MLS chief: Brokers ‘talking out of both sides of their mouth’ on consolidation demands

Canopy MLS CEO Anne Marie DeCatsye, Realtor.com CEO Damian Eales and NextHome CEO James Dwiggins talked about consolidation, data transparency and why a national MLS isn’t the answer to the industry’s problems. Continue reading

Zillow’s Errol Samuelson hits back at Compass

Samuelson said on Tuesday that Compass CEO Robert Reffkin was not “truthful” and took issue with the way Compass has defined a polarizing Zillow listing rule. Continue reading

Zillow files shed light on how it viewed Compass’ technology

Court documents show how Zillow saw potential threats to its growth in the technology Compass was building for both agents and consumers. Continue reading

Investor drama fuels new front in the portal wars: The Download

From upheaval in the portal landscape to the ongoing controversy around private listings, debates over access, control and cooperation intensified last week. Continue reading

Zillow terminates approximately 3% of staff (but it’s not shrinking)

The company said the terminations were performance-based and part of its typical annual review process. Zillow has open roles for approximately the same number of employees. Continue reading

Zillow announces expanded brand approach in response to home affordability challenges

Zillow announced on Thursday the launch of a new platform, campaign and tagline called “Someday Starts Today,” which is “designed to support people at every stage of the home journey.” Continue reading

Homes.com isn’t going anywhere, CoStar says in response to investor

A day after a prominent hedge fund investor launched a hostile takeover bid of CoStar’s board over concerns about the real estate portal, CoStar doubled down on its Homes.com strategy. Continue reading

When ‘off-market’ becomes the default, who really benefits?

Maybe the MLS isn’t perfect, broker Dennis Norman writes, but it’s still the only tool we have that puts listings in front of everyone, not just the ones invited behind the curtain. Continue reading

Investor calls CoStar’s residential project a ‘fiasco,’ slams Homes.com spending

A major New York hedge fund has called on CoStar to divest or shut down its residential real estate business after heavy spending on Homes.com. Continue reading

Here’s a 5-step plan to fix the IDX mess and implement real reform

A lot of people treat IDX reform like it is an agent compensation issue, Josh Ries writes, but it’s a consumer clarity issue that turns into an agent compensation issue. Continue reading