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 »
An Arlington County, Virginia, “Missing Middle” housing initiative has been given new life following a Virginia Court of Appeals decision Tuesday — dismissing a lawsuit aiming to overturn the zoning overhaul. A report from WTOP News showed the court finding that a group of homeowners who filed suit failed to include real estate developers as
Virginia appeals court backs ‘missing middle’ housing policy 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 »
The Telephone Consumer Protection Act (TCPA) lawsuits against real estate companies are beginning to pile up again. Plaintiff Jessica Murch filed a TCPA suit against Compass and Compass Washington on Tuesday in U.S. District Court in Portland, Oregon. “The Plaintiff brings this action to enforce the consumer-privacy provisions of the TCPA alleging that Compass violated the
Compass named in Oregon telemarketing lawsuit Read More »
Opendoor has agreed to pay $39 million to settle a lawsuit that alleges the company misled investors about the reliability of its pricing technology, according to court documents filed Friday. The proposed settlement — filed in federal court in Arizona and first reported by Reuters — must still be approved by U.S. District Court Judge
Opendoor will pay $39M to settle pricing algorithm lawsuit Read More »
An order signed by a magistrate judge in the U.S. District Court for the Southern District of California has established a forward timeline for the ongoing lawsuit between major reverse mortgage industry lenders Mutual of Omaha Mortgage and Longbridge Financial. A trial is scheduled to begin in November 2026, according to court documents viewed by
Judge sets trial timeline for Mutual of Omaha and Longbridge Read More »
A federal judge on Tuesday refused to block a landmark New York City law that will shift responsibility for paying broker fees from renters to landlords — clearing the way for the Fairness in Apartment Rental Expenses (FARE) Act to take effect on Wednesday. U.S. District Court Judge Ronnie Abrams denied a request by the
Judge rejects bid to block NYC broker fee reform Read More »
The former chief financial officer of cloud-based real estate firm The Real Brokerage has filed a federal lawsuit alleging she was pushed out of the company after becoming pregnant and taking maternity leave. Michelle Ressler, who was relieved of her role as CFO in April, claims in the suit that Real orchestrated her termination under
Former CFO sues Real Brokerage, alleges discrimination Read More »
A California real estate broker is suing the National Association of Realtors (NAR) over a policy that forces brokers to pay dues for agents who aren’t members of their state, local or national Realtor associations. John Diaz, who’s based in Modesto, claims that NAR’s Variable Dues Formula (VDF) policy penalizes brokers for associating with agents
‘No legitimate justification’: California broker sues NAR over ‘anticompetitive’ dues Read More »
An Ohio appeals court has upheld a jury’s decision that orders CrossCountry Mortgage (CCM), the nation’s eighth-largest mortgage lender, to pay $2.1 million to a former senior accountant who was allegedly fired due to her age. Cheryl Shephard, who joined CCM in 2016, filed the lawsuit in October 2022 against the company and its vice
CrossCountry Mortgage ordered to pay $2.1M in age discrimination case Read More »