Portal giant Zillow largely receives listings from MLSs via internet data exchange (IDX) feeds, but at least in one major metro, that feed may soon see some disruptions. This year, Zillow has been in dispute with the Midwest Real Estate Data (MRED) MLS, covering Chicago and surrounding areas and which boasts over 48,000 subscribers. Now,…
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…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow and Compass hearing begins Tuesday, Nov. 18 On Tuesday, Nov. 18, Compass and Zillow will meet in court for a scheduled four-day hearing held in New York City, the latest round in the ongoing…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass’s request for Zillow/Redfin documents currently denied This past week saw new developments in the ongoing litigation between Compass and Zillow, the crux of which is Compass’s objections to Zillow’s new rules that remove listings…