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The US property market is about to see a turn in the coming months, according to an industrial specialist.
One of the largest residential real estate brokerage companies adopts a real estate giant Zillow over the “consumer choice”.
Monday, the real estate brokerage compass, claiming that Zillow refused to properly gave a 60-page complaint in the Federal Court of Manhattan list Listed in another place at the site.
“The Zillow ban can be guided and protect the dominant search platform of all household lists in this country and protect the monopoly,” Applicants, Addin “, a monopolistic goalkeeper, such as a free and competitive market product and strategies.”
“This claim is going to protect the consumer choice,” said Compass founder and CEO Robert Reffkin Fox said. “No company does not have the power to ban agents or lists because it is not subject to this company’s business model. This is not a competition.
Real estate giants, for buyers, the main shift breaks the ‘market’ home lists
Compass Realty Sign was placed in front of a house for sale in California, California, California, California. (Justin Sullivan / Getty Images)
The compass in Manhattan is looking for a zill in order to force you to change money and money damage.
As home vendors hit the tough new reality as the lists of 69b
A “For Sale” sign, the United States, 2025, 2025, 2025, 2025, 2025 in 2025 in Miami. (Marko Bello / File Image / Reuters)
Zillow, located in Seattle, has about 160 million homes in its database, accepts 227 million unique guests in the month, and Reuters received 2.4 billion trips between January and March. They called Compass’s “unfounded” allegations and reported the Fox work “strongly defend against them.”
Zillow application in a smartphone organized in Germantown, New York, USA, July 25, 2023. (Gabby Jones / Bloomberg / Getty Images)
“When a list is clearly sold, it must be accessible All buyers “On all platforms, including the phrase” Zillow spokesman “, including Zillow,” he said.
Ticker | Safety | Last | Change | Change% |
---|---|---|---|---|
Comp | Compass Inc. | 6.25 | +0.13 |
+ 2.12% |
Z | Zillow Group Inc. | 69.06 | +0.82 |
+ 1.20% |
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“Khiday’s lists create a broken market, restrict consumer choice and create obstacles for buyers, sellers and industry, especially in this inventory and the landlord for the industry.”
Reuters contributed to this report.