{"id":63622,"date":"2026-07-23T03:00:19","date_gmt":"2026-07-23T01:00:19","guid":{"rendered":"https:\/\/housesmarketplace.com\/house-subcommittee-probes-compass-mred-private-listing-network-deal\/"},"modified":"2026-07-23T03:00:19","modified_gmt":"2026-07-23T01:00:19","slug":"house-subcommittee-probes-compass-mred-private-listing-network-deal","status":"publish","type":"post","link":"https:\/\/housesmarketplace.com\/ru\/house-subcommittee-probes-compass-mred-private-listing-network-deal\/","title":{"rendered":"House subcommittee probes Compass MRED private listing network deal"},"content":{"rendered":"<div>\n<p>A House Judiciary subcommittee is pressing <strong>Compass International Holdings<\/strong> \u0438 <strong>\u0414\u0430\u043d\u043d\u044b\u0435 \u043e \u043d\u0435\u0434\u0432\u0438\u0436\u0438\u043c\u043e\u0441\u0442\u0438 \u0421\u0440\u0435\u0434\u043d\u0435\u0433\u043e \u0417\u0430\u043f\u0430\u0434\u0430<\/strong> (MRED) to explain their nationwide <a href=\"https:\/\/www.housingwire.com\/articles\/mred-compass-private-listing-network\/?utm_campaign=Newsletter%20-%20HousingWire%20Breaking%20Alerts&amp;utm_medium=email&amp;_hsenc=p2ANqtz-8_J-IcTLBJuGGDUYiw0utsOyIIn6mR3lpSEYvLaGoZcNNUu731gyzJF_cm7e_vahA0usBvJ7z_vzxbSsdB4wwBgn0-MA&amp;_hsmi=415553969&amp;utm_content=415553969&amp;utm_source=hs_email\">private listing network partnership<\/a>, citing concerns that the arrangement could limit transparency, reduce competition and harm homebuyers and sellers.<\/p>\n<p>The House Judiciary Committee\u2019s Subcommittee on the Administrative State, Regulatory Reform and Antitrust sent separate letters on July 22, 2026, to Compass CEO Robert Reffkin and MRED President and CEO Rebecca Jensen requesting briefings on the companies\u2019 use of private listing networks and their recently announced data partnership. The letters were obtained and verified by <strong>\u0416\u0438\u043b\u0438\u0449\u043d\u044b\u0439 \u043f\u0440\u043e\u0432\u043e\u0434.<\/strong><\/p>\n<p>The letters, signed by subcommittee chair Rep. Scott Fitzgerald, R-Wis., say the panel is examining whether certain real estate companies are using private listing networks (PLNs) and similar structures \u201cto insulate themselves from competition at the expense of consumers,\u201d undercutting the goals of U.S. antitrust law.<\/p>\n<p>In April, MRED \u2014 one of the nation\u2019s largest multiple listing services \u2014 announced a deal with Compass to expand its Private Listing Network nationwide, opening participation to agents outside MRED\u2019s traditional Midwest footprint. Under the agreement, MRED offers agents \u201coff-MLS listings\u201d that are not available to the general public, while Compass markets many of those properties as \u201cCompass Private Exclusive\u201d listings shared first within its own agent network before they appear on <strong>\u0417\u0438\u043b\u043b\u043e\u0443<\/strong>, <strong>\u041a\u0440\u0430\u0441\u043d\u043e\u043f\u0435\u0440\u044b\u0439<\/strong>, <strong>\u0420\u0438\u044d\u043b\u0442\u043e\u0440.com<\/strong> or local MLSs, according to the letters. Compass does have a <a href=\"https:\/\/www.housingwire.com\/articles\/compass-coming-soon-redfin\/\">mutually exclusive deal<\/a> with Redfin to premarket its coming soon listings.<\/p>\n<p>The subcommittee flagged several potential competitive concerns raised by the Compass\u2013MRED structure and PLNs generally:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Reduced transparency and fragmented inventory: <\/strong>Lawmakers cited industry commentary that PLNs can \u201clock\u201d listing information into closed systems, making it harder for buyers without access to those networks to see available homes, compare prices or make informed decisions. Fragmentation of inventory could weaken price competition and create \u201cvelvet ropes\u201d around certain properties, the letters note.<\/li>\n<li><strong>Incentives for private listings and dual agency: <\/strong>The letters point to research and watchdog reports alleging that private networks encourage brokers to steer sellers off the open MLS. That, in turn, can increase \u201cdouble-ending\u201d or dual agency, where the same agent represents both sides of the deal and collects the full commission instead of sharing it with a cooperating broker. Lawmakers say this structure can create conflicts of interest and limit buyers\u2019 access to independent representation.<\/li>\n<li><strong>Captive buyer pipelines:<\/strong> The subcommittee also raises concerns that PLNs may let listing agents capture unrepresented buyers who discover a home through a private network, allowing the listing agent or brokerage to convert them into in-house clients or referrals, further concentrating deal flow.<\/li>\n<\/ul>\n<p>The letters reference reporting from HousingWire, <strong>\u041d\u044c\u044e-\u0419\u043e\u0440\u043a \u0422\u0430\u0439\u043c\u0441<\/strong>, <strong>\u0420\u0435\u0430\u043b\u044c\u043d\u0430\u044f \u0441\u0434\u0435\u043b\u043a\u0430<\/strong> and other outlets, as well as research from consumer advocates, that has documented Compass\u2019s rapid post-merger market share growth and the rise of private listing practices linked to double-ended deals.<\/p>\n<p>Fitzgerald\u2019s letters request that Compass and MRED each arrange a staff briefing on their \u201cbusiness practices, including [their] use of PLNs and recent partnership\u201d by no later than 10 a.m. Eastern on Aug. 5, 2026. The subcommittee says the information will inform potential legislative reforms concerning \u201cprotection of trade and commerce against unlawful restraints and monopoly\u201d under House Rule X.<\/p>\n<p>Compass and MRED have not yet responded to HousingWire\u2019s request for comment on the subcommittee\u2019s July 22 letters. The panel has invited both companies to contact committee staff at the Judiciary Committee\u2019s Washington office to coordinate the requested briefings.<\/p>\n<p>The relationship between Compass and MRED was called into question in a lawsuit filed by Zillow in May. <a href=\"https:\/\/www.housingwire.com\/articles\/zillow-mred-compass-lawsuit\/\">In the suit<\/a>, Zillow claims that Compass and MRED conspired to withhold listing data from Zillow. The court overseeing the lawsuit is <a href=\"https:\/\/www.housingwire.com\/articles\/zillow-mred-compass-briefs\/\">currently reviewing <\/a>Zillow\u2019s motion for a <a href=\"https:\/\/www.housingwire.com\/articles\/zillow-injunction-mred-cutoff\/\">preliminary injunction<\/a> seeking to prevent MRED from withholding listings from Zillow.<\/p>\n<p><em>This article was written by Brooklee Han and generated with the assistance of HousingWire Automation, then reviewed by a HousingWire editor before publication.<\/em><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A House Judiciary subcommittee is pressing Compass International Holdings and Midwest Real Estate Data (MRED) to explain their nationwide private listing network partnership, citing concerns that the arrangement could limit transparency, reduce competition and harm homebuyers and sellers. The House Judiciary Committee\u2019s Subcommittee on the Administrative State, Regulatory Reform and Antitrust sent separate letters on [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-63622","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.5 (Yoast SEO v18.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>House subcommittee probes Compass MRED private listing network deal - Houses Marketplace<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/housesmarketplace.com\/ru\/house-subcommittee-probes-compass-mred-private-listing-network-deal\/\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House subcommittee probes Compass MRED private listing network deal\" \/>\n<meta property=\"og:description\" content=\"A House Judiciary subcommittee is pressing Compass International Holdings and Midwest Real Estate Data (MRED) to explain their nationwide private listing network partnership, citing concerns that the arrangement could limit transparency, reduce competition and harm homebuyers and sellers. 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