow and Redfin are facing yet another lawsuit related to their multifamily rental syndication deal. On Wednesday, attorneys general in Virginia, Arizona, New York, Connecticut and Washington filed a lawsuit in U.S. District Court in Alexandria, Virginia, that makes claims identical to those alleged by the the Federal Trade Commission (FTC) in its lawsuit filed

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FTC lawsuit claims Zillow–Redfin rental tie-up crushes competition

Federal Trade Commission, HWmember, Legal, MLS/Associations, Real Estate, Redfin, Zillow /

The Federal Trade Commission (FTC) is suing Zillow and Redfin over their rental syndication agreement.  In a complaint filed on Tuesday in U.S. District Court in Alexandria, Virginia, the FTC claims that the two firms conspired to eliminate competition in the rental listing space and that their syndication agreement — under which Zillow paid Redfin

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FTC revisits noncompete rules after Biden-era ban blocked

Federal Trade Commission, HWmember, LendingLife, Mortgage, Regulatory, Regulatory Compliance, Trump administration /

The Federal Trade Commission (FTC) on Thursday issued a public request for information on noncompete agreements as it seeks to identify practices it considers “unfair” and “anticompetitive,” a topic that has drawn attention across the mortgage and real estate industries.  Under the Trump administration, the FTC said it will take a case-by-case approach rather than

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