CEO Jeremy Wacksman told Inman the portal is focused on “ourselves and what we can control.” Zillow also said Thursday that 80 percent of home transactions involve one of its products Continue reading
CoStar Group released its Q3 earnings on Tuesday. Florance used the opportunity to deliver harsh criticism of rival Zillow, and outlined his competitive plan. Continue reading
Australia’s REA Group, owned by News Corp and a 20 percent stakeholder in Realtor.com, has acquired 3D tour technology company Planitar, echoing the 2024 sale of Matteport to Homes.com parent CoStar. Continue reading
Homes.com will lose access to the CRMLS data feed on Nov. 1. REcore Solutions says the portal monetized listings without paying an agreed upon fee for the data. Continue reading
The portal notified agents on Monday that CoStar declined to renew Matterport’s API agreement with Zillow, leading the portal remove Matterport 3D tours from its sites. Continue reading
Zillow has had a difficult month, with lawmakers and rivals filing four lawsuits aimed at upending portal’s main business segments. Although Zillow’s next moves will likely come with some pain, experts say it won’t end their dominance in the industry. Continue reading
Amid an ongoing legal battle over listing photos, Zillow alleged that CoStar was attempting “to weaponize copyright litigation for competitive pressure.” Continue reading
In an “update” the Homes.com parent company released on Tuesday regarding its lawsuit against Zillow, CoStar Group accused its portal rival of starting to use an additional 4,600 CoStar Group-watermarked photos on its website since the lawsuit was file… Continue reading
Homes.com parent CoStar sued Zillow in July over what it described as “systematic infringement” of copyrighted images. Zillow has yet to formally respond, but has started taking the images down. Continue reading
Last week, the industry’s biggest names took the stage at Inman Connect San Diego to talk about real estate’s hottest topics and biggest controversies. Continue reading