News•Feb 7, 2026
On the Compass V. Zillow Preliminary Injunction Ruling
The episode dissects the court’s denial of Compass’s request for a preliminary injunction against Zillow over the Zillow Listing Access System (ZLAS). It explains that while the ruling is a legal victory for Zillow, it doesn’t spell immediate disaster for Compass, which has already closed its Anywhere acquisition. The host highlights the broader stakes: a win for Compass could have unleashed a wave of private listing networks (PLNs) threatening Zillow’s business model, whereas Zillow’s win erodes Compass’s 3PM value proposition and could have jeopardized the acquisition. The discussion also touches on potential DOJ reactions and the importance of “multi‑homing” in the decision’s implications for MLS and inter‑portal competition.