Zillow and Redfin listing ban FAQ: What you need to know now

This week, Zillow Group and Redfin rocked the industry by banning listings that aren’t added to the multiple listing service (MLS) within 24 hours of being publicly marketed. The policies, which came two weeks after the National Association of Realtors… Continue reading

Watchdog calls on DOJ to investigate private listing networks

Consumer Policy Center fellows Stephen Brobeck and Wendy Gilch praised Zillow’s private listing ban while calling on the Department of Justice to limit the spread of private listing networks. Continue reading

Redfin to follow Zillow as it rolls out portal ban on some private listings

CEO Glenn Kelman on Monday also called on MLSs to create a “coming-soon” designation for listings that would conceal Days on Market and historical pricing data from consumers. Continue reading

CoStar’s Florance: New Zillow rule ‘hijacks your leads for profit’

CoStar founder and CEO Andy Florance takes Zillow to task for its new listings policy, calling it anti-consumer and anti-agent. Continue reading

Move, Inc. moves to dismiss trade secrets case against CoStar

The effort to dismiss the case comes following a settlement between Move and Realtor.com’s former head of News & Insights, who was accused of accessing documents while at Homes.com. Continue reading

CoStar makes ‘best and final’ $1.8B offer for REA Group rival

CoStar Group is one step closer to purchasing Australia’s second-largest real estate classifieds firm, Domain. Australian newspapers reported that CoStar founder and CEO Andy Florance spent several days in Sydney with Domain’s owners. Continue reading

CoStar makes ‘best and final’ $1.8B offer for REA Group rival

CoStar Group is one step closer to purchasing Australia’s second-largest real estate classifieds firm, Domain. Australian newspapers reported that CoStar founder and CEO Andy Florance spent several days in Sydney with Domain’s owners. Continue reading

Top 10% of agents control nearly half of all listings as pay gap widens

Top agents are winning a greater share of listings in the wake of NAR’s commission settlement last year, with high-performers holding 42.64 percent of all listings, new data from tech firm Relitix shows. Continue reading

CoStar advances talks to purchase REA Group competitor Domain

CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nine’s target price is AUD 2.79 billion. Continue reading

News Corp CEO unfazed by CoStar’s bid to buy REA competitor

News Corp CEO Robert Thomson said he’s unbothered by CoStar’s push to enter Australia, touting his company’s media portfolio as a major advantage in pushing traffic to portals without breaking the bank. Continue reading