RealPage, facing allegations of rental price manipulation, reaches settlement with authorities
RealPage Settles Dispute with Justice Department A real estate platform previously accused of being part of a “housing cartel” has come to an agreement with the Department of Justice after a lengthy legal battle spanning over a year and a half. This settlement restricts certain features of the app that many renters have found to […]
DOJ reaches settlement in case against RealPage for allowing landlords to cooperate on high rental prices
Department of Justice Settles Lawsuit Against RealPage The Department of Justice has reached a settlement with RealPage, a tech company focused on real estate, following significant accusations that it created an algorithm that enabled landlords to collude and increase rents unlawfully, according to recent reports. The settlement was disclosed in a federal court in North […]
DOJ accuses tech firm RealPage of enabling landlords to collude on rents
The Department of Justice has sued real estate technology company RealPage for allowing landlords across the country to use its software to illegally raise rents for their tenants. The shocking lawsuit, filed jointly by eight states – California, Colorado, Connecticut, Minnesota, North Carolina, Oregon, Tennessee and Washington – alleges that RealPage helped landlords fix prices, […]