Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass accuses NWMLS of dragging its feet in lawsuit discovery On Christmas Eve, Compass’s attorneys were not feeling the giving spirit from lawyers representing NWMLS as the two parties wrangle over discovery in…
Northwest Multiple Listing Service (NWMLS) has indicated its intent to assert counterclaims against Compass, according to a stipulated motion filed today in the U.S. District Court for the Western District of Washington. The development comes as both parties jointly requested an extension to the case schedule, pushing the jury trial date from June 8, 2026…
Yesterday, federal Judge Jeannette Vargas of the Southern District of New York ruled on a petition by Zillow regarding the deal for Anywhere, allowing the portal giant to examine documents and communications in an attempt to determine if Compass misrepresented its reliance on private listings. Vargas denied a request by Zillow to question Compass CEO…
After filing a lawsuit against Zillow alleging widespread copyright infringement back in July, CoStar is now claiming that the listing giant has continued to display thousands of copyrighted photographs, despite attestations from the company that it was taking the images down. The lawsuit, filed on July 30, alleged that Zillow infringed on at least 47,000…
The August edition of RISMedia’s Broker Confidence Index (BCI) came in at 5.6, up slightly from a 5.3 reading last month as real estate business leaders parse out rates, affordability and consumer behavior. The overwhelming concern among brokers centered on interest rates, with multiple respondents citing rates above 6% as the primary factor affecting their…
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