Robert Reffkin

Zillow pushes back against Compass’s claims of conspiracy, monopoly

A little over two weeks after Zillow filed letters responding to Compass’s motions for preliminary injunction and expedited discovery, the listing portal giant is officially firing back with its response to these motions. Zillow filed its response and related declarations from company executives, including Chief Industry Development Officer Errol Samuelson, CEO Jeremy Wacksman and CFO […]

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Mike Simonsen joins Compass as chief economist

Compass is looking to up its game by hiring a chief economist. And the nation’s top brokerage by sales volume announced Monday that it has appointed Mike Simonsen to the role. As the founder of housing market data firm Altos Research, Simonsen is no stranger to housing market trends and analysis. Altos was acquired by

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Compass opens exclusive listings to rivals — with strings attached

In a surprising move, Compass announced Friday it will open its exclusive inventory to any real estate brokerage or multiple listing service (MLS) — marking a shift for a firm long known for promoting private listing networks. The offer comes with strict conditions: listings must remain unaltered, with the original listing agent prominently featured and

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Zillow fires back against Compass’s claims of ‘irreparable harm’

Zillow is not buying Compass’s claims that its listing standards policy has or ever will cause “irreparable harm” to the nation’s top brokerage by sales volume. On Monday, the listing portal giant filed two letters in response to Compass’s motion for a preliminary injunction and its motion for expedited discovery.  The responses come just a

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Does Zillow’s policy really restrict Compass’s business?

While the more attention-grabbing parts of Compass’s complaint in its suit against Zillow included late night calls between Robert Reffkin and “co-conspirator” Redfin CEO Glenn Kelman, and a tense meeting with Zillow executives, the complaint also detailed the business impacts Compass is feeling as a result of Zillow’s policy.  In the complaint, Compass claims that

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The juiciest details in Compass’s lawsuit against Zillow

Given the animosity between Compass and Zillow over the portal giant’s listing standards policy, it came as little surprise when the Robert Reffkin-helmed firm filed a lawsuit against Zillow Monday morning.  While the complaint contains many of the anticipated claims, including that Zillow enacted the policy, which bans listings that are publicly marketed for more

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Robert Reffkin continues his digital crusade against Zillow, Clear Cooperation

Tensions between Compass CEO Robert Reffkin and Zillow are continuing to build in the lead up to Zillow’s new listing standards going into effect later this month. Reffkin followed up last week’s LinkedIn post claiming that Zillow no longer displays all MLS listings to prospective homebuyers, with two more posts. On Friday, Reffkin highlighted Zillow’s

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The feud between Robert Reffkin, Zillow rages on

There are still three more weeks before Zillow’s new listing standards policy goes into effect, but Compass CEO Robert Reffkin is not wasting time pushing back against the policy. In a LinkedIn post on Monday, Reffkin claimed that Zillow no longer displays all MLS listings to prospective homebuyers.  “Contact your agent regardless of their firm

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Compass talks M&A strategy at The Gathering

Private listings and Clear Cooperation (CCP) have been Compass’s headline calling cards over the past several months, but at HousingWire’s The Gathering on Sunday, mergers and acquisitions were the primary focus.  In a conversation with Diego Sanchez, the president of HousingWire, Lacey Conway, the CEO of Latter & Blum and Compass executive vice president of

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Robert Reffkin touts Compass’s AI platform, agent advocacy efforts

Details regarding Compass‘s soon-to-be-released artificial intelligence (AI) platform were shared by CEO Robert Reffkin during a company retreat this week. “We continue to invest over $100 million in technology every year, building more and more tools that can help you stand out and run a better business,” Reffkin told the audience. “And in this amazing

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