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Renters Sue Compass Over Price Gouging | Real Estate News
Two New York renters are suing Compass, accusing the real estate giant of using its market dominance to inflate rental prices — and possibly violating antitrust laws. They claim Compass deliberately hides listings from public sites like Zillow to reduce supply and drive up costs, though the company hasn’t confirmed this for rentals. While Compass reportedly controls up to 80% of Manhattan’s sales listings, its actual rental market share is likely much smaller. The suit could grow into a class-action, drawing attention to Compass’s growing influence — especially as it faces similar lawsuits…
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