CoStar acquires management platform Visual Lease

Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar’s core commercial real estate business. Continue reading

Latest updates show Matterport’s downmarket move no longer virtual

Digital twin creator Matterport introduced a new lineup of property marketing features to enrich its appeal as a more accessible resource for listing agents and brokers, including a de-furnishing tool and an artificial intelligence listing description … Continue reading

Gains and losses amid market shifts: Q2 2024 earnings

The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, Jessi Healey breaks down who’s up and who’s down. Continue reading

Matterport exec alleges she was fired for raising business concerns

The former sales executive filed a lawsuit in California alleging “she was pushed out of the company because she raised concerns about illegal and unethical practices.” Continue reading

Matterport revenue grows, losses improve during Q2

Total revenue grew to $42.2 million during the second quarter of 2024, up from $39.6 million the previous year, as the company worked to increase its market share. Continue reading

Moreland Properties, Kumara Wilcoxon take top Golden I honors

Sotheby’s International Realty’s Wilcoxon was named top luxury agent Tuesday. Moreland took top brokerage and Jones Fridman International & Associates was named top luxury team at ICLV. Continue reading

CoStar Group revenue rises in Q2 as Homes.com bookings hit $55M

CoStar Group’s revenue grew 12 percent year over year to $678 million, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of websites increased 73 percent year over year to 148 million monthly average unique visitors. Continue reading

Matterport teams with FBS in first partnership since CoStar purchase

The deal will allow Matterport tours to accompany listing pages, with the dimensions and square footage of each property autofilled in a bid to reduce the risk of faulty data entry, executives say. Continue reading

Zillow partners with Moody’s on multifamily rental data

The partnership will give larger multifamily rental operators access to Moody’s data on topics such as rents, vacancies and inventory. Continue reading