CoStar maintains winning streak and grows revenue yet again in Q4

CEO Andy Florance touted his company’s residential portal Homes.com as the “fastest growing residential property site in the United States” in a new earnings report released Tuesday. Continue reading

WATCH: Andy Florance takes aim at ‘Ziltorfin’ business tactics

CoStar Group founder and CEO Andy Florance called Zillow, Realtor.com and Redfin pushback against Homes.com traffic numbers “bait and switch” business tactics as he addressed criticism about Homes.com’s astronomical website traffic growth during the la… Continue reading

CoStar takes portal war to YouTube, promises new platform

In three star-studded advertisements for Homes.com that appeared on YouTube over the weekend, the CoStar Group teases a “revolutionized” shopping experience ahead of Super Bowl Sunday. Continue reading

Homes.com earns top 100 finish on global SEO ranking list

German search engine optimization (SEO) platform SISTRIX ranked portal Homes.com No. 43 on a list of fastest-growing domains in the U.S. The company has been ranking domains for 15 years. Continue reading

Zillow President Susan Daimler defends long-gestating ‘super app’

The portal executive also declared that she didn’t think the “Your Listing, Your Lead” approach of Homes.com serves either agents or consumers well. Continue reading

Realtor.com CEO ‘loves’ heated competition with Homes.com

Realtor.com CEO Damian Eales addressed the traffic rivalry with Homes.com and why competition is good for agents and consumers. Continue reading

Compass CEO Robert Reffkin comes out in favor of Homes.com

On Thursday, in conversation with Brad Inman at ICNY, Reffkin weighed in on the portal wars, predicted an improved market in 2024 and revealed he takes public transit around New York. Continue reading

Blame ‘Ziltorfin’: CoStar CEO says competitors souring industry rep

During his latest ICNY appearance CoStar Group CEO Andy Florance chastised Zillow, Redfin and Realtor.com for prioritizing their bottom line to the detriment of buyers and listing agents. Continue reading

Artificial intelligence roused real estate amid a big year for proptech

Technology roared to life in 2023, sending a current of excitement across brokerages, MLS’s and the vendors who serve both. But it was AI’s rapid acceleration that drove the narrative. Continue reading

Homebuyers demand school data. Portals are grappling with the risks

Home-listing portals all rely on the same source for school ratings, which are treated as essential by many homebuyers. If used improperly, critics fear the data could lead to Fair Housing violations. Continue reading