3:45 PMHousing Wire
Reffkin takes the stand, MRED CEO says Zillow threatened litigation over listing policy dispute
Summary
Compass CEO Robert Reffkin and the CEO of Midwest Real Estate Data testified that Zillow threatened litigation amid a dispute over listing access standards and policy. Court briefs tied to the case are due July 9 and July 13.
Why it matters
A court-driven outcome could reset listing access rules and shift leverage between portals, MLSs, and brokerages in the housing data market.