Above, Canopy MLS CEO Anne Marie DeCatsye With the recent news that Charlotte, North Carolina-based Canopy MLS is joining the trend to expand nationally, Anne Marie DeCatsye, Esq., CEO of Canopy MLS, explained in further detail to RISMedia its recent move to allow subscribers nationwide. The MLS serves 14 Realtor® associations and 26 counties in…
The real estate industry is consolidating around national MLS platforms like MRED and Realtracs. On the surface, it’s a straightforward story; bigger platforms offer better technology, lower costs and easier operations for brokers who work across multiple states. But when you talk to the brokers actually managing this transition, a different picture emerges. The shift…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. New York Attorney General investigating Compass over antitrust concerns The antitrust division of New York Attorney General Letitia James’s office is reportedly looking into Compass’s dominance in the New York residential market, and…
In a bold move that underscores deepening tensions between MLSs and major real estate portals, Realtracs—in an email sent to its members Wednesday morning—has announced that it intends to cut off Zillow’s access to its MLS data feed effective June 1. The decision comes after Zillow allegedly refused to comply with the new IDX display…
The “high-stakes” Chicago-based legal battle between Zillow, Midwest Real Estate Data (MRED) and Compass continued to evolve today as parties argued expectations about discovery and the path ahead for the case. Following a hearing last Friday where Judge John Tharp stepped between the parties in regard to the cut off of listing feeds from MRED…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow regains Chicagoland’s listing feed after court order On Friday, May 22, Judge John Tharp ordered MRED to continue feeding Zillow listings after Zillow filed a temporary restraining order against the MLS the…
Zillow is asking a federal judge for emergency relief after Chicago’s dominant MLS, Midwest Real Estate Data (MRED), cut off access to more than 30,000 residential listings, a move the online real estate platform characterizes as an illegal retaliation orchestrated with competitor Compass. In a motion May 21 in the U.S. District Court for the…
The majority of listings in the Chicago area disappeared from Zillow this morning, around eight hours after a midnight deadline set by local MLS Midwest Real Estate Data (MRED), marking a dramatic escalation in a bitter, high-stakes dispute over restrictions on “private listings” that is playing out nationwide. A sharply-worded announcement from MRED that went…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow sues Compass, MRED; Claims Compass engaging in “illegal conspiracy” On May 12, Zillow filed a federal lawsuit, claiming that, early this month, Chicago-based MLS MRED “demanded that Zillow reinstate Compass private listings…
Above, left to right: Zillow CEO Jeremy Wacksman, MRED CEO Rebecca Jensen and Compass International Holdings CEO Robert Reffkin Midwest Real Estate Data (MRED) has announced that it will suspend property listing data feeds to Zillow Group websites, including Zillow.com and Trulia.com, unless Zillow cures its violation of its license agreements and MRED’s rules by…
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