Move also increased its revenue 1% annually to $552M. The company attributed the growth to Realtor.com’s Zillow partnership and increased premium lead generation sales
Kelman said it was a tough decision to sell, but one that ultimately will empower the company to better compete with portal giants like Zillow, Realtor.com and Homes.com
At Inman Connect San Diego, Realtor.com CEO Damian Eales said it's time to turn the page on Clear Cooperation and focus on solving consumers' main challenge — affordability
‘We're not competing against either Realtor or Zillow for customers. We are doing something completely different. In essence, we are now No. 1 at that’ — Florance
Costar, parent company of Homes.com, says Zillow is displaying thousands of images that are CoStar property — an act described in the complaint as 'willful, mass infringement'
CoStar reported net profit of $6.2M in Q2, down from $19M in Q2 2024
The share of ultra-low listing prices is up 24% since 2024, according to Realtor.com. Inman spoke to an agent about the upside — and downside — of the tactic
Senior data journalist Mark Worley co-authored a new report that shows roughly 6% of US homeowners risk selling at a loss. The analysis hit close to home; he and his wife did exactly that
The portal giant pushed back against arguments Compass had made in its complaint alleging antitrust activity and more, and asked the court to deny a request for a preliminary injunction that would prevent enforcement of Zillow's new listing standards
In a post on LinkedIn, the CoStar CEO took aim at various Zillow policies and urged agents to reach out to the Justice Department
Many agents have gathered in online forums to criticize the mailers as ‘unethical.’ But Homes.com’s parent company says most agents are fine with them
Portal behemoth Zillow has dropped 5 new home search, tour and affordability features, with the crown jewel being SkyTour, an aerial tour feature
Leaders across the brokerage landscape had thoughts on the private listings debate, and they weren't shy about sharing them
Opinion
Chris Kelly, president and CEO of HomeServices of America, asks whether decisions being made today are strengthening or weakening real estate pros' role in the homeownership journey
In Part 2 of our deep dive convo with James Dwiggins, co-CEO of franchisor NextHome, he accuses Robert Reffkin of 'posturing' to pressure MLSs to change rules around private listings
Co-CEO of franchisor NextHome, James Dwiggins, talks about the future of the industry and the debate over NAR's Clear Cooperation Policy ahead of his appearance at Inman Connect San Diego
