RealPage is currently facing a number of lawsuits alleging antitrust violations, unfair trade practices, and other misconduct.
Antitrust lawsuits
RealPage is facing antitrust lawsuits in both federal and state courts. The lawsuits allege that RealPage has engaged in a variety of anticompetitive practices, including:
- Price-fixing: RealPage has been accused of conspiring with landlords to fix the prices of rental units.
- Market allocation: RealPage has been accused of allocating geographic markets to landlords in order to reduce competition.
- Data sharing: RealPage has been accused of sharing data with landlords in order to facilitate price-fixing and market allocation.
Unfair trade practices lawsuits
RealPage is also facing lawsuits alleging unfair trade practices. The lawsuits allege that RealPage has engaged in a variety of deceptive and unfair practices, including:
- Misrepresenting the features and benefits of its software
- Failing to disclose material information to customers
- Using high-pressure sales tactics
- Engaging in deceptive marketing practices
Other lawsuits
RealPage is also facing lawsuits alleging other types of misconduct, such as:
- Negligence: RealPage has been sued by tenants for negligence, such as failing to properly maintain rental properties.
- Discrimination: RealPage has been sued by tenants for discrimination, such as refusing to rent to them or discriminating against them on the basis of race, national origin, or disability.
Status of the lawsuits
The lawsuits against RealPage are still ongoing. It is unclear how the lawsuits will be resolved or how long it will take to resolve them.
Impact of the lawsuits
The lawsuits against RealPage could have a significant impact on the company and on the rental housing industry. If RealPage is found to have violated antitrust laws, it could be ordered to pay billions of dollars in damages and to change its business practices. The lawsuits could also lead to stricter regulation of the rental housing industry.
What can renters do?
If you are a renter, you should be aware of the lawsuits against RealPage and you should take steps to protect yourself. You should:
- Be careful about what information you share with RealPage.
- Read any contracts or agreements with RealPage carefully before signing them.
- Keep a record of all communications with RealPage.
- If you believe that you have been harmed by RealPage’s business practices, you should contact an attorney to discuss your legal options.
It is important to note that this is just a general overview of the lawsuits against RealPage. Every case is different, and you should consult with an attorney to discuss your specific situation.