Tag Archives: costar

CoStar Group looks to hire 1K employees in 2025

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CoStar Group announced plans on Monday to add 1,000 new employees to its Richmond, Virginia, campus. The hiring push also comes with cuts to a number of unspecified teams. Continue reading →

Matterport Marketing Cloud pushes power of digital twins

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Matterport continues its shift into becoming a more comprehensive marketing partner to the real estate industry with the launch of its latest software offering, Matterport Marketing Cloud. Continue reading →

CoStar Group posts 55th-straight quarter of revenue growth in Q4

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Virginia-based portal CoStar Group grew its revenue 11 percent in Q4, to $709 million, executives said Tuesday. Traffic to Homes.com Network remained steady, with 110 million average monthly unique visitors. Continue reading →

Redfin to shed 450 staffers after $100M rental deal with Zillow

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On the same day Redfin announced a new partnership to syndicate Zillow rental listings in multifamily buildings, the company said it would eliminate the positions of approximately 450 employees. Continue reading →

Zillow eyes rental dominance as segment revenue grows 25% in Q4

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Zillow’s Q4 revenues rose 17 percent annually to $544 million while its rental segment generated $116 million, according to an earnings release Tuesday that included news of a rental partnership with Redfin. Continue reading →

Realtor.com parent Move posts first revenue bump in 10 quarters

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Realtor.com parent company Move’s revenues grew 2 percent year over year to $130 million in Q2. However, market headwinds are still suppressing lead volume and traffic growth. Continue reading →

Leads, conversions and value amid the portal wars: DelPrete

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Despite arguments about traffic, industry expert Mike DelPrete writes, the bottom line for the portal wars comes down to revenue. Continue reading →

Zillow, not CoStar, is Realtor.com’s biggest competitor, Eales insists

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As the rivalry with CoStar Group simmers, Realtor.com CEO Damian Eales is focused on housing policy and bridging gaps between the industry and consumers, he told a crowd Thursday at ICNY. Continue reading →

QUIZ: How well do you remember the big real estate stories of 2024?

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Scandals, lawsuits, Fed rate cuts and iconic listings made headlines this year and kept the real estate industry buzzing. Now, let’s see how well you recall these standout moments of 2024. Continue reading →

Realtor.com CEO Damian Eales sees a silver lining in portal wars

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Ahead of his second Inman Connect New York appearance this January, Eales dished on Clear Cooperation, housing affordability and the bright side of Realtor.com’s ongoing feud with CoStar. Continue reading →