The latest on Zillow

A judge has denied the portal’s request for a preliminary injunction, but “the case continues,” Zillow said. “Today’s ruling is not the final word.”

The partnership, announced six months after Preview first debuted, is expected to launch before the end of the year to help “agents win,” the companies said.

A coalition of 14 housing and real estate partners has launched the Let America Build campaign to raise consumer awareness of supply and affordability issues.

Redfin can keep receiving syndicated rental listings from Zillow but will restart its own rental listings business by 2027. And Zillow has agreed to help.

The trial, which is scheduled to begin on Aug. 24, is about whether a Zillow-Redfin rental listings syndication deal is pro-consumer or violates antitrust laws.

Attorneys in each case want about one-third of the $120M settlement fund. Plus, Zillow’s SCOTUS petition countered; NAR can’t compel The Agency to supply docs.

The portal said it “will continue to defend this case with the same confidence we’ve had throughout, regardless of how many times the plaintiffs refile.”

Flexmls had refused to release MLS data on its platform. Plus, a special master in Sitzer/Burnett is accused of bias; FTC, Zillow want witnesses nixed; more.

Former SEC and U.S. Chamber of Commerce officials, among others, are urging the court to grant Zillow’s request for review of an investor lawsuit filed in 2021.

A day after laying off 500 employees, the portal giant reported positive momentum in Q2 — but the company’s stock price still fell in after-hours trading.

The portal said its Listing Access Standards, which were at the heart of its conflict with the Tennessee-based MLS, “remain in full effect” in the region.

In an online statement, CEO Jeremy Wacksman said the staff reductions would help the company maintain a “disciplined cost structure” and improve efficiency.

The brokerage released an analysis of its listings showing that those posted on Zillow sold for 1.3% less than “banned” listings. Some experts disagree.

The Taylor case claimed Zillow incentivized partner agents to steer homebuyers to its mortgage division. The plaintiffs can refile, but must do so by Aug. 17.

The 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.

The court ruled that disputes over key facts remained unresolved and should not be decided ahead of the trial, which is set for August 24.

No search activity is shared without consent, a spokesperson said. Zillow Pro aims “to help agents deepen existing relationships, not prospect strangers.”

At the Zillow vs. MRED/Compass preliminary injunction hearing, a judge listened to three irreconcilable theories. His ruling could have lasting consequences.

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.

The Chicagoland MLS appears to be seeking alternative solutions to a preliminary injunction hearing, which is scheduled to begin this week.