RealPage, a leading property management software provider, faces a web of lawsuits alleging anticompetitive practices, unfair business dealings, and negligence towards tenants. These lawsuits raise concerns about potential price manipulation, data sharing agreements, and misleading marketing tactics within the rental housing industry.
| Complete Date | Case | Citation | Court | Short Summary |
|---|---|---|---|---|
| Ongoing | Antitrust Class Action | Various | Various District Courts | Accusations of price-fixing, market allocation, and data sharing agreements with landlords to stifle competition and inflate rental prices. |
| Ongoing | Unfair Trade Practices | Various | Various State Courts | Misrepresentation of software features, undisclosed information, high-pressure sales, and deceptive marketing practices towards property managers. |
| Ongoing | Tenant Negligence | Various | Various State and Federal Courts | Lawsuits by tenants alleging property neglect, maintenance issues, and safety concerns on properties managed by RealPage software. |
| Ongoing | Tenant Discrimination | Various | Various State and Federal Courts | Claims of discriminatory practices against tenants based on race, national origin, or disability in housing managed by RealPage software. |
- Antitrust Lawsuits: Specific allegations include price-fixing agreements with landlords, carving up geographic markets, and sharing tenant data to facilitate these practices.
- Unfair Trade Practices Lawsuits: Examples include misrepresenting software capabilities, failing to disclose fees or hidden costs, using high-pressure tactics to close deals, and misleading marketing campaigns.
- Other Lawsuits: Negligence claims involve incidents like property damage, injuries due to poor maintenance, and security breaches. Discrimination lawsuits cite refusals to rent, unequal treatment based on protected characteristics, and unfair application processes.
- Impact of the Lawsuits: If RealPage loses, they could face billions in damages, forced changes to their business model, and potentially stricter industry regulations. Renters may benefit from increased transparency, fairer rental practices, and potentially lower costs.
Recommendations for Renters:
- Be cautious about sharing information with RealPage.
- Scrutinize contracts and agreements before signing.
- Maintain records of all interactions with RealPage.
- Seek legal counsel if you suspect harm from RealPage’s practices.
Disclaimer: This information is for general knowledge only and does not constitute legal advice. Please consult with an attorney for specific legal matters.
