CoStar loses National Advertising Division challenge against Move

The National Advertising Division on Friday denied CoStar’s challenge to Realtor.com’s “No. 1 site real estate professionals trust” tagline. CoStar said it’s based on outdated data. NAD disagreed. Continue reading

Realtor.com parent Move sees revenue inch down in Q3

Move’s overall revenue dipped 1 percent between July and September, while revenue from its real estate business — including Realtor.com — dropped 4 percent, according to Q3 earnings data released Thursday. Continue reading

CoStar moves one step closer to securing Arlington HQ

CoStar Group inked a deal with a longtime tenant of its new Arlington HQ, which leased 13 of the building’s 31 floors. The tenant agreed to downsize to two floors, giving CoStar enough space for the 500 employees moving to the new HQ. Continue reading

CoStar Group clinches another victory in theft of trade secrets suit

A California judge on Monday dismissed a pair of Move’s computer fraud claims against CoStar Group and a former Realtor.com editor accused of stealing trade secrets. Continue reading

‘Danger Report’ sequel lays out 20 ‘opportunities’ for real estate

The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the three-way agreement and reforming its governance. Continue reading

CoStar acquires management platform Visual Lease

Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar’s core commercial real estate business. Continue reading

Latest updates show Matterport’s downmarket move no longer virtual

Digital twin creator Matterport introduced a new lineup of property marketing features to enrich its appeal as a more accessible resource for listing agents and brokers, including a de-furnishing tool and an artificial intelligence listing description … Continue reading

CoStar Group dismisses year-old lawsuit against Homesnap founder

The residential and commercial real estate company sued over misuse of trade secrets in 2023, but revealed in a new court filing that a rival tech platform’s “limited nature” is no longer a threat. Continue reading

Rupert Murdoch’s REA Group eyes UK’s biggest real estate portal

Murdoch’s Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK’s largest real estate portal. Continue reading

Ex-Move staffer accessed dozens of disputed files at CoStar: Experts

James Kaminsky, a former Realtor.com editor accused of taking trade secrets with him to CoStar, transferred access to at least 40 documents two days before he left the job, according to legal filings. Continue reading