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.

Cryptocurrency, Cyber Fraud Focus of Trump Task Force

On an executive order by President Trump, four agencies established the Task Force on Market Integrity and Consumer Fraud last week, charged with guiding “the investigation and prosecution of cases involving fraud on the government, the financial markets and consumers, including cyber fraud and other fraud targeting the elderly, service members and veterans, and other […]

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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.

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.

Competition and the Consumer: Industry Presents Sides at Workshop

DOJ/FTC Exchange Explores Compensation, Data, the MLS and More Technology, commission rates, real estate portals and overall brokerage competition—these were just a few of the themes discussed this week at a joint public workshop held by the Federal Trade Commission (FTC) and the Department of Justice (DOJ) in Washington, D.C. At the heart of the […]

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Why a workshop in D.C. is so important to America’s real estate industry

Government regulators from the the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) are hosting a public workshop with some industry bigwigs that will examine competition and potential antitrust violations within the real estate …

New Report Demonstrates Robust Competition in Real Estate Brokerage Market

Later this year, a 10-year-old settlement and consent decree between the National Association of REALTORS® (NAR) and the U.S. Department of Justice (DOJ) mandating how listings are displayed by online brokerages will expire. Prior to that, on June 5, 2018, NAR will have the opportunity to demonstrate the breadth and depth of competition in the […]

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