FTC investigates the Zillow-Redfin Multifamily Rentals deal: reports
Sources that are familiar with the situation said the publication that the FTC started an investigation into the question of Zillow’s agreement to take over Redfin’s MultiFamily Rental List network is equivalent to a merger that has had a competition limitation of apartment managers.
According to the Capitol Forum, the staff of the mergers III unit of the FTC’s Bureau of Competition contacted real estate managers to discuss the partnership between Zillow and Redfin.
The FTC had previously charged to block Costar Group‘s purchase of RentPath Holdingsthat includes Rent.com and ApartmentGuide.com, in 2020. Rentpath was later taken over by Redfin for $ 608 million in April 2021.
The Zillow-Redfin Multifamily Rentals Syndication Deal was completed for a in advance of $ 100 million, which falls under the threshold of $ 126.4 million for reporting mergers to American antitrust agencies.
According to an anonymous management management of real estate management quoted in the Capitol Forum article, the Zillow-Redfin agreement has been “terrible” and it has forced his company to do its rental ad budget again.
The source told Capitol Forum that after the syndication agreement was concluded, Zillow put him and his company under pressure to accept a contract that included fewer services than it had received when offering apartments on Rent.com. He also claimed that if he and his company did not agree with the conditions of the contract, Zillow threatened to purchase all his property from the site.
Both Zillow and the FTC did not want to comment on this news. From May 6, 2025, no research into research was placed on the FTC website.
