BREAKING: Six MLSs Sue Compass, Seeking to Block Lawsuits and Affirm Rules
4 Articles
4 Articles
Six MLSs Sue Compass In Listing Fight With Stakes For Purchase Lenders
Six multiple listing services have sued Compass over its demands that they stop penalizing agents who publicly market homes without sharing the listings through the MLS, escalating a dispute over who gets access to for-sale inventory and when.The lawsuit, filed Oct. 21 in the U.S. District Court for the Southern District of New York, seeks a declaration that the organizations’ cooperation rules comply with federal and state antitrust laws. The p…
BREAKING: Six MLSs Sue Compass, Seeking to Block Lawsuits and Affirm Rules
Six MLSs are joining together in a federal lawsuit against Compass, escalating and consolidating opposition to the mega-brokerage as a long-simmering confrontation between incumbent listing service platforms and the arch-disruptor mega-brokerage appears destined for a prolonged court battle. Filed in the federal Southern District of New York yesterday by Arizona Regional Multiple Listing Service, REColorado,…
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