Watchdog calls on DOJ to investigate private listing networks

Consumer Policy Center fellows Stephen Brobeck and Wendy Gilch praised Zillow’s private listing ban while calling on the Department of Justice to limit the spread of private listing networks. 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

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

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

Top 10% of agents control nearly half of all listings as pay gap widens

Top agents are winning a greater share of listings in the wake of NAR’s commission settlement last year, with high-performers holding 42.64 percent of all listings, new data from tech firm Relitix shows. Continue reading

CoStar advances talks to purchase REA Group competitor Domain

CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nine’s target price is AUD 2.79 billion. Continue reading

Reffkin slams MLS ‘monopoly’ amid Clear Cooperation debate

Compass CEO Robert Reffkin argued against Clear Cooperation Wednesday during an Inman on Tour session in Nashville while warning that “data is the new oil” amid predictions of a national MLS. Continue reading

What will Stone Point do with its investment in Keller Williams?

Private equity firm Stone Point Capital is seeking to grow Keller Williams and ultimately cash out, analysts told Inman. That expansion could come from new tech, an IPO, or something else entirely. Continue reading

CoStar closes $1.6B Matterport acquisition ahead of schedule

Virginia-based portal CoStar Group has finished its acquisition of spatial mapping company Matterport. The companies expected to finish the deal by the end of March, putting them 31 days ahead of schedule. Continue reading

Matterport lost $256M in 2024 as it continued scaling before merger

Total revenue was $169.7 million, up 8 percent compared to a year earlier, boosted by its 1.2 million subscribers as the company bolstered its ongoing revenue streams. Continue reading