Top 10% of agents control nearly half of all listings as pay gap widens
Top agents are winning a greater share of listings in the wake of NAR's commission settlement last year, with high-performers holding 42.64% of all listings, new data from tech firm Relitix shows
by Jim Dalrymple II Mar 21
CoStar advances talks to purchase REA Group competitor Domain
CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, 2nd largest real estate classifieds firm in Australia behind News Corp-owned REA Group
by Marian McPherson Mar 20
News Corp CEO unfazed by CoStar's bid to buy REA competitor
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
by Marian McPherson Mar 4
CoStar closes $1.6B Matterport acquisition ahead of schedule
Virginia-based CoStar Group has completed its purchase of spatial mapping company Matterport. The companies expected to finish the deal by the end of March, putting them ahead of schedule
by Marian McPherson Feb 28
CoStar Group looks to hire 1K employees in 2025
CoStar Group announced plans on Monday to add 1K new employees to its Richmond, Virginia, campus. The hiring push also comes with cuts to a number of unspecified teams
by Marian McPherson Feb 27
CoStar Group posts 55th-straight quarter of revenue growth in Q4
Virginia-based portal CoStar Group grew its revenue 11% in Q4, to $709M, executives said Tuesday. Traffic to Homes.com Network remained steady, with 110M average monthly unique visitors
by Marian McPherson Feb 18
Homes.com aims for touchdown with 2 more 2025 Super Bowl ads
CoStar Group is launching Homes.com back into the spotlight on Sunday with a pair of 30-second Super Bowl spots from ad agency RPA starring Dan Levy, Heidi Gardner and Morgan Freeman
by Marian McPherson Feb 7
Filters and links 'are dead' in Andy Florance's portal dream
In his latest Inman Interview, CoStar Group CEO Andy Florance talked about AI transforming residential portals from digital classifieds to highly-personalized home shopping platforms
by Marian McPherson Jan 23
The big players sneakily winning the sluggish 2024 housing market
This year has been tough on real estate. But investors think several major companies have done enough to boost their standing — and box out key competitors
by Daniel Houston Nov 25
CoStar loses National Advertising Division challenge against Move
The National Advertising Division on Friday denied CoStar's challenge to Realtor.com's 'No. 1 site real estate professionals trust' tagline. CoStar said it's based on outdated data. NAD disagreed
by Marian McPherson Nov 8
Realtor.com parent Move sees revenue inch down in Q3
Move's overall revenue dipped 1% between July and September, while revenue from its real estate business — including Realtor.com — dropped 4%, according to Q3 earnings data released Thursday
by Jim Dalrymple II Nov 7
CoStar moves one step closer to securing Arlington HQ
CoStar Group inked a deal with a longtime tenant of its new Arlington HQ. The tenant agreed to downsize to two floors, giving CoStar enough space for the 500 employees moving to the new HQ
by Marian McPherson Nov 4
'Danger Report' sequel lays out 20 'opportunities' for real estate
The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the 3-way agreement and reforming its governance
by Andrea V. Brambila Oct 23
CoStar acquires management platform Visual Lease
Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar's core commercial real estate business
by Jim Dalrymple II Oct 22
CoStar revenue reaches $693M in Q3 as Homes.com traffic grows
CoStar Group's revenue grew 11% year over year, to $693M, while monthly average unique visitors for the Homes.com Network of sites reached 130M, according to Q3 earnings results on Tuesday
by Marian McPherson Oct 22