How the Senate’s “One Big Beautiful Bill” Could Put Thousands Back in Your Pocket—and Boost Affordable Housing Across America

Big Beautiful Bill passed by Senate

Here’s an update on the One Big Beautiful Bill, fresh from its tight Senate win and heading to the House.

Bottom line up front: The Senate kept almost all the real-estate perks from the original plan and added a few new benefits. If the House signs off, homeowners, landlords, sellers, investors and real estate agents will see more money in their pockets, clearer tax rules, and stronger support for affordable housing.

Read More

Open Access or Walled Gardens? What’s Really at Stake in the Compass-Zillow Lawsuit

EXP Weights in on Compass vs Zillow Suit over Private Listings

The Compass-Zillow Lawsuit Isn’t Just Legal Drama—It’s a Battle Over Real Estate’s Innovation DNA

Glenn Sanford, CEO of eXp, just weighed in on the Compass-Zillow lawsuit—and whether you agree with him or not, his post hits a critical nerve about where this industry could be headed.

Read More

Why the Compass vs. Zillow Lawsuit May Reshape Real Estate’s Digital Future

Compass vs Zillow Chess match

The Compass antitrust lawsuit against Zillow is heating up, and Greg Hague’s latest analysis puts an even sharper point on what’s at stake. I covered the legal filing last week, but Hague’s breakdown highlights just how transformative this case could be for the real estate industry. He’s right: this isn’t just about listing policies or portal preferences. It’s a fight over who controls the digital front door to homebuying—and whether innovation in marketing strategies gets crushed under the weight of a near-monopoly.

What Zillow calls a policy change for transparency, Hague frames as textbook exclusionary conduct. And it’s hard to argue with that lens when you consider the timing: Compass gains traction with its Private Exclusives and extended pre-MLS marketing, NAR adjusts the Clear Cooperation Policy to allow more flexibility, and suddenly Zillow drops a 24-hour rule that effectively bans listings that don’t play by its rules. It’s not about fairness to buyers; it’s about eliminating options that threaten Zillow’s lead-gen machine. The permanent nature of the ban, coupled with Zillow’s platform dominance, underscores the concern.

Read More

Compass Sues Zillow Over New Listing Ban That Targets Private Marketing

Compass vs Zillow Lawsuit over private listings

Compass filed a federal antitrust lawsuit yesterday accusing Zillow of trying to crush competition in the home search space. The core of the lawsuit challenges what Compass calls the “Zillow Ban,” a new policy set to begin enforcement June 30th, which blocks any listing from appearing on Zillow if it was marketed elsewhere—even on a brokerage’s private platform—for more than one day.

Compass claims this rule unfairly targets its 3-Phased Marketing Strategy, which allows sellers to start privately marketing a listing before it hits the MLS and public portals. According to the complaint, 94% of listings that used the strategy in 2024 ultimately went to the MLS and sites like Zillow, but the new policy would strip those sellers of that exposure unless they bypass pre-marketing altogether—or fire their agent and relist with someone else. The suit alleges this is a classic monopolistic move to limit seller choice, eliminate competing innovation, and control inventory. Compass also accuses Zillow of conspiring with Redfin and eXp to enforce the policy across multiple platforms, describing it as a coordinated boycott.

Read More

DOJ Seeks Early Termination of Multiple Redlining Settlements

DOJ ends redlining agreements early

In recent weeks, the U.S. Department of Justice has moved to terminate or seek early termination of several redlining-related consent orders with banks, citing substantial compliance with the terms of the original settlements. These actions mark a shift in approach and have sparked conversation across the financial and regulatory landscape.

Key updates include:

Read More

State Regulators Are Watching: Private Listings May Carry Big Risk for Agents

Private listing networks and state real estate license regulators - ARELLO

While the industry debates Clear Cooperation, buyer comp rules, and MLS policy shifts, state real estate regulators — the ones with enforcement power — are quietly stepping in.

In a recent post on her blog, former California DRE investigator and real estate compliance consultant Summer Goralik sounded the alarm: Private listings are drawing increased scrutiny, and state agencies are preparing to act.

Read More

Federal Lawsuit Targets REALTOR® Associations for Alleged Antitrust Violations on Dues

John Diza lawsuit versus National Association of Realtors over dues for non-members

Another day, another lawsuit taking aim at the National Association of REALTORS® (NAR) and its long-standing policies. But this one doesn’t center on buyer broker compensation like the Sitzer-Burnett or Moehrl cases. Instead, it targets a different piece of NAR’s structure—the so-called “three-way agreement” and its Variable Dues Formula (VDF), which, according to a new federal complaint, forces brokers to either pay dues for agents who don’t want to be members or disassociate with them altogether.

Filed June 9 in the Central District of California by broker John Diaz, the complaint alleges that NAR, the California Association of REALTORS® (CAR), and two local associations (Lodi and Central Valley) have violated federal antitrust law through a coordinated effort that restricts competition and punishes brokerages that don’t fall in line.

Read More

Free Speech Concerns Addressed as NAR Finalizes SOP 10-5 Revisions

NAR Changes 10-5 to allow freedom of speech

Just days after I wrote about the controversy surrounding NAR’s Standard of Practice 10-5 (SOP 10-5), the National Association of REALTORS® Board of Directors has officially ratified changes to the standard. As expected, the updates focus on clarifying the definition of “harassment” and narrowing its scope to only apply when REALTORS® are acting in a professional capacity.

This morning’s move at the REALTORS® Legislative Meetings in Chicago formalizes the proposed revisions that had been in the works since 2023. According to NAR President Kevin Sears, the aim is to better align Article 10 of the Code of Ethics with similar standards used by other large trade associations, while also easing enforcement for state and local associations.

Read More

Redfin Shareholders Say Yes to Rocket Deal—Industry Shakeup Ahead?

Rocket Mortgage - Redfin Acquisition Approved by Shareholders

If the preliminary vote tallies hold, Redfin shareholders just gave Rocket Companies the green light to buy them out for $1.75 billion. That vote took place yesterday, June 4, during a special meeting that followed some last-minute legal fireworks and a bit of political heat. Assuming everything stays on track, the deal will close before the end of June.

For those who haven’t been tracking it closely, this merger means Rocket, best known for Rocket Mortgage, is about to add a national real estate brokerage, tech platform, and salaried-agent workforce to its portfolio. It also means Redfin, which hasn’t had a profitable year in nearly two decades, gets absorbed into a company with the budget and appetite to scale their model nationwide.

Read More