NYC renters sue Compass over alleged monopoly, inflated rents
The antitrust lawsuit claims that the brokerage’s outsized market share in the city and its push to remove listings from portals has caused rents to surge.
August 20, 2026
The latest on Compass
- Exclusive: Compass president on Reffkin, balancing ‘big and boutique’Neda Navab, who has known Compass’ CEO for over 20 years, says he “genuinely wants to build a better industry” for agents and their clients.August 10, 2026
- Bolstered by the high-end market, Compass tops $4.3B in revenueCEO Robert Reffkin cited “the wealth effect” as a revenue driver. He also criticized MLSs and portals, and suggested Compass could become the No. 1 search site.August 4, 2026
- Compass data suggests listing on Zillow comes at a costThe brokerage released an analysis of its listings showing that those posted on Zillow sold for 1.3% less than “banned” listings. Some experts disagree.July 31, 2026
More The latest on Compass
- A big leap for ARA as Compass opts inThe alignment brings a strong and sizable partner to the upstart association, which now has the potential to substantially grow its ranks.Updated July 29, 2026
- Compass says phased marketing delivers 4.6% sale price premiumThe company published new data today on more than 70,000 closed Compass listings that indicates pre-marketed homes sell for more and go under contract faster.July 24, 2026
- Judiciary subcommittee summons Compass, MRED CEOs for briefingAs part of an antitrust review, Robert Reffkin and Rebecca Jensen have been called upon to answer questions about their companies’ private listings partnership.July 22, 2026
- Zillow, MRED, Compass make 11th-hour bid in latest legal filingsThe portal, MLS and brokerage are anticipating a ruling on whether Zillow will retain access to MRED’s data feeds. The judge could decide as soon as next week.July 10, 2026
- 2 days in Chicago that could change real estate everywhereAt the Zillow vs. MRED/Compass preliminary injunction hearing, a judge listened to three irreconcilable theories. His ruling could have lasting consequences.Updated July 6, 2026
- Day 1 of Zillow-MRED hearing: Collusion or contradiction?Execs from Zillow, Compass and MRED testified in Chicago on Wednesday in a hearing that could have implications for how listing rules can be enforced.July 2, 2026
- Consumer groups urge DOJ, FTC to review Compass-MLS agreementsThe Consumer Federation of America and other organizations warned that such deals raise “serious consumer protection, competition, and fair housing concerns.”July 1, 2026
- Compass transaction fees under fire in new class-action suitHomebuyers in Florida are alleging that the modification of their purchase contract to include a $475 brokerage fee was both “illegal” and “unreasonable.”June 26, 2026
- Judge orders stay in RESPA case involving Zillow, Real and eXpThe ruling also granted Real’s request to compel arbitration. Plus, CoStar filing rejected in MRED case; Compass settles telemarketing complaint.June 23, 2026
- Judge denies Zillow’s request for MRED-Compass calls, emailsThe court said the portal’s request for the allegedly “conspiratorial communications” was “unduly burdensome," but agreed to extend Zillow's TRO against MRED.June 5, 2026
- Compass reportedly facing antitrust scrutiny in NYThe state Attorney General’s office is gathering information about Compass’ market share in NYC following its acquisition of Anywhere, The Real Deal reported.June 3, 2026
- Compass amplifies reach in deal with nation’s largest MLSThe brokerage has significantly increased its listings exposure in recent weeks through MLS collaborations, with Bright its biggest partner to date.May 13, 2026
- Zillow sues Compass, MRED over ‘collusion’ to hide listingsThe portal alleges it was coerced into abandoning its listing standards in Chicagoland due to a partnership-driven “monopoly” and “group boycott” in the region.May 12, 2026
- The MLS/CLAW partners with Compass, revises its IDX policyThe MLS, which is joining forces with the brokerage giant, will allow agents to pre-market listings to members only — without syndication to third-party sites.May 6, 2026
- Compass stock price jumps on promise of ‘durable profitability’The company gets a vote of confidence from investors after reporting $2.7 billion in Q1 revenue — its first earnings report since the Anywhere deal closed.May 5, 2026
- Reffkin takes ‘flood the zone’ approach in bid to sway industry execsIn a rapid-fire, eyebrow-raising presentation to real estate leaders, the Compass International Holdings CEO made a case for “restoring” the MLS of the past.May 2, 2026
- Compass, United the latest to settle in TuccoriThe deals are pending, with few details disclosed. Plus, Weichert negotiates with Batton plaintiffs; Compass rebuts NWMLS claims; TRD defamation suit dropped.April 28, 2026
- Robert Reffkin says he’s not trying to ‘destroy the MLS’The CIH Chairman and CEO explained why he’s pushing for more choice in how listings are marketed — and questioned the concept of a real estate “industry.”April 24, 2026
- MRED opens access to all agents — with Compass the first to joinThe Chicago MLS, which runs a private listing network, is expanding nationwide to give agents “more choices.” It will receive Compass’ full listing inventory.April 24, 2026
- Compass takes majority stake in Peerage USA HoldingsThe debt-restructuring move gives Compass International Holdings 51% ownership and a potential path to more control of a company tied to Sotheby’s franchises.April 22, 2026
