Zillow is facing a federal antitrust lawsuit and consumer fraud claims alleging it harmed housing affordability and monopolized the multifamily rental advertising market.
The Federal Trade Commission and several states sued Zillow for allegedly paying Redfin $100 million to leave the multifamily rental market and stop competing for up to nine years.
A class action accuses Zillow of misleading buyers by directing them to company-affiliated agents through certain website buttons such as 'Contact Agent' or 'Request a Tour'.
Two Virginia Congresspersons urged the FTC to investigate whether current consumer protection laws properly cover online real estate platforms.