FTC sues Zillow and Redfin over rentals deal

This story originally appeared on Real Estate News. The Federal Trade Commission is suing real estate giants Zillow and ...

Five states sue Zillow and Redfin for alleged illegal rental advertising scheme

The lawsuit comes just a day after a similar one was filed against the real estate companies by the Federal Trade Commission.
Business Wire

Redfin Launches Rental Search

SEATTLE & ATLANTA--(BUSINESS WIRE)--(NASDAQ: RDFN) — Redfin (www.redfin.com) today launched nationwide rental search, letting consumers search for both rental and for-sale home listings on Redfin for ...
The Associated Press on MSN

FTC sues Zillow and Redfin over deal it accuses of supressing competition in rental ads

The U.S. Federal Trade Commission is suing Zillow and Redfin, accusing them of an illegal deal to suppress competition in online rental advertising. The FTC filed the lawsuit on Tuesday, alleging ...
Yahoo

FTC sues Zillow, Redfin over illegal rental advertising deal

The Federal Trade Commission has filed a lawsuit against real estate giants Zillow and Redfin, claiming the companies illegally conspired to eliminate competition from the rental listings market. The ...
HousingWire

Redfin to lay off 450 employees in its rental division

Redfin has announced yet another round of layoffs. According to a document filed with the Securities and Exchange Commission Tuesday evening, Redfin will be cutting 450 employees from its rental ...
HousingWire

Redfin makes its big rental play with RentPath acquisition

It looks like RentPath will be sold after all. After a deal to be acquired by CoStar Group fell through due to antitrust objections from the federal government, real estate brokerage and listings ...

States sue Zillow, Redfin over multifamily listing syndication

New York, Arizona, Connecticut, Washington and Virginia — filed an antitrust lawsuit against Zillow and Redfin, accusing them of colluding to divide the rental listing market. This lawsuit follows a ...

Zillow, Redfin sued by New York, 4 other states over rental listings after feds alleged $100M payoff

Zillow Group and Redfin were sued on Wednesday by five states for allegedly conspiring to thwart competition in online rental listings, including when Zillow paid Redfin $100 million to stop running ...
Benzinga.com

Goldman Sachs Turns Bearish On Redfin: 'Affordability Could Weigh On A Housing Recovery'

“Housing affordability is the worst-on-record,” according to the National Association of Realtors (NAR). Goldman Sachs metrics based on the ratio of monthly mortgage payments to U.S. median household ...

FTC Sues Over Zillow, Redfin Rentals Deal. Competition Is the Big Issue.

The FTC said in its complaint that the two companies’ syndication agreement, through which Zillow advertises its home listings on Redfin, “is nothing more than an end run around competition that ...