Just under nine months after filing a bombshell lawsuit against Zillow, Compass is dropping its legal challenge after the portal quietly modified its “Listing Access Standards” yesterday. The lawsuit had claimed that Zillow conspired with fellow portal Redfin to prevent Compass from implementing its “three-phased marketing plan” that involves a private listing phase. Last April,…
The mad dash for premarket power is showing no signs of slowing, as mega-brokerage eXp announced that it is striking a listing partnership with Realtor.com®, Homes.com and ComeHome.com (HouseCanary’s portal in Google Search), just 24 hours after Zillow launched a similar partnership with five other big national companies. Starting next month, eXp agents will be…
It was April of 2025 that portal behemoth Zillow announced its “listing access standards,” taking a hard stance against so-called “selective access” to listings. As some brokerages—most notably Compass—pushed for “private exclusive” marketing plans, Zillow argued that properties for sale should be listed everywhere. Just under a year later, the company has joined what has…
Above, Howard “Hoby” Hanna Amid the broader—and increasingly complex—debate over private listings, one of the more independent-minded independent brokerages announced this week that it is launching its own private network as a “strategic initiative,” balancing the demand for so-called “seller choice” with MLS policies the company has previously criticized. HannaList, announced this week by Howard…
Premier Sotheby’s International Realty names CFO, promotes two Premier Sotheby’s International Realty, headquartered in Naples, Florida, has named and promoted Abigail Tezniarz to chief financial officer and promoted Melissa Morehouse to associate vice president of marketing operations and Frank Russell to associate vice president of creative services. Tezniarz joined the brokerage in 2004 and has…
Editor’s note: This is part two of a two-part story examining the impact of the Redfin-Compass deal. Read part one here. “Real estate isn’t a transaction. It’s a process.” Those words, from Compass CEO Robert Reffkin on the company’s recent earnings call, were in response to a question about how Compass agents can communicate value…
After two and a half days of deliberations following a month-long trial in Manhattan federal court before U.S. District Judge Valerie Caproni, jurors on March 9 convicted luxury real estate brokers and brothers Alon and Oren Alexander, both 38, and Tal Alexander, 39, on all 10 counts of sex trafficking, inducing women to travel for…
Editor’s note: This is part one of a two-part story examining the impact of the Redfin-Compass deal. Look for part two in the coming days. “The future is bright. Look forward to building it with you.” Those words, from Compass CEO Robert Reffkin to Rocket Companies CEO Varun Krishna, have a little bit of subtext.…
Two federal judges this week appeared inclined to let a parallel homebuyer antitrust case against several brokerages move toward settlement, mostly denying plaintiffs who have fought to block or consolidate the competing litigation. The controversy came after Anywhere Real Estate struck a $9.6 million settlement in a copycat case that lawyers in the original and…
Less than a week ago, the United States went to war against Iran. While pundits and economists seek to assess the domestic impact, most experts have so far agreed that it is far too early to make any prediction regarding economic consequences, especially as federal officials (including president Donald Trump) offer shifting objectives and timelines.…
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