Real estate ‘fastest revenue growth segment,’ says News Corp. CEO

News Corp, the parent company of Move’s realtor.com and Australia-based REA Group, reported Wednesday that its revenue grew to $2.52 billion, a 23 percent increase year-over-year. Continue reading

Breaking down the numbers: The true cost of opening a brokerage

Luke Monroe, the CEO and broker-owner of Kendrick Realty, shared with Inman his own recent experience opening his brokerage’s third office in California. Continue reading

A buyer’s market may be a boon for Zillow, realtor.com and portals

For Veronica Figueroa, a broker and owner of RE/MAX Innovation in central Florida, a buyer’s market will require agents to connect on a more human level. And she too saw digital advertising as a place to spend money making that happen. Continue reading

The longest housing inventory slump in history is over

After four straight years of declines, the nation’s longest inventory slump in history has finally come to an end, according to the latest data from realtor.com. Housing inventory was up 2 percent – or 25,000 listings – October 2018, versus October of … Continue reading

Why Zillow has the advantage over KW, Rocket Homes and others

Zillow benefits from practically unbeatable network effects in the consumer space. Both of these moves ignore basic strategic principles of playing to your strengths and picking battles you can win. Continue reading