Tag Archives: portals

CoStar Group looks to hire 1K employees in 2025

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CoStar Group announced plans on Monday to add 1,000 new employees to its Richmond, Virginia, campus. The hiring push also comes with cuts to a number of unspecified teams. Continue reading →

CoStar makes bid to buy REA Group classifieds rival in Australia

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CoStar is eying Australian real estate classifieds firm Domain for a rumored $2.7 billion. The purchase would put it toe-to-toe with News Corp, which owns REA Group, Australia’s largest classifieds firm. Continue reading →

CoStar Group posts 55th-straight quarter of revenue growth in Q4

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Virginia-based portal CoStar Group grew its revenue 11 percent in Q4, to $709 million, executives said Tuesday. Traffic to Homes.com Network remained steady, with 110 million average monthly unique visitors. Continue reading →

EXp CEO answers 10 questions on CCP, MLS and transparency

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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

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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

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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

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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

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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

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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

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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 →