
A series of legal actions have spotlighted alleged rent-fixing practices involving corporate landlords and a software company, RealPage, in the United States. Lawsuits claim that RealPage facilitated landlords in setting rental prices illegally by using nonpublic pricing data from competing building owners. This has drawn increased legal scrutiny with Arizona Attorney General Mayes highlighting the use of nonpublic versus public information in these practices. Additionally, in a separate but related realm, real estate commission antitrust settlements are facing objections, with major home brokerages and residential homebuilders involved in legal disputes over the alleged conspiracy to keep real estate commissions artificially high. One of the country's largest residential homebuilders has asked a US judge not to approve $208 million in settlements resolving these claims.
Real estate commission antitrust settlements face legal objections https://t.co/cuyhFFcQ8M https://t.co/G87QQAxDz1
One of the country’s largest residential homebuilders has asked a US judge not to approve $208 million in settlements resolving claims that major home brokerages conspired to keep real estate commissions artificially high https://t.co/spa2RR2EoW @MikeScarcella https://t.co/3Ai8P2gTKV
Proposed Realtor-fee settlement isn’t all that it’s been reported to be. Here’s why https://t.co/u24pRc6f4f
