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ZG: Zillow Group Inc - Stock Price, Quote and News - CNBC for Dummies


<h1 style="clear:both" id="content-section-0">The How To Build A Real Estate Marketplace Without Code - Bubble Diaries<br></h1>
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<p class="p__0">Rex has also raised antitrust issues about Zillow's changes with the Justice Department and 35 state chief law officers, Toth stated. An earlier complaint by Rex led DOJ in 2015 to take legal action against and settle with NAR over some of its guidelines connected to the display screen of listings Zillow's side: Viet Shelton, a Zillow representative, stated the company made the change in January after it ended up being an individual in the Numerous Listing Solutions Internet Data Exchange feeds, which are operated by NAR.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://venturebeat.com/wp-content/uploads/2019/12/zillow-explainable-ai.png?w=1200&amp;strip=all" alt="Why Do Pending Home Sales Fall Through? - Zillow"><span style="display:none" itemprop="caption">Highest paying jobs at Zillow</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://stylecaster.com/wp-content/uploads/2018/07/zillow-homes.jpg" alt="An inside look at Zillow's first home purchase: How the real estate media giant will buy and sell houses - GeekWire"><span style="display:none" itemprop="caption">Zillow faces antitrust suit over change to real estate listings - POLITICO</span>
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<p class="p__1">"Zillow is dedicated to providing consumers the most current housing info on the most amount of listings possible on a single platform," Shelton stated. "We made modifications to the way some listings appear on the website in order to be certified with MLS guidelines." Shelton stated Zillow has actually also been working to upgrade the market guidelines, and supports changing them so the business can display all types of listings.</p>
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<p class="p__2">"This is an example of a brokerage attempting to take benefits of the MLS system without adding to it," Williams stated. He said MLS systems promote competition by increasing access to listings.</p>
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<img width="457" src="https://cdn.geekwire.com/wp-content/uploads/2016/05/rascoffhome1.png">
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<h1 style="clear:both" id="content-section-1">About Zillow Talk: The New Rules of Real Estate - Amazon.com<br></h1>
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<p class="p__3">Better information: Zillow altered how it displays listings in January after accessing to the Multiple Listing Services Internet Data Exchange feeds, whose rules are established by the NAR. I Found This Interesting restrict sites that use the data feeds from combining NAR listings with those provided by non-NAR agents. Zillow stated it believes the guidelines restricting commingling are obsoleted, however had no option but to concur to licenses to get access to the IDX data, which is more trusted and up-to-date that the previous data sources the company used.</p>
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<p class="p__4">Losing access to those feeds would eliminate tens of thousands of listings now on Zillow and Trulia's platforms, the company said. Why it matters: The pandemic has led to a spike in property buyer interest as white-collar employees transitioned to working from house and an all-time high number of adults moved back in with parents or grandparents.</p>
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<p class="p__5">The fit: REX took legal action against Zillow in federal court last month over a modification it alleges favors 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 "hidden tab," REX stated, making it more difficult for consumers to find those houses for sale.</p>
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