Compass drops lawsuit against Zillow over how some homes are marketed online

Property brokerage Compass on Wednesday dropped its lawsuit against Zillow, ending a legal clash over how home listings can be marketed online.

For the past few years, Compass — now the largest real estate brokerage in the world — has encouraged agents to use “coming soon” listings as part of its three-phase marketing strategy. “Coming soon” or pre-market listings show homes advertised privately or on limited platforms before appearing more widely on home listing sites like Zillow or Redfin.

Critics say “coming soon” or “pre-market” listings can obscure how long a home has truly been on sale and limit who sees it, while brokerages argue

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

7 ways to protect your money from potentially higher inflation and unemployment

The Federal Reserve’s decision Wednesday to leave its key overnight lending rate unchanged for the second time this year was expected. ...

A static electricity mystery comes to the surface

Senior physics writer Emily Conover has a Ph.D. in physics from the University of Chicago. She is a two-time winner of the D.C....

To make a ‘Snowball Earth,’ sci-fi moves fast. Geology is far slower

Here are some ways the world might end in ice, according to science fiction. Earth freezes. Humankind’s remnants huddle in ice caves, fending off...