EXp CEO answers 10 questions on CCP, MLS and transparency

EXp Realty Chief Executive Officer Leo Pareja answers your burning questions on the future of the Clear Cooperation Policy, multiple listing services and serving homebuyers and sellers in 2025. Continue reading

Judges zero in on key question in REX’s appeal against Zillow, NAR

Was Zillow’s policy shift, which led to a January 2021 update, a website update or an agreement with NAR that illegally restrained trade? Judges hear both sides. Continue reading

Zillow CEO lauds remote work as portal reveals plan to slash space

Zillow CEO Jeremy Wacksman said the company expects its leasing costs to drop by about $16 million over the next four years and anticipates earning $26 million in sublease income during the same period. Continue reading

Homebuyers gain leverage as sellers cut prices: Zillow

Prospective homebuyers have a better shot at securing a dream home as sellers continue to lower listing prices, according to a recent analysis by Zillow. Despite persistently high mortgage rates, buyers are capitalizing on these price reductions to neg… Continue reading

Zillow eyes rental dominance as segment revenue grows 25% in Q4

Zillow’s Q4 revenues rose 17 percent annually to $544 million while its rental segment generated $116 million, according to an earnings release Tuesday that included news of a rental partnership with Redfin. Continue reading

Homes.com aims for touchdown with 2 more 2025 Super Bowl ads

CoStar Group is launching Homes.com back into the spotlight on Sunday with a pair of 30-second Super Bowl spots from ad agency RPA starring Dan Levy, Heidi Gardner and Morgan Freeman. Continue reading

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

Appeals court will let DOJ speak in REX case against NAR, Zillow

Attorney Alice A. Wang of the DOJ’s Antitrust Division will appear at oral arguments in the U.S. Court of Appeals for the Ninth Circuit on Feb. 13. Continue reading

Compass launches ‘Compass One’ client portal and dashboard

The new portal went live on Monday as debates over Clear Cooperation have come to a peak. It will allow clients access to Compass exclusives, and to track transactions. Continue reading