Court rules Zillow falsely labeled REX listings as case heads to trial

Despite the ruling, Zillow said it looks forward to presenting its case to a jury and is “confident that the evidence will show that REX’s business failed for reasons unrelated to Zillow.” Continue reading

Zillow’s Listing Showcase is poised to change the seller equation

As Zillow’s Listing Showcase rolls out, it’s becoming clear that it will play a central role on the seller side of the business as it unlocks new premium revenue streams. Continue reading

REX antitrust claims against NAR and Zillow dismissed with prejudice

The case is currently set for trial on Sept. 18, but the National Association of Realtors is no longer a defendant, according to a court order. Some claims against Zillow remain. Continue reading

In crucial Q2, real estate separated wheat from the chaff: Intel analysis

The biggest publicly traded brokerages and tech companies significantly slashed losses in the second quarter, restoring investor confidence, according to an exclusive Intel analysis of Q2 earnings data. Continue reading

A stock analyst reveals the 2 big winners from Q2 earnings season

Among the publicly traded real estate enterprises to release second-quarter earnings reports this month, two companies stood out for John Campbell, a managing director at analytics firm Stephens. Continue reading

Even amid high rates, buyers have more options than they realize

Loan officers and assistance programs are just 2 ways to close the knowledge gap, Zillow Senior Economist Orphe Divounguy and Rocket President Tim Birkmeier said Wednesday at Connect. Continue reading

Zillow’s Samuelson: AI to create ‘once in a 200 years’ revolution

Zillow’s Errol Samuelson compared the rise of AI to the invention of the steam engine and encouraged real estate professionals to stay vigilant when it comes to technology. Continue reading

Realtor.com CEO: ‘Zillow took that crown off us — and I want it back’

During Inman Connect on Tuesday, Damian Eales, Realtor.com’s newly installed CEO, revealed the marching orders he’s received from Rupert Murdoch as he aim to scale the top of the portal game. Continue reading

$2B Pacific Sotheby’s International Realty broker partners with Side

San Clemente, California’s top broker, Doug Echelberger, and his team of seven agents has moved to Side, where it will operate as Inhabit Real Estate, according to an announcement on Tuesday. Continue reading

Opendoor rebounds with profitable Q2 despite steep revenue decline

The iBuying giant sold fewer homes and brought in less cash in Q2 2023 than it did during the same time in 2022, but it still managed to end up in the black to the tune of $23 million. Continue reading