CoStar Group posts rising revenue as Homes.com grows in Q1

Revenue grew by 12 percent to $732 million, and the Homes.com salesforce expanded to 370 people on the way to a goal of 500 reps, according to quarterly earnings data released Tuesday. Continue reading

Delayed Marketing Exempt Listings vs. portals: Who’s right?

Real estate brokers need flexible business options to meet people where they are and help them make the decisions that work for their unique circumstances, Cara Ameer writes. Continue reading

Zillow Showcase listings get marketing bump with analytics

Available to agents whose sellers’ properties are leveraging Showcase, the insights dashboard is designed with transparency in mind, allowing agents to unravel which home features may be leading to more online attention. Continue reading

Zillow Showcase listings get marketing bump with analytics

Available to agents whose sellers’ properties are leveraging Showcase, the insights dashboard is designed with transparency in mind, allowing agents to unravel which home features may be leading to more online attention. Continue reading

CoStar’s Florance: New Zillow rule ‘hijacks your leads for profit’

CoStar founder and CEO Andy Florance takes Zillow to task for its new listings policy, calling it anti-consumer and anti-agent. Continue reading

Move, Inc. moves to dismiss trade secrets case against CoStar

The effort to dismiss the case comes following a settlement between Move and Realtor.com’s former head of News & Insights, who was accused of accessing documents while at Homes.com. Continue reading

Top 10% of agents control nearly half of all listings as pay gap widens

Top agents are winning a greater share of listings in the wake of NAR’s commission settlement last year, with high-performers holding 42.64 percent of all listings, new data from tech firm Relitix shows. 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

Leads, conversions and value amid the portal wars: DelPrete

Despite arguments about traffic, industry expert Mike DelPrete writes, the bottom line for the portal wars comes down to revenue. Continue reading