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

Realtor.com is gaining on competing portals despite decline in users, owners say

Average monthly unique users to Realtor.com sites fell 6.5 percent compared to the prior year as lead volume also slid 1 percent. Company said it had to 72 million average unique monthly users in the most recent quarter. Continue reading

Realtor.com is working with OpenAI to chase the portal crown

News Corp CEO Robert Thomson said the partnership with the ChatGPT-maker is a vital growth lever for Realtor.com and its parent company, Move Inc., and will help create a one-of-a-kind home search experience. Continue reading

CoStar advances talks to purchase REA Group competitor Domain

CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nine’s target price is AUD 2.79 billion. 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

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

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