Real estate portal strength provides outsized pricing power
Mike DelPrete analyzes that near-monopoly the most prominent portals have in their markets and how that translates into pricing power. Continue reading
Mike DelPrete analyzes that near-monopoly the most prominent portals have in their markets and how that translates into pricing power. Continue reading
The portal wars in the UK are heating up, as CoStar-owned portal OnTheMarket (OTM) fights accusations of using “misleading” traffic data to dethrone competitor Zoopla as the second-most trafficked home search site in England, Scotland, Wales and Northe… Continue reading
While portals spend billions to win their wars, Mike DelPrete questions whether it’s possible for anyone to win on the ultimate metric: revenue. Continue reading
The amended complaint reiterates the allegation that Move “incurred costs exceeding $5,000 as a result of Mr. Kaminsky’s unauthorized access to Move’s protected computer systems” and adds details regarding those damages. Continue reading
Zillow releases a new “BuyAbility” tool it says helps consumers find homes they can actually afford to buy after accounting for more variables. Continue reading
Realtor.com selected Rental Beast to power an online rental application, lease processing and applicant experience initiative, making a strong statement about the impact of renters on the current market. Continue reading
As the new year approaches, bringing fresh resolutions, it also ushers in innovations poised to shape modern homes. In a recent report, Zillow shared data-driven predictions for trends that will blend technology with comfort, sustainability and climate… Continue reading
The National Advertising Division on Friday denied CoStar’s challenge to Realtor.com’s “No. 1 site real estate professionals trust” tagline. CoStar said it’s based on outdated data. NAD disagreed. Continue reading
Seattle-based brokerage and portal Redfin’s third-quarter revenue grew 3 percent year over year to $278 million. However, the company’s net losses ballooned 77.8 percent, according to Thursday’s earnings. Continue reading
Move’s overall revenue dipped 1 percent between July and September, while revenue from its real estate business — including Realtor.com — dropped 4 percent, according to Q3 earnings data released Thursday. Continue reading