The company said the terminations were performance-based and part of its typical annual review process. Zillow has open roles for approximately the same number of employees. Continue reading
A day after a prominent hedge fund investor launched a hostile takeover bid of CoStar’s board over concerns about the real estate portal, CoStar doubled down on its Homes.com strategy. Continue reading
A major New York hedge fund has called on CoStar to divest or shut down its residential real estate business after heavy spending on Homes.com. Continue reading
Three homebuyer plaintiffs sued Rocket Companies on Monday, alleging the company violated RESPA through its lead referral program for real estate agents. Continue reading
President Trump kept his focus on a potential ban on institutional homebuyers and highlighted existing plans to buy $200 billion in mortgage bonds to drive down rates. Continue reading
Russ Cofano and Amit Kulkarni of Alloy Advisors are among a group that has created the “Playbook for MLS Access in the Post NAR Policy Era.” Continue reading
As it geared up to fight for rules that were favorable to its private listings strategy, Compass set out to understand where hundreds of MLSs stood — and to create a 1-to-5 ranking system. Continue reading
INMAN EXCLUSIVE: Court documents shed light on Redfin CEO Glenn Kelman’s unique view of private listings — a position that landed somewhere between Compass and Zillow. Continue reading
The two portals say the syndication agreement they struck last year provides advantages for both renters searching for homes and property managers looking to lease buildings. Continue reading
After 20 years as CEO of one of the largest companies in real estate, Kelman says he now plans to find a role outside of the industry. Continue reading