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

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

News Corp CEO unfazed by CoStar’s bid to buy REA competitor

News Corp CEO Robert Thomson said he’s unbothered by CoStar’s push to enter Australia, touting his company’s media portfolio as a major advantage in pushing traffic to portals without breaking the bank. Continue reading

CoStar makes bid to buy REA Group classifieds rival in Australia

CoStar is eying Australian real estate classifieds firm Domain for a rumored $2.7 billion. The purchase would put it toe-to-toe with News Corp, which owns REA Group, Australia’s largest classifieds firm. Continue reading

Realtor.com moves headquarters from Santa Clara to Austin, Texas

Six years after opening an office in Austin, Realtor.com is making the space its new headquarters. The company said it has more than 400 employees in Texas and now plans to add “hundreds more.” Continue reading

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

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

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

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

Inman Connect New York Power Players: Spotlight on the C-Suite 

Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions … Continue reading

Realtor.com parent Move sees revenue inch down in Q3

Move’s overall revenue dipped 1 percent between July and September, while revenue from its real estate business — including Realtor.com — dropped 4 percent, according to Q3 earnings data released Thursday. Continue reading