Walking Dead

The Industry Relations Podcast is now available on your favorite podcast player! Overview The court has denied Zillow's motion for a preliminary injunction against MRED, and the case now moves to arbitration. Rob stands by calling the ruling a "fatality" for Zillow's Listing Access Standards. Greg argues the fight is far from over and points to PLS v. NAR, which came back after a string of losses. The hosts also debate whether other MLSs will follow MRED's lead, whether a national MLS can handle compliance, and what Zillow does next. Key Takeaways The court denied Zillow's preliminary injunction against MRED and sent the dispute to arbitration. Rob calls the ruling a "fatality" for Zillow's Listing Access Standards; Greg says nothing Zillow argued was proven wrong. Greg cites PLS v. NAR (2020–2025) as proof that "dead" cases can come back. Rob credits the DOJ's intervention for PLS's appellate win and notes that the DOJ also shaped this judge's opinion. The judge treated MRED's policy update as a clarification, not a new rule. Rob expects MLSs that paused similar rules during the lawsuit to move forward now. The court called MRED going national pro-competitive, which Rob says introduces real MLS competition. Greg questions how Compass listings were rushed onto MRED and whether that data is kept accurate. The hosts debate whether a national MLS can do compliance when most enforcement relies on local member reports. Greg points to Metrolist as evidence that MLSs already compete; Rob says every MLS is still a local monopoly. Rob's thought experiment: if Zillow required direct listing entry, would 96% of listings still show up there? Greg estimates only about 50% would, and says Zillow will work within the system rather than blow it up. Zillow is already testing a new angle, with previews shared with Realtor.com and RealScout. Rob points out that Zillow itself called private listings an existential threat, citing Howard Hanna and Real as brokerages following Compass. The Hagens Berman buyer-side inquiry gets a brief debate, including whether sellers are the more likely plaintiffs. Greg will debate the MLS's pro-consumer case on stage at CMLS. Connect with Rob and Greg Rob's Website Greg's Website Watch us on YouTube Our Sponsors: Cotality Notorious VIP The Giant Steps Job Board Production and Editing Services by Sunbound Studios