Compass and Zillow might disagree on many things, but when it comes to the proposed parameters of their expedited discovery, the two adversaries managed to agree on a few items. In a joint letter filed on Monday addressed to Judge Jeanette A. Vargas, the parties outlined their proposals for the expedited discovery Compass was granted […]
Compass, Zillow iron out lawsuit discovery terms Read More »
Compass, which previously slammed Northwest MLS’s (NWMLS) motion to dismiss its antitrust suit as “misleading and self-serving,” officially fired back Monday with a formal reply filed in U.S. District Court in Seattle. Originally filed in April, Compass claims that NWMLS’s listing rules, which mandate that members must input listings into the MLS within 24 hours
No matter how you slice it: Compass say NWMLS’s rules are anticompetitive Read More »
At first glance, the real estate portal landscape looks much like it did a year ago. The same power players, the same products, the same strategies — at least on the surface. “My initial snarky reply is that the space hasn’t changed,” Mike DelPrete, a real estate industry technology strategist, said. “If you look at
Has the real estate portal landscape changed after all the M&A? Read More »
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Realtor.com parent Move acquires Zenlist Realtor.com parent Move Inc. has acquired Zenlist, a real estate tech startup known for its agent-client collaboration tools. The deal boosts Realtor.com’s
Tech Pulse: Realtor.com acquires Zenlist; Zillow unveils new tools Read More »
A little over two weeks after Zillow filed letters responding to Compass’s motions for preliminary injunction and expedited discovery, the listing portal giant is officially firing back with its response to these motions. Zillow filed its response and related declarations from company executives, including Chief Industry Development Officer Errol Samuelson, CEO Jeremy Wacksman and CFO
Zillow pushes back against Compass’s claims of conspiracy, monopoly Read More »
Zillow has rolled out five new features aimed at streamlining the process of buying, renting and touring homes. The updates — now live nationwide — include a drone-powered virtual viewing tool and offer pricing transparency for rental properties, along with coordinated tour scheduling and affordability estimates. SkyTour allows users to navigate a 3D aerial view
Zillow unveils tools to simplify buying, renting, touring Read More »
In a surprising move, Compass announced Friday it will open its exclusive inventory to any real estate brokerage or multiple listing service (MLS) — marking a shift for a firm long known for promoting private listing networks. The offer comes with strict conditions: listings must remain unaltered, with the original listing agent prominently featured and
Compass opens exclusive listings to rivals — with strings attached Read More »
The U.S. faced a shortfall of 4.7 million homes in 2023 — the largest housing deficit on record — according to a new Zillow analysis of U.S. Census Bureau data. Persistent inventory shortages continue to drive the national housing affordability crisis, limiting access to homeownership and forcing millions of people to share homes with non-relatives.
Zillow: US housing shortage hit 4.7 million in 2023 Read More »
Zillow’s listing standards policy may have only been in effect for one day, but Eric Johnson, a Boston-based Compass agent and team leader, said he has already seen an impact. “Our team has only received a warning so far, but I personally know several agents whose listings have already been banned,” Johnson, who leads Mission
How many listings have been impacted by Zillow’s new policy? 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 »