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

Rupert Murdoch’s REA Group calls it quits on Rightmove acquisition

News Corp.-subsidiary REA Group announced on Monday it had given up on its quest to purchase Rightmove after its fourth offer of $8.3 billion was rejected by the UK portal’s board of directors. Continue reading

Murdoch’s REA Group makes another bid for UK’s Rightmove

Sydney-based News Corp subsidiary REA Group has made a third bid for UK portal Rightmove. The company offered $8.1 billion for Rightmove on Monday — a 10 percent increase from its first offer. Continue reading

UK portal Rightmove rejects bid from Rupert Murdoch’s REA Group

UK portal Rightmove’s board of directors has unanimously rejected News Corp subsidiary REA Group’s $7.32 billion acquisition bid, saying it “fundamentally undervalues” the company’s current and future prospects. Continue reading

Ex-Move staffer accessed dozens of disputed files at CoStar: Experts

James Kaminsky, a former Realtor.com editor accused of taking trade secrets with him to CoStar, transferred access to at least 40 documents two days before he left the job, according to legal filings. Continue reading

Realtor.com revenue drops 2% as traffic, lead volume remain flat

Realtor.com parent company Move Inc. saw its fiscal Q4 revenue decrease 2 percent yearly to $143 million as traffic to the site stalls at 74 million average monthly unique visitors. Continue reading

Realtor.com CEO: CoStar made ‘deceptive and misleading’ claims

Damian Eales told Inman his company is focused on providing high-quality leads and has plans to further leverage the network of its parent company, News Corp. Continue reading

Realtor.com revenue drops 6% as traffic growth remains flat

Realtor.com parent company Move Inc. saw its fiscal third-quarter revenue decrease 6 percent yearly to $132 million as traffic to the site stalls at 72 million average monthly unique visitors. Continue reading

Realtor.com CEO delivers full-throated speech in support of NAR

Realtor.com CEO Damian Eales took to the podium on Monday at the MLS Forum of the Realtors Legislative Meetings to refute rival CoStar’s earlier claims about Homes.com’s growing traffic. Continue reading

Realtor.com CEO delivers full-throated speech in support of NAR

Realtor.com CEO Damian Eales took to the podium on Monday at the MLS Forum of the Realtors Legislative Meetings to refute rival CoStar’s earlier claims about Homes.com’s growing traffic. Continue reading