> [E]very morning, RealPage provides participating Lessors with recommended price levels. Lessors typically must communicate to a RealPage “Pricing Advisor” that they have “accept[ed]” or “confirm[ed] the “approved pricing” within a specified time frame. If Lessors wish to diverge from the “approved pricing” they must submit reasoning for doing so and await approval.
[...]
> But RealPage emphasizes the need for discipline among participating Lessors and urges them that for its coordinated algorithmic pricing to be the most successful in increasing rents, participating Lessors must adopt RealPage’s pricing at least 80% of the time.
This organization was enforcing 'discipline' among the participants to make sure that they didn't undercut each other too often. That's a cartel.
1. https://cohost.org/morayati/post/925436-i-saw-real-page-s-cr...
https://oag.dc.gov/sites/default/files/2023-11/DC%20OAG%20Re...
Eg, paragraph 57 spells out exactly the allegation you’re saying isn’t there.
Also, I think there is a pretty big difference between enforcing compliance and saying "we think you will make the most if you list at the recommended price".
Where would you draw the line for collusion? Simple information sharing? Recommending listing within 10% of the mean? Punishments for deviating from the mean? Actively setting and listing the price for the landlord.
By my reading, Realpage may be engaging in collusion in the cases where it actively manages and sets prices for landlords, but not in the cases where it simply reports and recommends a price.
Im guessing they will have to discontinue the service offerings where they take the control and responsibility for setting the price and listing it on behalf of the landlord
Looking past the bluster at the statements of fact, I don't see anything supporting it in the doc. Thats why they have to lean so hard on text questionnaire and phone calls in the he other section as a cartel enforcement method.
Paragraphs 64-70 support the first quote.
You’re correct that this is LSAT level, which is why it’s so shocking that you’re not able to read a few pages that are clearly labeled.
To remain in compliance with the law, OAG recommends landlords and property owners refrain from requesting a potential tenant’s court records and rental histories altogether and cease relationships with tenant screening bureaus who continue to provide court records. Any New Yorker who believes that they have been denied an apartment because of their rental history should submit a tenant blacklisting complaint online with OAG.
In its investigation of Clipper Equity, OAG determined the company had improperly obtained housing court records for 25 potential tenants and then denied housing to seven of those same applicants. The OAG found that Clipper thus violated the law. Clipper also violated city and state Human Rights laws by requiring potential tenants to disclose their marital status. As part of the agreement, Clipper Equity will take the necessary steps to comply with the laws it broke and has committed to ending its discriminatory screening policies.
[1] https://ag.ny.gov/press-release/2022/attorney-general-james-...
Back when I was renting (and this I acknowledge isn't even a grey area thing, just shady), I even called out a small local PM company... their "main" website, listing properties was all about their "ethics" and "fairness" and "transparency". But when you went into the "Owners" section you got then told to visit a different site, which talked about how the company would "work with you" to get "the maximum value for your property, strategically adjusting rental pricing upwards" while "shielding the landlord".