Tenant screener RealPage pays $3M for imprecise criminal records tool

After the Federal Trade Commission accused tenant screening company RealPage of falsely linking some prospective renters to criminal records, the company has agreed to shell out $3 million in a penalty settlement.

Zillow bashes Upstream and CAR in public regulator comments

In its own public comments to the DOJ/FTC, Zillow chose to take aim at NAR-backed broker data company Upstream and the largest state Realtor trade group in the country, the California Association of Realtors.

NAR blasts Zillow, tells government it causes ‘consumer confusion’

The real estate trade group condemns the Seattle-based tech giant for the same practices its member agents and brokers engage in.

The government will accept comments on real estate competition until July 31

The agencies have not said whether they plan to use the public comments they receive this time around to produce an updated report on real estate competition or take any other actions, but members of Congress have asked for such an update.

How should real estate make its data more open?

With federal regulators breathing down the real estate industry’s neck, questions regarding who gets access to listing data have taken on new urgency.

Real estate competition ‘never been more fierce,’ MLS RoundTable says

The MLS RoundTable (MLSRT), a think tank whose members include multiple listing services representing about 325,000 agents and brokers nationwide, says that competition in residential real estate “has never been more fierce,” according to a new letter submitted to federal regulators.

The trinity of capital, passion and brains is rocking real estate

As I was sitting in the speaker’s room backstage at the recent Federal Trade Commission (FTC) and Department of Justice (DOJ) hearing on competitiveness in the real estate industry, I could not get a particular question out of my head: Does any of this even matter?

Watch videos from the FTC-DOJ real estate competition workshop

For those who didn’t get to catch every minute of the real estate competition workshop held by the Federal Trade Commission (FTC) and the U.S. Department of Justice (DOJ) last week, the FTC has posted videos from the workshop on its website.

NAR warns members of scammer posing as trade organization

The National Association of Realtors (NAR) is warning its member agents to be on the lookout for a suspicious email phishing scam.

What should real estate expect from DOJ workshop? Zillow discusses

The Federal Trade Commission and the Department of Justice are set to meet next month to examine competition in the real estate industry — and Zillow is already getting ready.