CoStar lays off staff amid drastic Homes.com cost-cutting campaign
The company has vowed to slash over 35 percent of its spending on Homes.com after years of attempting to build a fourth major real estate listings search portal. Continue reading
The company has vowed to slash over 35 percent of its spending on Homes.com after years of attempting to build a fourth major real estate listings search portal. Continue reading
CoStar debuted Homes AI on Tuesday, its home search assistant that guides homebuyers through Homes.com listings and proprietary market data with natural language. The tool will be added to other CoStar-owned sites later. Continue reading
Investors have recently questioned CoStar’s investments in residential real estate. Industry experts told Inman the company would be wise to pay attention to the criticism. Continue reading
New York City-based hedge fund D. E. Shaw & Co. on Wednesday criticized the board’s “reckless” spending on the portal while continuing to push back its timeline for profitability. It also called into question CEO Andy Florance’s generous cash and … Continue reading
Marc Andreessen, Charlie Rose, Arianna Huffington, Larry Page, Rich Barton, Rupert Murdoch and many others have all made headlines from the Inman Connect stage over the decades. Continue reading
Zillow and Compass are going head to head in an antitrust battle over the portal giant’s Listing Access Standard. Here’s a timeline of the rivalry and how the case has evolved. Continue reading
Realtor.com has released Spotlight Listings, a new marketing tool that enables agents to drive additional traffic to their listings. Spotlight’s launch coincides with a major update to Local Expert, a lead generation tool that gives agents prominent pl… Continue reading
The lawsuit alleges that Zillow policies requiring Premier Agents to meet pre-approval quotas related to Zillow Home Loans “as a condition for maintaining access to these high-value leads” led to steering of consumers. Continue reading
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading
In a motion to transfer the portal’s copyright infringement lawsuit with CoStar Group from New York to Washington, Zillow criticized CoStar’s legal tactics, and in particular, its many press releases issued regarding ongoing cases. Continue reading