Zillow Lawsuit
Let’s clear something up: Compass isn’t suing Zillow for banning private listings. That’s a common misconception about the high-profile antitrust lawsuit Compass filed this spring. In fact, some private listings — sometimes called “office exclusives” — are still allowed under Zillow’s policy. What the lawsuit is really about is Zillow’s Listing Access Standards, and the…
Are Zestimates an invasion of privacy? Back in May, Zillow was sued by several flippers in Chicago who were annoyed that Zestimates were undervaluing their flips (likely because the system hadn’t caught up) and bringing in bottom feeders using Zestimates as holy writ on appraised value and therefore purchase price. In my May coverage, I…
