CoStar Group posts rising revenue as Homes.com grows in Q1

Revenue grew by 12 percent to $732 million, and the Homes.com salesforce expanded to 370 people on the way to a goal of 500 reps, according to quarterly earnings data released Tuesday. Continue reading

Agents find waning value in the purchase of portal leads: Intel

Nearly 70 percent of agents who have purchased portal leads in the past say they no longer buy them, citing “time and money” needed for maximum ROI, according to the latest Intel Index polling data. Continue reading

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

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

Transitions, eliminated positions, acquisitions: Inman’s Top 5

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

Trump announces universal tariffs of at least 10% on most nations

Sweeping plan imposes higher duties on “worst offenders” and is in addition to 25 percent tariff on foreign automobiles slated to take effect April 3. Continue reading

NAR’s Clear Cooperation Policy tweak: Inman’s Top 5

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

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