Zillow’s new product represents a new business model — from pay-per-lead to pay-per-listing — that mirrors the way profitable international peers monetize their market-leading positions. Continue reading
Portal competitors are shelling out big money in an effort to dethrone Zillow, but do they stand a realistic chance? Continue reading
Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Continue reading
Real estate portals benefit tremendously from network effects, which is the key factor that gives them unprecedented market power and an impregnable moat to repel competition. Let’s take a look at international portal leadership across three markets an… Continue reading
Being the place where consumers go to start their property search, even with alternate options, often yields more effective results. Take a closer look at the numbers from Mike DelPrete’s homeselling experience here. Continue reading
Move and REA Group raked in $18 million, but increased investments in Opcity diminished News Corp’s overall quarterly revenue by 8 percent, according to an earnings call Thursday. Continue reading
News Corp., the parent company of Move’s realtor.com and Australia-based REA Group, beat analysts’ expectations Thursday, posting adjusted third quarter fiscal year 2019 earnings of 4 cents per share, compared to the consensus estimate of 1 cent per sh… Continue reading
Fellows, who led Melbourne-based, News Corp-owned REA Group for four years, will now oversee all of the corporation’s digital real estate services including Move, Inc., and REA Group, which includes iProperty in Asia and PropTiger and Housing.com in In… Continue reading