Realtor.com reports growth as parent CEO calls rival Homes.com ‘at least a fixer-upper’

Realtor.com’s parent company saw revenue increase 10 percent year over year. The CEO of the firm that owns the portal took the opportunity to call rival Homes.com a potential “knockdown.” Continue reading

Redfin spices up Super Bowl Sunday with $1M home hunt

The Super Bowl LX-adjacent game will prompt Redfin app users with six clues starting around 8 p.m. ET on Sunday to locate and win a $1 million home featured in a Rocket and Redfin commercial. Continue reading

2nd CoStar investor urges giving up on Homes.com amid losses

New York City-based hedge fund D. E. Shaw & Co. on Wednesday criticized the board’s “reckless” spending on the portal while continuing to push back its timeline for profitability. It also called into question CEO Andy Florance’s generous cash and … Continue reading

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