"Our goal has always been to give homeowners more choice to decide when, where and how to market their homes. We are pleased to see that other brokerages are now recognizing the strong consumer demand for more options in how they sell their homes. Homeowners deserve more choices, not fewer choices."
"Compass's lawsuit focused on Zillow's listing access standards policy, which went into effect in late June. Compass filed its motion for preliminary injunction seeking to prevent Zillow from enforcing the policy just days before the policy was set to take effect."
Compass withdrew its lawsuit against Zillow following clarification that Zillow would permit listings previously marketed on Compass or Redfin platforms before appearing on Zillow. The original lawsuit, filed in mid-June, challenged Zillow's listing access standards policy implemented in late June. Compass sought a preliminary injunction to prevent enforcement but faced denial in February when Judge Jeannette Vargas determined insufficient likelihood of success on the merits. Zillow introduced Zillow Preview, a pre-marketing product for coming soon listings from agents at Keller Williams, Side, United Real Estate, HomeServices of America, and REMAX. Compass characterized the resolution as a victory for homesellers and real estate professionals, emphasizing consumer choice in home marketing options.
#real-estate-litigation #zillow-policy #listing-access-standards #compass-lawsuit-dismissal #real-estate-marketing
Read at www.housingwire.com
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