
Real Estate Industry Sees Major Leadership and Legal Shifts
Key leadership changes are underway at HomeSmart, NAMB, and the MBA, while Zillow and Redfin face a growing antitrust lawsuit now backed by five states.
#Real Estate#Mortgage#Antitrust
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Key leadership changes are underway at HomeSmart, NAMB, and the MBA, while Zillow and Redfin face a growing antitrust lawsuit now backed by five states.
The Federal Trade Commission and five states have filed antitrust lawsuits against Zillow and Redfin, challenging a $100 million partnership for rental listings.
Real estate technology leaders Zillow and Redfin are facing a wave of legal actions, including an FTC antitrust suit, a major copyright case, and a multi-billion dollar class-action lawsuit.
The Federal Trade Commission is suing real estate firms Zillow and Redfin, alleging an illegal $100 million deal was made to reduce competition in the rental market.