Democratic firebrand Elizabeth Warren is joining a handful of other lawmakers in calling out Compass and MRED for their private-listing centered partnership, penning a letter with accusations that their practices could “perpetuate” discrimination and make housing harder to access. First reported by Realtor.com®, the letter is the second time in about two weeks that federal…
RESO Chair Rebecca Jensen plans to leave position Rebecca Jensen, CEO of Midwest Real Estate Data (MRED), plans to leave the Real Estate Standards Organization (RESO) chair position at the end of the year. Jensen, who has served as chair twice, recently testified in the Zillow/MRED/Compass lawsuit. “She will remain Board Chair until the end…
RESO Chair Rebecca Jensen plans to leave position Rebecca Jensen, CEO of Midwest Real Estate Data (MRED), plans to leave the Real Estate Standards Organization (RESO) chair position at the end of the year. Jensen, who has served as chair twice, recently testified in the Zillow/MRED/Compass lawsuit. “She will remain Board Chair until the end…
CHICAGO—The CEOs of Compass and Midwest Real Estate Data (MRED) each testified Thursday, July 2 that Zillow executives threatened them directly over their companies’ resistance to its listing access standards, with MRED CEO Rebecca Jensen recounting a Zillow executive’s warning that she could expect her “phone to be dumped” and all of her “text messages…
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…
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,…