/PRNewswire/ Crexi, the commercial real estate (CRE) industry s fastest-growing marketplace, data, and technology platform, today announced its mobile app.
Jack Ryan, REX CEO, wants to get rid of Realtors - Austin Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
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March 10, 2021
REX – Real Estate Exchange Inc. has filed suit against the National Association of Realtors (NAR), a trade organization, and Zillow Inc. and its affiliates, which offer an online real estate marketplace, purporting that they enter into agreements that disadvantage all but their own members and foreclose transparent access to the “home inventory.” The antitrust complaint, following one that Zillow successfully dodged last week, argued that through their illicit agreements, the defendants violated state and federal antitrust laws, the Lanham Act, and deceptive trade laws.
The Western District of Washington filing first explained that internet connectivity has changed access to real estate inventory by enabling firms, aside from the NAR and Multiple Listing Services (MLS), to offer consumers greater access to real estate markets. Tuesday’s complaint stated that REX, founded in 2015, “uses technology to enhance efficiency and drastically re
Zillow Group Inc. stifles competition in home listings online, leading to less choice and higher prices for consumers, a real estate brokerage startup claimed in an antitrust lawsuit.
The startup, Rex - Real Estate Exchange Inc., said in a complaint filed Tuesday that Zillow recently…
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