Editor’s Note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Federal judge rules Trump administration must find funding for CFPB The Trump administration’s latest attempt to block funding and operation of the Consumer Financial Protection Bureau (CFPB) hit a roadblock on Dec. 30.…
Anywhere Real Estate is facing legal challenges as its $1.6 billion merger with Compass moves toward a critical stockholder vote, with three lawsuits alleging insufficient financial disclosures in merger documents. According to an SEC filing on Dec. 29, three complaints have been filed by “purported stockholders of Anywhere” in New York and New Jersey courts…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass accuses NWMLS of dragging its feet in lawsuit discovery On Christmas Eve, Compass’s attorneys were not feeling the giving spirit from lawyers representing NWMLS as the two parties wrangle over discovery in…
Compass and Northwest Multiple Listing Service (NWMLS) are locked in a heated discovery dispute as the real estate giant’s antitrust lawsuit against the regional MLS moves forward, according to recent court filings. The lawsuit, filed by Compass back in the spring, alleges that NWMLS leveraged its rules to undermine Compass’s private listing-focused strategy. NWMLS has…
The proposed deal for Compass to acquire Anywhere was almost certain to draw regulatory scrutiny from the beginning, due to the size and nature of the deal—nearly doubling the size of the company and consolidating somewhere around 500,000 annual transactions and 100,000 agents under one roof. What that scrutiny might look like became more clear…
Above, Mark and Ginger Gentry Compass, the tech-enabled national real estate services company, recently welcomed The Gentry Team. As a leader in sales in Moore County, North Carolina, for the past three decades, The Gentry Team brings over 75 years of experience and $1.2 billion in total sales volume. “The Gentry Team is a strong…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass and Zillow file final hearing documents, await judge’s ruling Compass and Zillow have both filed their final court documents related to the recent hearing in the two companies’ lawsuit over Zillow’s private…
Northwest Multiple Listing Service (NWMLS) has indicated its intent to assert counterclaims against Compass, according to a stipulated motion filed today in the U.S. District Court for the Western District of Washington. The development comes as both parties jointly requested an extension to the case schedule, pushing the jury trial date from June 8, 2026…
NEW YORK CITY—U.S. District Judge Jeannette Vargas heard closing arguments Friday, Nov. 21, capping off a weeklong hearing between real estate giants Zillow and Compass. At the heart of the case is Compass’s Three-Phased Marketing (3-PM) Strategy, which allows homesellers to market properties privately before listing them publicly on the Multiple Listing Service (MLS) and…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Four days of testimony set battle lines in Zillow-Compass showdown With top executives, brokers and a mob of journalists packing a high-rise federal courtroom in Manhattan last week, the public got its first glimpse of…
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