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Compass MRED Deal Under Fire | Real Estate News
Description
Congress is investigating a controversial deal between Compass and MRED that lets agents preview listings before they’re public, sparking fears of anti-competitive practices and consumer harm. With a deadline looming, lawmakers are probing whether private listing networks are creating exclusive brokerages, limiting housing access, and enabling dual-agent conflicts. Meanwhile, Zillow’s lawsuit against MRED adds legal heat, as Compass defends its system as a tool for seller control — all while consumer advocates push back on the growing power of these closed-door networks.
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