Redfin and Zillow Must Change Unlawful Agreement That Hurts Competition, FTC Says
August 24, 2026 / 1:22 PM EDT / CBS News
TL;DR
- The FTC has mandated changes to a commercial agreement between Redfin and Zillow.
- The agreement was found to have weakened competition and harmed consumers in the home rental market.
- The FTC's settlement resolves an antitrust lawsuit filed last year.
- Zillow had allegedly paid Redfin $100 million to stop listing multifamily properties and to exclusively repost Zillow's listings.
- Redfin will be required to re-enter the market with more home listings.
- Restoring competition is expected to lower prices and benefit renters and property management companies.
- Redfin stated the agreement allows them to continue their rental partnership with Zillow through at least 2030 while developing their own rentals business.
- Zillow described the settlement as positive for renters, housing providers, and the rental market.