Overview

• Compass filed a complaint in Manhattan federal court alleging that Zillow’s policy requiring homes to appear on its site within 24 hours of public marketing violates federal antitrust laws.
• The rule, set to be enforced on June 30, jeopardizes Compass’s Private Exclusives and Coming Soon strategies by excluding listings that postpone publication.
• Zillow defends its requirement as an extension of the National Association of Realtors’ Clear Cooperation policy to ensure all publicly marketed listings remain visible to buyers.
• Compass is seeking an injunction to block Zillow’s rule and monetary damages, including triple damages for alleged willful misconduct.
• Competitors Redfin and eXp Realty have already agreed to adopt Zillow’s listing requirement, deepening the battle over who controls online home listings.