Compass Inc., the largest U.S. residential real estate brokerage by sales volume, filed an antitrust lawsuit against Zillow Group Inc., the nation's leading online real estate portal, in the U.S. District Court for the Southern District of New York. The lawsuit alleges that Zillow's policy to ban private home listings that are not publicly marketed on multiple listing services (MLS) within one business day constitutes anticompetitive behavior and violates federal antitrust laws.

According to Compass, Zillow's so-called "Zillow ban" restricts competition by preventing property listings that do not appear on Zillow within 24 hours from being shown on the platform, effectively protecting Zillow's market dominance and revenues. Nearly half of Compass's listings earlier this year originated as privately marketed listings, highlighting the impact of Zillow's policy. Zillow, which operates as both a real estate portal and a brokerage in all 50 states, counters that its policy supports transparency and open access to listings for buyers and sellers. The ban took effect on June 30, 2025, despite Compass's request for a temporary injunction to halt enforcement. This legal dispute is part of a broader industry conflict over private or "pocket" listings and MLS policies, with other notable cases including renewed antitrust lawsuits against the National Association of Realtors (NAR) and challenges to MLS listing rules. Zillow CEO Jeremy Wacksman has publicly defended the company's stance, emphasizing the importance of maintaining open real estate listing access. The case marks a significant escalation in the ongoing battle for control over home search platforms and listing practices in the U.S. real estate market.

Compass Inc., the largest U.S. residential real estate brokerage by sales volume, has filed an antitrust lawsuit against Zillow Group Inc., the nation's leading online real estate portal, in the U.S. District Court for the Southern District of New York. Compass alleges that Zillow's policy to ban private home listings that do not appear on Zillow within 24 hours constitutes anticompetitive behavior aimed at protecting Zillow's market dominance and revenues.

This policy, often referred to as the "Zillow ban," requires any publicly marketed listings to be submitted to multiple listing services (MLS) within one business day, or they face removal from Zillow's platform. Compass claims this practice unlawfully restricts competition by preventing privately marketed listings from being shared outside Zillow, effectively consolidating Zillow's control over home listings. The lawsuit is part of a broader conflict involving Compass, Zillow, and other real estate entities, including the National Association of Realtors (NAR) and the Northwest Multiple Listing Service (NWMLS). Compass has also challenged NAR's Clear Cooperation Policy and the legality of NWMLS listing rules, escalating tensions in the residential real estate market. Zillow, which operates both as a real estate portal and a brokerage in all 50 states, has defended its policy, stating that Compass has not demonstrated irreparable harm from the ban. The ban took effect on June 30, 2025, despite Compass's request for a court injunction to halt its enforcement. The dispute highlights ongoing debates over transparency, competition, and market control in the U.S. real estate industry.

Paris Hilton and her husband have purchased a Beverly Hills mansion for $63 million, formerly owned by actor Mark Wahlberg. This acquisition follows the loss of their Malibu home in the recent Los Angeles wildfires. The estate, located at 71 Beverly Park, is a large and luxurious property featuring extensive amenities, including 20 bathrooms, a golf course, and a gym. The transaction was facilitated by Compass real estate agents. The purchase price has been reported as $63 million to $63.1 million across various sources. This move marks a significant real estate investment by Hilton and her husband as they replace their previous residence destroyed in the wildfires.

Paris Hilton and her husband have purchased a Beverly Hills mansion formerly owned by actor Mark Wahlberg for $63 million. The acquisition follows the loss of their Malibu home in the recent Los Angeles wildfires. The property, located at 71 Beverly Park, is a solar-powered mega-mansion that underwent a five-year renovation and was originally built in the 1990s. The purchase was confirmed by multiple sources, including the Wall Street Journal and TMZ, highlighting the couple's swift move to secure a new residence after the wildfire destruction. The estate is noted for its glamorous design and modern amenities, reflecting a significant upgrade for Hilton and her husband.

The state of New Jersey has filed a lawsuit against RealPage, a property management software company, and ten of the state's largest landlords, alleging they conspired to inflate residential rents. The lawsuit accuses the parties of violating federal and state antitrust laws as well as New Jersey consumer fraud laws. Attorney General Matthew Platkin described RealPage and the landlords as operating a 'cartel' to manipulate rent prices. This suit aligns with federal claims involving RealPage and major landlords such as AvalonBay and Greystar, which also allege rent inflation through pricing software.

Meanwhile, Compass, a real estate brokerage firm, has initiated its own legal action against a Seattle-based listing service, the Northwest Multiple Listing Service (NWMLS), accusing it of monopolistic and anticompetitive practices that hinder competition by prohibiting pre-marketing. This lawsuit contends that NWMLS policies prevent meaningful competition in the online home-selling market. Additionally, the Class Action Real Estate lawsuit in Boston is progressing, with the Department of Justice seeking to reduce transaction costs and apply downward pressure on home sales prices.

In a recent development regarding real estate practices, the National Association of Realtors (NAR) has largely rejected a proposal from Compass, led by CEO Robert Reffkin, to eliminate a policy that mandates agents to list properties on Multiple Listing Services (MLS). This decision has been interpreted as a victory for homebuyers and sellers, according to consumer advocates. However, the situation may escalate into a broader legal conflict, as a new website has emerged seeking plaintiffs for a potential class-action lawsuit against the Washington MLS. This site targets homeowners who have experienced price drops or lengthy sales periods. Additionally, brokers are now allowed to display exclusive listings on their websites, indicating a shift in policy. The ongoing discussions also highlight concerns over broker commissions and practices, with allegations of unethical behaviors such as co-broker bribes being raised in the context of the Department of Justice's scrutiny of NAR.

Compass is reportedly in advanced talks to acquire HomeServices of America, the real estate brokerage business owned by Warren Buffett's Berkshire Hathaway. This potential acquisition is part of a broader trend of consolidation in the residential brokerage sector, which has been experiencing slow home sales. The Wall Street Journal first reported on the negotiations, noting that a sale would mark a significant shift in the competitive landscape of real estate. However, Gino Blefari, CEO of Berkshire Hathaway HomeServices, has denied the reports, stating that no such sale is being contemplated and calling the rumors misinformation. The situation remains fluid as both companies have not provided further comments since Blefari's statement.

Compass Inc., the largest U.S. residential real estate brokerage by sales volume, filed an antitrust lawsuit against Zillow Group Inc., the nation's leading online real estate portal, in the U.S. District Court for the Southern District of New York. The lawsuit alleges that Zillow's policy to ban private home listings that are not publicly marketed on multiple listing services (MLS) within one business day constitutes anticompetitive behavior and violates federal antitrust laws.

According to Compass, Zillow's so-called "Zillow ban" restricts competition by preventing property listings that do not appear on Zillow within 24 hours from being shown on the platform, effectively protecting Zillow's market dominance and revenues. Nearly half of Compass's listings earlier this year originated as privately marketed listings, highlighting the impact of Zillow's policy. Zillow, which operates as both a real estate portal and a brokerage in all 50 states, counters that its policy supports transparency and open access to listings for buyers and sellers. The ban took effect on June 30, 2025, despite Compass's request for a temporary injunction to halt enforcement. This legal dispute is part of a broader industry conflict over private or "pocket" listings and MLS policies, with other notable cases including renewed antitrust lawsuits against the National Association of Realtors (NAR) and challenges to MLS listing rules. Zillow CEO Jeremy Wacksman has publicly defended the company's stance, emphasizing the importance of maintaining open real estate listing access. The case marks a significant escalation in the ongoing battle for control over home search platforms and listing practices in the U.S. real estate market.

Compass Inc., the largest U.S. residential real estate brokerage by sales volume, has filed an antitrust lawsuit against Zillow Group Inc., the nation's leading online real estate portal, in the U.S. District Court for the Southern District of New York. Compass alleges that Zillow's policy to ban private home listings that do not appear on Zillow within 24 hours constitutes anticompetitive behavior aimed at protecting Zillow's market dominance and revenues.

This policy, often referred to as the "Zillow ban," requires any publicly marketed listings to be submitted to multiple listing services (MLS) within one business day, or they face removal from Zillow's platform. Compass claims this practice unlawfully restricts competition by preventing privately marketed listings from being shared outside Zillow, effectively consolidating Zillow's control over home listings. The lawsuit is part of a broader conflict involving Compass, Zillow, and other real estate entities, including the National Association of Realtors (NAR) and the Northwest Multiple Listing Service (NWMLS). Compass has also challenged NAR's Clear Cooperation Policy and the legality of NWMLS listing rules, escalating tensions in the residential real estate market. Zillow, which operates both as a real estate portal and a brokerage in all 50 states, has defended its policy, stating that Compass has not demonstrated irreparable harm from the ban. The ban took effect on June 30, 2025, despite Compass's request for a court injunction to halt its enforcement. The dispute highlights ongoing debates over transparency, competition, and market control in the U.S. real estate industry.

Paris Hilton and her husband have purchased a Beverly Hills mansion for $63 million, formerly owned by actor Mark Wahlberg. This acquisition follows the loss of their Malibu home in the recent Los Angeles wildfires. The estate, located at 71 Beverly Park, is a large and luxurious property featuring extensive amenities, including 20 bathrooms, a golf course, and a gym. The transaction was facilitated by Compass real estate agents. The purchase price has been reported as $63 million to $63.1 million across various sources. This move marks a significant real estate investment by Hilton and her husband as they replace their previous residence destroyed in the wildfires.

Paris Hilton and her husband have purchased a Beverly Hills mansion formerly owned by actor Mark Wahlberg for $63 million. The acquisition follows the loss of their Malibu home in the recent Los Angeles wildfires. The property, located at 71 Beverly Park, is a solar-powered mega-mansion that underwent a five-year renovation and was originally built in the 1990s. The purchase was confirmed by multiple sources, including the Wall Street Journal and TMZ, highlighting the couple's swift move to secure a new residence after the wildfire destruction. The estate is noted for its glamorous design and modern amenities, reflecting a significant upgrade for Hilton and her husband.

The state of New Jersey has filed a lawsuit against RealPage, a property management software company, and ten of the state's largest landlords, alleging they conspired to inflate residential rents. The lawsuit accuses the parties of violating federal and state antitrust laws as well as New Jersey consumer fraud laws. Attorney General Matthew Platkin described RealPage and the landlords as operating a 'cartel' to manipulate rent prices. This suit aligns with federal claims involving RealPage and major landlords such as AvalonBay and Greystar, which also allege rent inflation through pricing software.

Meanwhile, Compass, a real estate brokerage firm, has initiated its own legal action against a Seattle-based listing service, the Northwest Multiple Listing Service (NWMLS), accusing it of monopolistic and anticompetitive practices that hinder competition by prohibiting pre-marketing. This lawsuit contends that NWMLS policies prevent meaningful competition in the online home-selling market. Additionally, the Class Action Real Estate lawsuit in Boston is progressing, with the Department of Justice seeking to reduce transaction costs and apply downward pressure on home sales prices.

In a recent development regarding real estate practices, the National Association of Realtors (NAR) has largely rejected a proposal from Compass, led by CEO Robert Reffkin, to eliminate a policy that mandates agents to list properties on Multiple Listing Services (MLS). This decision has been interpreted as a victory for homebuyers and sellers, according to consumer advocates. However, the situation may escalate into a broader legal conflict, as a new website has emerged seeking plaintiffs for a potential class-action lawsuit against the Washington MLS. This site targets homeowners who have experienced price drops or lengthy sales periods. Additionally, brokers are now allowed to display exclusive listings on their websites, indicating a shift in policy. The ongoing discussions also highlight concerns over broker commissions and practices, with allegations of unethical behaviors such as co-broker bribes being raised in the context of the Department of Justice's scrutiny of NAR.

Compass is reportedly in advanced talks to acquire HomeServices of America, the real estate brokerage business owned by Warren Buffett's Berkshire Hathaway. This potential acquisition is part of a broader trend of consolidation in the residential brokerage sector, which has been experiencing slow home sales. The Wall Street Journal first reported on the negotiations, noting that a sale would mark a significant shift in the competitive landscape of real estate. However, Gino Blefari, CEO of Berkshire Hathaway HomeServices, has denied the reports, stating that no such sale is being contemplated and calling the rumors misinformation. The situation remains fluid as both companies have not provided further comments since Blefari's statement.