#exclusive-listings

#exclusive-listings

Real estate's biggest turf war is playing out this week in a Manhattan courtroom, where a federal judge must decide if the so-called "Zillow ban" is fair. Compass, the nation's largest real estate brokerage by sales volume, is fighting the ban, under which Zillow excludes home listings from its site and penalizes brokers when properties were previously listed as private "exclusives" elsewhere.

According to DelPrete, in the 30 days prior to Compass filing its lawsuit against Zillow in late-June, barely a week before the policy went into effect, the Robert Reffkin-helmed firm's exclusive inventory was declining an average of 0.3% per day, and in the 30 days after the lawsuit was filed, it rose an average of 0.1% per day. At present time, DelPrete said Compass's exclusive inventory is rising at an average rate of 0.4% per day.