The Federal Trade Commission (FTC) and attorneys general from five states have reached a resolution with Zillow and Redfin over antitrust claims related to a multifamily rental syndication deal. The agreement allows the companies' partnership to continue.
This resolution averts a trial that could have significantly altered the competitive landscape of online rental advertising, ensuring continued access to listings for renters and allowing Zillow and Redfin to proceed with their business models.
The Federal Trade Commission (FTC) announced it will file a stipulated order to resolve litigation against Zillow and Redfin, settling antitrust claims related to their multifamily rental syndication deal. The agreement, reached just before a scheduled trial, allows the companies' partnership to continue unchanged and ensures listings syndication across platforms remains intact. As part of the resolution, both Zillow and Redfin will also begin offering standalone multifamily advertising products. Zillow stated its partnership with Redfin, which began in early 2025, aimed to help renters find more homes, leading to significant growth in multifamily property listings on both companies' websites. Redfin described the resolution as a "significant win," allowing them to maintain their rental partnership with Zillow through at least 2030 while developing their own rental business. The lawsuit, initially filed in September 2025 and consolidated in November, alleged that Zillow paid Redfin $100 million to become the exclusive provider of multifamily rental listings, effectively eliminating Redfin as a competitor and violating federal antitrust laws. A U.S. District Court judge had previously denied Zillow and Redfin's motion to dismiss the lawsuit and denied the FTC's request for partial summary judgment, setting the stage for a trial.