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Buying and Selling

CRMLS files federal lawsuit against Compass over office exclusive listing rules

California Regional MLS has filed a federal lawsuit against Compass seeking a judgment that its listing cooperation rules are lawful.

FTMQ Real Estate, written by our newsroom0 views

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Picture: HousingWire Agent

California Regional MLS filed a lawsuit against Compass in the United States District Court for the Southern District of New York, according to HousingWire Agent and RISMedia. HousingWire Agent, RISMedia, Inman Real Estate News, RealEstateNews.com, and PR Newswire all reported that CRMLS took legal action ahead of a deadline set by Compass. [1][2][4][5][6]

HousingWire Agent reported that Compass International Holdings set an October 6 deadline for multiple listing services to stop fining agents who publicly market office exclusive listings. CRMLS filed its lawsuit less than 24 hours before that deadline expired. According to HousingWire Agent, the brokerage is led by Robert Reffkin. [1]

CRMLS is asking the court for a declaratory judgment stating that its listing cooperation rules are lawful, according to HousingWire Agent and PR Newswire. HousingWire Agent reported that the MLS also seeks an injunction to block antitrust claims from Compass. [1][6]

RISMedia reported that the dispute centers on exclusive inventory and listing control across the real estate industry. HousingWire reported that the legal fight between CRMLS and Compass carries broader implications beyond California. [2][3]

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In short

  • CRMLS filed a lawsuit against Compass in the Southern District of New York.
  • The lawsuit asks for a declaratory judgment that CRMLS cooperation rules are lawful.
  • Compass set an October 6 deadline for MLSs to stop fining agents over public marketing of office exclusive listings.
  • CRMLS filed its suit less than 24 hours before the Compass deadline.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]CRMLS went on offense against Compass. Will other MLSs follow?HousingWire Agent, 6h ago (the report this story comes from)
  2. [2]‘Competitive Weapon’: CRMLS Preempts Compass in Federal Lawsuit Over Listing PolicyRISMedia, 12h ago
  3. [3]Why CRMLS’s legal fight with Compass matters far beyond CaliforniaHousingWire, 5h ago
  4. [4]CRMLS moves first in Compass legal fightInman Real Estate News, 13h ago
  5. [5]CRMLS files suit against Compass over listing rulesRealEstateNews.com, 19h ago
  6. [6]CRMLS Seeks Declaratory Judgment, Files Complaint Against Compass, Inc.PR Newswire, 23h ago

Background

  1. [7]Compass on Wikipedia
  2. [8]List of airports in Ontario on Wikipedia
  3. [9]Mixed liquor suspended solids on Wikipedia

Our newsroom writes these reports with the help of software, from the 9 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

Earlier reports of ours on the same people and subjects.

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