Zillow called it the ‘open market,’ then buried consumers and MLSs

The tragedy isn’t that the MLS got disrupted, Amit Kulkarni writes. Disruption was inevitable given decades of inaction. The tragedy is what replaced it. Continue reading

CoStar spars with investor amid ongoing battle over Homes.com

Investment firm D.E. Shaw said that CoStar had changed the way it reported the performance of Homes.com amid questions about the portal’s future. Continue reading

Reffkin finally crafts a national MLS idea that his critics might support

Agents and leaders have long been skeptical of Compass’ bid to disrupt local MLSs. But the latest proposal might have legs, according to an Intel Index survey. Continue reading

CoStar continues defense of Homes.com strategy

CEO Andy Florance said Homes.com has the winning short- and long-term strategy after revealing that the company kept adding paid members in 2025. Continue reading

Zillow moves to quash Flex class-action lawsuit

In the motion to dismiss, Zillow claimed the plaintiffs failed to provide proof of consumer deception, inflated commission costs or that Flex agents forced buyers to get Zillow Home Loans. Continue reading

CoStar lays off staff amid drastic Homes.com cost-cutting campaign

The company has vowed to slash over 35 percent of its spending on Homes.com after years of attempting to build a fourth major real estate listings search portal. Continue reading

CoStar continues Homes.com defense amid investor pushback

The parent company of the Homes.com real estate portal said the “investment phase” is over, and that selling or abandoning the site would be premature. Continue reading

Redfin CEO Glenn Kelman is stepping down from the company

After 20 years as CEO of one of the largest companies in real estate, Kelman says he now plans to find a role outside of the industry. Continue reading

Google just entered real estate, but the real shift isn’t about listings

The next era of real estate won’t be won by whoever displays homes best, Molly McKinley writes. It will be won by whoever understands buyer intent most deeply. Continue reading

Analyst: Portals like Zillow face ‘long-term risk’ from Google real estate experiment

Google is displaying real estate listings as search results in some markets — prompting questions about IDX violations and analyst speculation about risks to the portals. Continue reading