I was on the Real Estate Insiders Unfiltered podcast recently, and one of the moments that seemed to resonate most was when I walked through how I’d actually use Zillow Preview as a listing agent—the sequencing, the timing, the pitch to a seller. It was a quick example in the middle of a longer conversation,…
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…
Above, Jared Oliver Like most experienced residential real estate professionals, Jared Oliver knows his territory as well as—or better than—everyone. While he was surprised to learn that Zillow recently tabbed his core area, Jacksonville, Florida, as the best market for first-time buyers this spring, he certainly knew why. “It’s easily a third of the buyers…
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…
Michael Sherman leads Zillow Rentals, overseeing the business and product teams responsible for Zillow’s rental marketplace. Since joining Zillow in 2012, Sherman has held leadership roles across several of the company’s businesses, focusing on building products and partnerships that create value for both consumers and industry partners. Under Sherman’s leadership, Zillow Rentals has grown into…
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…
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…
In the wake of the news that MLSs Midwest Real Estate Data (MRED) and Realtracs were partnering with Compass (additionally with United Real Estate for Realtracs) to take their platforms nationwide, the industry has been buzzing. The potential of further nationwide MLSs and the expansion of pre-marketed listings has been one of hottest topics. Now,…
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