Rupert Murdoch’s REA Group eyes UK’s biggest real estate portal

Murdoch’s Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK’s largest real estate portal. Continue reading

Ex-Move staffer accessed dozens of disputed files at CoStar: Experts

James Kaminsky, a former Realtor.com editor accused of taking trade secrets with him to CoStar, transferred access to at least 40 documents two days before he left the job, according to legal filings. Continue reading

Realtors file suit against Move, NAR over ‘fake leads’ scheme

Eight Realtors are seeking class action status in their lawsuit against Realtor.com for allegedly selling unvetted and fraudulent buyer and seller leads. This is the third lawsuit against Realtor.com and parent company Move over its lead gen business. Continue reading

Where listings are bouncing back — and where they’re not: Intel

Agents are having very different experiences in the Midwest compared to the coastal South. Intel breaks down two years of Realtor.com data to get to the bottom of this split market. Continue reading

On Realtor.com’s hottest ZIP codes list, the Midwest reigns supreme

Affordability and a plethora of amenities vaulted Gahanna, Ohio, to the top of Realtor.com’s 2024 hottest ZIP codes list. ZIP codes in Missouri and Indiana made the list too as out-of-state homebuyers search for a good deal. Continue reading

Realtor.com revenue drops 2% as traffic, lead volume remain flat

Realtor.com parent company Move Inc. saw its fiscal Q4 revenue decrease 2 percent yearly to $143 million as traffic to the site stalls at 74 million average monthly unique visitors. Continue reading

ICYMI at Inman Connect Las Vegas: Broker edition

Discover key brokerage takeaways from Inman Connect Las Vegas that will help you enhance you practices, leverage technology and navigate the evolving real estate landscape. Continue reading

Realtor.com CEO: Take Homes.com claims with a grain of salt

In his second Inman Connect appearance of the year, Realtor.com CEO Damian Eales addressed an intensifying rivalry with Homes.com and what his company is doing to lead the charge on preserving buyer agency amid upcoming commission changes. Continue reading

CoStar CEO: We’re focused on ‘selling the house’

Andy Florance suggested rival portals are more interested in selling leads than houses and called a lawsuit against his company a “PR stunt.” Continue reading

Judge rules in favor of CoStar, grants expedited discovery

California District Judge George Wu granted CoStar’s request for an expedited discovery in Move’s theft of trade secrets lawsuit against the portal. Both parties have until Aug. 5 to agree on the terms of the discovery. Continue reading