
Real Estate Industry Faces Major Shake-Up with Lawsuits, Merger
The real estate industry faces major changes with Compass set to acquire Anywhere, creating a $10 billion brokerage, while new lawsuits target NAR and Zillow.
8 articles tagged
The real estate industry faces major changes with Compass set to acquire Anywhere, creating a $10 billion brokerage, while new lawsuits target NAR and Zillow.
Compass plans to acquire rival Anywhere Real Estate, a move that would create a brokerage with 210,000 agents and could reshape industry rules and competition.
Zillow is facing a class-action lawsuit alleging its agent referral programs mislead consumers and inflate home prices through undisclosed fees and high commissions.
Compass has announced a $1.6 billion acquisition of Anywhere Real Estate, a landmark deal set to create the largest brokerage in the U.S. and challenge Zillow.
The real estate industry is facing a major shake-up, led by a $10 billion merger between IndustryCompass and Anywhere and a new class-action lawsuit against Zillow.
Zillow faces a new class-action lawsuit over its agent referral program, while leaders at Rocket and Redfin signal a potential alliance and Opendoor names a new CFO.
Real estate company Zillow is facing a class-action lawsuit alleging it misleads homebuyers and collects undisclosed fees from agents' commissions.
The proptech industry sees major moves as TechMoxiWorks hires a new CMO, Zillow launches an AI virtual staging tool, and Final Offer expands into Texas.