CEO Jeremy Wacksman told Inman the portal is focused on “ourselves and what we can control.” Zillow also said Thursday that 80 percent of home transactions involve one of its products Continue reading
Attorneys for Redfin called Compass’ request for documents related to its stalled private listings ban amounted to a “fishing expedition.” A judge later denied Compass’ request. Continue reading
Redfin has put its private listings ban on an indefinite hold. Still, Compass wants documents related to the real estate search portal’s previously announced ban. Continue reading
The agreement comes on heels of Lower’s acquisitions of Neat Labs and Movoto — and takes place as mortgage lenders look to real estate brokerages to win more homebuyers. Continue reading
On this episode of Real Estate Insiders Unfiltered, Rob Hahn and Greg Robertson from the Industry Relations podcast debate what this game-changing merger really means. Continue reading
Rocket Companies has closed its acquisition of Mr. Cooper for $14.2 billion, according to an announcement on Wednesday morning. The final acquisition price is 51 percent higher than the $9.4 billion price tag announced in March, due to Mr. Cooper’s rec… Continue reading
The deal included Zillow paying Redfin $100 million for the ability to host rental listings for buildings with over 25 units. The FTC called the deal an “end run around competition.” Continue reading
The FTC and Department of Justice are expected to scrutinize the impacts of the deal — which would give the merged companies a combined market share of 18 percent Continue reading
The upstart Compass had already grown to the top residential brokerage by sales volume. Now, it’s moving to acquire its chief rival. Continue reading
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