Tag Archives: portal wars

CoStar plans to slash spending on Homes.com through 2030

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After investing heavily to create a fourth competing major real estate search portal, CoStar said Wednesday that it would cut spending on Homes.com by 35 percent this year. Continue reading →

Analyst: Portals like Zillow face ‘long-term risk’ from Google real estate experiment

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Google is displaying real estate listings as search results in some markets — prompting questions about IDX violations and analyst speculation about risks to the portals. Continue reading →

Zillow stalemate with Chicago’s MLS looks like it’s coming to a head

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In a weekend email to its members, Chicago’s MRED MLS warned that Zillow had been contacting subscribers to say there may be “disruptions” starting in the new year. Continue reading →

Zillow’s SkyTour uses complex 3D tech to simplify home search

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Zillow Skytour has been released and relies on an obscure 3D capture technology called Gaussian splatting to offer navigable aerial home views. Continue reading →

Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’

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The luxury broker also said a fixed-rate 50-year mortgage would provide “massive value” to consumers, and expressed exasperation over the volume of industry litigation today. Continue reading →

Realtor.com’s FlyAround offers a bird’s-eye view of the market

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FlyAround is an update to Realtor.com listings, in partnership with TopHap and Google Maps, that provides low-altitude satellite views. Continue reading →

CoStar CEO Andy Florance says in earnings call Zillow is ‘under siege’

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CoStar Group released its Q3 earnings on Tuesday. Florance used the opportunity to deliver harsh criticism of rival Zillow, and outlined his competitive plan. Continue reading →

Realtor.com parent goes after its own virtual tour target amid battle with CoStar

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Australia’s REA Group, owned by News Corp and a 20 percent stakeholder in Realtor.com, has acquired 3D tour technology company Planitar, echoing the 2024 sale of Matteport to Homes.com parent CoStar. Continue reading →

Zillow removes Matterport 3D home tours from its sites

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The portal notified agents on Monday that CoStar declined to renew Matterport’s API agreement with Zillow, leading the portal remove Matterport 3D tours from its sites. Continue reading →