Two months after purchasing a 17 percent stake in REA Group competitor Domain, CoStar Group has reached an acquisition deal of $1.9 billion. The bid still faces approval from Domain shareholders and Australian officials. Continue reading
CoStar CEO Andy Florance on Thursday said the “Boost” tool it rolled out on April 29 will now be available for brokers and homeowners who have been thwarted by Zillow’s private listing ban. Continue reading
Move Inc. grew revenue for the second-consecutive quarter, despite declines in lead volume and suppressed web and mobile traffic at Realtor.com, earnings data released Thursday shows. Continue reading
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
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
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 founder and CEO Andy Florance takes Zillow to task for its new listings policy, calling it anti-consumer and anti-agent. Continue reading
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
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
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