Murdoch’s REA Group makes another bid for UK’s Rightmove

Sydney-based News Corp subsidiary REA Group has made a third bid for UK portal Rightmove. The company offered $8.1 billion for Rightmove on Monday — a 10 percent increase from its first offer. Continue reading

Move class-action lawsuit shines harsh light on network’s paid leads

Disconnected phones, undeliverable emails and presumed scams have all become more common, customers of Move’s network of companies told Inman in the wake of the Aug. 23 class-action suit. Continue reading

HUD partners with Zillow to close racial homeownership gap

The Department of Housing and Urban Development has partnered with Zillow for “Let’s Make Home the Goal,” a campaign aimed at connecting minority communities with HUD pre-housing counseling services. Continue reading

Existing-home sales continue to slide as buyers bide their time: NAR

Existing-home sales fell 4.2 percent year over year to a seasonally adjusted rate of 3.86 million in August as buyers awaited the Fed’s decision to cut rates, according to National Association of Realtors data Continue reading

Christine Jacobson, formerly of NextHome, heads to Realtor.com

Christine Jacobson has joined Realtor.com as senior vice president of B2B marketing. In her new role, Jacobson will expand the portal’s B2B offerings in a bid to help agents grow their business. Continue reading

Compass Florida founding member Bobby Jones joins Douglas Elliman

After nine years with Compass, Bobby Jones has joined Douglas Elliman as its executive director of luxury sales. Jones specializes in listing waterfront and luxury estates across South Florida. Continue reading

UK portal Rightmove rejects bid from Rupert Murdoch’s REA Group

UK portal Rightmove’s board of directors has unanimously rejected News Corp subsidiary REA Group’s $7.32 billion acquisition bid, saying it “fundamentally undervalues” the company’s current and future prospects. Continue reading

Computer vision firm Restb.ai hits 720K agents across US, Canada

Barcelona-based computer vision software firm Restb.ai expanded its reach to 17 new multiple listing services in New York, Rhode Island, the Carolinas, Tennessee, Florida, Alabama, Minnesota, Kansas, Oklahoma, Texas, Colorado, Arizona, California, and … Continue reading