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Rex has actually also raised antitrust concerns about Zillow's changes with the Justice Department and 35 state chief law officers, Toth stated. An earlier problem by Rex led DOJ last year to sue and settle with NAR over some of its rules related to the display of listings Zillow's side: Viet Shelton, a Zillow spokesperson, stated the business made the change in January after it became a participant in the Several Listing Services Web Data Exchange feeds, which are run by NAR.

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"Zillow is dedicated to giving customers the most updated housing info on the most amount of listings possible on a single platform," Shelton stated. "We made modifications to the method some listings appear on the site in order to be certified with MLS rules." The Most Complete Run-Down said Zillow has also been working to upgrade the market rules, and supports changing them so the business can display all types of listings.

"This is an example of a brokerage attempting to take advantages of the MLS system without adding to it," Williams stated. He stated MLS systems promote competition by increasing access to listings.

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Much better data: Zillow altered how it displays listings in January after getting to the Numerous Listing Services Internet Data Exchange feeds, whose guidelines are developed by the NAR. Those guidelines restrict sites that use the information feeds from integrating NAR listings with those provided by non-NAR representatives. Zillow stated it believes the rules limiting commingling are dated, but had no option but to accept licenses to get access to the IDX information, which is more reputable and updated that the previous information sources the company utilized.

Losing access to those feeds would get rid of 10s of countless listings now on Zillow and Trulia's platforms, the business said. Why it matters: The pandemic has resulted in a spike in homebuyer interest as white-collar employees transitioned to working from house and an all-time high variety of adults returned in with moms and dads or grandparents.

The suit: REX sued Zillow in federal court last month over a modification it alleges prefers listings by brokers who come from the NAR, the biggest U.S. realty trade association. The January modification that Zillow and its subsidiary Trulia made to their platforms relegates all non-NAR listings to a "surprise tab," REX said, making it harder for consumers to find those homes for sale.