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[-] conciselyverbose@sh.itjust.works 190 points 3 months ago

The lawsuits also argue that RealPage pressures landlords to comply with its pricing suggestions—something that would make no sense if the company were merely being paid to offer individualized advice. In an interview with ProPublica, Jeffrey Roper, who helped develop one of RealPage’s main software tools, acknowledged that one of the greatest threats to a landlord’s profits is when nearby properties set prices too low. “If you have idiots undervaluing, it costs the whole system,” he said. RealPage thus makes it hard for customers to override its recommendations, according to the lawsuits, allegedly even requiring a written justification and explicit approval from RealPage staff. Former employees have said that failure to comply with the company’s recommendations could result in clients being kicked off the service

Holy shit that's blatantly cartel pricing.

[-] sunzu@kbin.run 63 points 3 months ago

Holy shit that's blatantly cartel pricing.

That's for courts to decide, peasant!

[-] very_well_lost@lemmy.world 39 points 3 months ago

That's for courts to ~~decide~~ ignore, peasant!

[-] Fermion@feddit.nl 11 points 3 months ago

RealPage can afford to send justices on very nice vacations as a gratuity.

[-] very_well_lost@lemmy.world 5 points 3 months ago

It will certainly be gratuitous...

[-] LodeMike@lemmy.today 7 points 3 months ago
this post was submitted on 11 Aug 2024
429 points (95.9% liked)

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