On monday, the real estate brokerage sued home-search website zillow , accusing it of engaging in an. Homebuyers are stuck in the middle. Does compass have a real estate dispute with zillow?
Understanding the Context
Zillow and mega-brokerage compass are battling it out over where real estate agents can list homes for sale. · competing real estate firm compass filed a lawsuit against zillow challenging its listing standards, which require sellers to list homes on zillow within one business day of them appearing on. · zillow , the largest web-based real estate marketplace in the united states, removed critical property-level data at the behest of angry realtors, cnn reported. · compass is suing zillow over its listing access standards, alleging antitrust violations.
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Key Insights
Does zillows new listing policy harm consumers? Did zillows threat to ban listings violate antitrust laws? The lawsuit claims zillow s policy stifles competition and harms transparency, impacting agents and. Does zillow have a lawsuit against the us real estate market? · americas most popular real estate website, zillow , has been hit by a new lawsuit this week as rival platform costar group claims it has illegally used tens of thousands of its watermarked images.
Important Details
· compass has officially brought a long-simmering real estate dispute into the courtroom.
