A federal antitrust lawsuit challenging the National Association of Realtors®’ (NAR) mandatory membership structure is heading to appeals court after a Michigan district court judge threw it out earlier this year. Plaintiffs Douglas Hardy, Glenn Champion and Dylan Tent—Michigan-based brokers and agents—filed their opening brief June 19 with the U.S. Court of Appeals for the…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Judge denies CoStar’s amicus brief in Zillow MRED Compass case On June 10, CoStar requested to file an amicus brief—a brief filed by a non-party, or a “friend of the court”—in the U.S.…
Northwest MLS (NWMLS) on Thursday, defended its countersuit against Compass in the Western District of Washington, urging Judge Jamal N. Whitehead to allow the MLS’s fraud, Consumer Protection Act and tortious interference claims to proceed against the mega-brokerage in a high-profile battle over MLS policies that is likely to reverberate across the industry. Responding to…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. FTC lawsuit cost Zillow shareholders millions, new suit alleges A Zillow shareholder filed a securities class action in the Western District of Washington on June 9, alleging the company and its top executives…
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…
Antitrust has been a loaded topic in real estate since at least the commission lawsuits of the 2020s that alleged many foundational rules and practices in real estate violated antitrust laws, and the Department of Justice (DOJ) launching its own parallel inquiry. Now, federal agencies are looking to review and revise existing antitrust guidelines, the…
A federal judge in Chicago has granted preliminary approval to settlement agreements with more than 20 real estate companies in a major antitrust lawsuit filed by recent homebuyers challenging commission practices in the residential real estate market. On May 26, U.S. District Judge Lindsay C. Jenkins approved opt-in agreements in the case Tuccori v. At…
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…
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…
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