Latest Updates Around The World
The Armstrong lawsuit, first filed in early November, made similar allegations, alleging that Zillow pressures agents in its Premier Agent and Flex lead programs to send buyers to Zillow Home Loans for pre-approval of their purchase mortgage. Allegedly, agents who sent more customers to Zillow’s mortgage department for their pre-approval received additional or higher quality […]
Although both lawsuits were filed in U.S. District Court in Seattle and involve RESPA claims against Zillow, the details of the two cases have some notable differences. Of the two lawsuits, the first was filed by homebuyer Alucard Taylor in mid-September. The lawsuit alleges that the portal misleads consumers into using agents affiliated with Zillow […]
The latest complaint maintains the same core allegation as the original complaint, which alleged that the portal misleads consumers into using agents affiliated with Zillow through its Flex and Premier Agent programs, resulting in high home purchase prices. The testimony in the amended complaint supports these allegations. According to the amended complaint, Zillow encourages agents […]
The lawsuit alleges that Zillow violated the Real Estate Settlement Procedures Act (RESPA) and the Washington Consumer Protection Act. Additionally, the lawsuit alleges that Zillow assisted real estate agents in breaching their fiduciary duty to consumers. According to the complaint, Zillow pressures agents in its Premier Agent and Flex lead programs to send buyers to […]
Brokers, do you know where the references of your agents come from? McClelland said that his research showed that more than 30% of the buy-side deals came from leads paid by third-party referring companies. “I tell the brokerage companies, if you are going to conduct an investigation into your company, that is one of the […]
