Episode
Homes Prices DROP??? & Zillow & Compass/MRED go to Court!
- Podcast
- this Week in Real Estate
- Published
- Jul 1, 2026
- Duration seconds
- 3100
- Processing state
not_requested
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Summary
Today on This Week in Real Estate, the listing control war is back in federal court. Zillow, MRED, and Compass are fighting over MLS feeds, private listings, arbitration, and who really gets to control where listings show up. Is this about consumer transparency, brokerage power, portal control, MLS authority, or all of the above? We'll also break down NAR's latest explanation of "local discretion," the Compass lawsuit over a $475 transaction fee, and a wild cautionary story about a new agent, phantom buyers, and the kind of ethical mistake that can end a career. Then we shift to the housing market: luxury home prices are rising much faster than the rest of the market, fewer homeowners are listing as spring ends quietly, listing prices are seeing record declines, and buyers may finally be getting some affordability relief. Plus, we'll talk mortgage demand, riskier loan products, and a moving company nightmare every relocating buyer should hear. This one is about power, trust, leverage, and what agents, buyers, and sellers need to understand about the market right now. Topics covered: Zillow lawsuit, MRED, Compass, MLS policy, private listings, NAR, real estate lawsuits, housing market 2026, luxury real estate, mortgage rates, home prices, buyer affordability, real estate ethics, and relocation risks.