Realtor.com reports growth as parent CEO calls rival Homes.com ‘at least a fixer-upper’

Realtor.com’s parent company saw revenue increase 10 percent year over year. The CEO of the firm that owns the portal took the opportunity to call rival Homes.com a potential “knockdown.” Continue reading

The MLS is under attack. Realtor.com’s CEO explains why

On this episode, Damian Eales gives his unfiltered take on the future of the MLS, the dangers of private listings, and why the industry needs to stop the infighting and start serving the consumer. Continue reading

Compass targets Zillow’s warnings to agents in new brief

In a brief issued ahead of a hearing in its case against Zillow, Compass homed in on the listing portal’s powers of “intimidation” in issuing warnings to agents that violate its listing standards. Continue reading

Zillow provides clarity on private listings rule — and when it rolls out

Zillow will send warnings about non-compliant listings beginning May 28, but enforcement won’t start until June 30. Agents will receive two warnings before their third non-compliant listing is blocked, executives said. Continue reading

It’s time to take back our listings

Real estate pros have let tech platforms and restrictive policies chip away at agent value for too long, coach Darryl Davis writes. Let the people who earn the listing own the lead. Continue reading

EXp rolls out advisory forms for sellers considering a private listing

The open-sourced form warns homesellers that selling a property privately without listing it on the MLS may have negative financial impacts but recognizes sellers hold the “final choice” in how to market their homes. Continue reading

Rival portal execs team up against a common foe: MLS red tape

Executives at Redfin and Zillow made the case at Inman Broker Connect that consumers would benefit from more universal standards of data sharing by MLSs. But the path to such a future is rocky, they said. Continue reading

Even CoStar doesn’t think it will unseat Zillow, DelPrete argues

For all its bluster, CoStar Group likely doesn’t think it can overthrow Zillow to become real estate’s top portal, Mike DelPrete tells Intel. Here’s what the commercial real estate giant is really after. Continue reading

Redfin builds on app feature with ‘Favorites Lists’ for buyers, renters

Redfin’s new website and app feature will allow homebuyers and renters to save their favorite properties in customized lists and share them with their home search partner to stay organized. Continue reading

‘It’s about time’: Agents cheer as Zillow braces for portal war in NYC

Agents across New York City were enthusiastic Thursday after CoStar-owned Homesnap and the Real Estate Board of New York announced plans to launch a search portal in 2022. Continue reading