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
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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 »
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
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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 »
In the wake of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement, RealTrends Consulting co-founder Steve Murray predicted a new wave of industry consolidation. “Almost any time in history the U.S. federal government gets involved in this kind of litigation against a whole industry and imposes draconian changes to that industry, it causes
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Private listings and Clear Cooperation (CCP) have been Compass’s headline calling cards over the past several months, but at HousingWire’s The Gathering on Sunday, mergers and acquisitions were the primary focus. In a conversation with Diego Sanchez, the president of HousingWire, Lacey Conway, the CEO of Latter & Blum and Compass executive vice president of
Compass talks M&A strategy at The Gathering Read More »
Even in a housing market squeezed by low inventory and high interest rates, the real estate industry’s top performers continued to rise. More than 45,000 agents and teams secured a spot on the 2025 RealTrends Verified rankings, showing that experience and execution still drive success even in challenging conditions. Among them, those ranked in RealTrends
RealTrends Verified agents and teams deliver big gains Read More »
Details regarding Compass‘s soon-to-be-released artificial intelligence (AI) platform were shared by CEO Robert Reffkin during a company retreat this week. “We continue to invest over $100 million in technology every year, building more and more tools that can help you stand out and run a better business,” Reffkin told the audience. “And in this amazing
Robert Reffkin touts Compass’s AI platform, agent advocacy efforts Read More »