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

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