Former Century 21 agent under fire for ‘I hope Trump deports you’ note

Former Century 21 agent Stephanie Lovins is under fire after allegedly writing, “I hope Trump deports you” on a restaurant receipt after growing angry over a coupon, according to reports. Continue reading

News Corp CEO unfazed by CoStar’s bid to buy REA competitor

News Corp CEO Robert Thomson said he’s unbothered by CoStar’s push to enter Australia, touting his company’s media portfolio as a major advantage in pushing traffic to portals without breaking the bank. Continue reading

Offerpad losses mount as iBuyer acquires and sells fewer homes

At $17.3 milllion, Q4 2024 net loss is up 28 percent from the previous quarter, as homes acquired dipped 9 percent to 384, homes sold fell 18 percent to 503, and profits on each sale fell by 24 percent.. Continue reading

CoStar makes bid to buy REA Group classifieds rival in Australia

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

No, the Washington DC housing market isn’t crashing amid layoffs

A social media frenzy suggested government layoffs are tanking the housing market in the nation’s capital. But economists armed with data tell Inman it’s mostly business as usual in D.C. Continue reading

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

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

Zillow eyes rental dominance as segment revenue grows 25% in Q4

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

Robert Reffkin nods to Gary Keller in latest Clear Cooperation critique

Compass CEO Robert Reffkin lays out 10 questions his agents are asking in the wake of NAR’s commission settlement in his latest argument in favor of consumer choice and against CCP. Continue reading

Realtor.com moves headquarters from Santa Clara to Austin, Texas

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

Realtor.com parent Move posts first revenue bump in 10 quarters

Realtor.com parent company Move’s revenues grew 2 percent year over year to $130 million in Q2. However, market headwinds are still suppressing lead volume and traffic growth. Continue reading