Last year the lawmakers implored the DOJ and Federal Trade Commission to step in, saying that RealPage’s rent-setting product could be “driving rapid inflation.” And just recently ...
That company is called RealPage. According to the lawsuit, RealPage has shared data about rental properties that has led property owners to collude rather than compete in the rental market.
RealPage, a Texas-based real estate technology company, allegedly feeds proprietary rent-pricing data into an algorithm that generates daily rent prices for landlords and property managers across ...
A new antitrust lawsuit accuses real estate software company RealPage of an illegal scheme in which landlords allegedly coordinate to hike rental prices. FOX31's Talya Cunningham reports that ...
"Everybody knows the rent is too damn high and we allege this is one of the reasons why," Attorney General Merrick Garland said at a press conference announcing the lawsuit. RealPage did not ...
Kevin Weller is a Jersey City resident and lead plaintiff in a federal class-action complaint filed in April 2023 against RealPage and about 25 property-management firms over rent-fixing.
RealPage may not be a household name, but if you live in a major US city, you've probably walked past (or lived in) an apartment that had its rent price set by the software. Its clients ...
RealPage also contracts with landlords to receive competitively sensitive information about apartment rental rates and lease terms, which can further hone RealPage’s algorithmic recommendations ...