Anywhere CEO touts ‘protection’ from commission suit chaos

The Anywhere CEO challenged individual leaders to step up, rather than be dependent on NAR to lobby for the industry in Washington. He added that the most important thing for leaders today are vision and attitude. Continue reading

Redfin CEO: With commissions in peril ‘cooperation may crumble’

Kelman said during virtual Inman Connect on Wednesday that pressure from the bombshell lawsuits and the Department of Justice may ultimately lead to “a different world” than the one that exists today. Continue reading

Zillow sees losses rise in Q2 thanks to ‘tough’ market

The company lost $38 million between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as “crucial,” in a newly published earnings report. Continue reading

Even CoStar doesn’t think it will unseat Zillow, DelPrete argues

For all its bluster, CoStar Group likely doesn’t think it can overthrow Zillow to become real estate’s top portal, Mike DelPrete tells Intel. Here’s what the commercial real estate giant is really after. Continue reading

Team of rivals: Zillow, Redfin unite to share new construction listings

New construction listings on Zillow will now automatically be syndicated to Redfin. The companies believe the partnership will extend the reach of the homebuilders’ listings while aiding consumers. Continue reading

Here’s how CoStar can beat Zillow and win the real estate portal wars

CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel. Continue reading

The portal wars: Can any challenger seize the throne from Zillow?

Zillow has the most traffic, according to an analysis by Intel, but at least one rival is growing rapidly in what one observer compared to a Game of Thrones-style gauntlet run. Continue reading

Realtor.com chief brushes off major Q1 drop in traffic

David Doctorow attributed Realtor.com’s reduced traffic to a slower market and argued that his company’s sites have superior engagement than competitors. Continue reading