Redfin’s Glenn Kelman spills details on bittersweet transition to Rocket

Kelman said it was a tough decision to sell, but one that ultimately will empower the company to better compete with portal giants like Zillow, Realtor.com and Homes.com while continuing to focus on customer service. Continue reading

Realtor.com CEO is ready to ‘turn off’ Clear Cooperation debate

At Inman Connect San Diego, Realtor.com CEO Damian Eales said it’s time to turn the page on Clear Cooperation and focus on solving issues that will improve consumers’ main challenge — affordability. Continue reading

Andy Florance declares victory in portal wars, says Homes.com is ‘now No. 1’

“We’re not competing against either Realtor or Zillow for customers. We are doing something completely different. In essence, we are now No. 1 at that,” Andy Florance said onstage at Inman Connect San Diego. Continue reading

Homes.com just signed up thousands of agents, sold scores of ‘boosted’ listings

CoStar reported net profit of $6.2 million in the second quarter, down from $19 million in Q2 2024, as it sought to gain market share. Continue reading

Agents find marketing magic in low-ball asking prices

The share of $1 listings has risen 24 percent since 2024, according to Realtor.com. Inman spoke to an agent about the upside — and downside — of the tactic. Continue reading

Here’s what a Redfin data journalist learned from taking a $25K bath on the sale of his house

Senior data journalist Mark Worley co-authored a new Redfin report showing that roughly 6 percent of U.S. homesellers are at risk of selling at a loss. The analysis hit close to home — he and his wife just did exactly that, selling their St. Louis home… Continue reading

Zillow slams Compass’ ‘hidden listing scheme’ in new court filing

The portal giant countered arguments Compass had made in its complaint alleging antitrust activity and more, and asked the court to deny a request for a preliminary injunction that would prevent enforcement of Zillow’s new listing standards. Continue reading

Homes.com sent direct mailers to sellers across the country asking them to pay to ‘boost’ their homes

Many agents have gathered in online forums to criticize the mailers as “unethical.” But Homes.com’s parent company says most agents are fine with them. Continue reading