CoStar Group to acquire REA Group competitor Domain for $1.9B
2 months after purchasing a 17% stake in the firm, CoStar Group has reached an acquisition deal of $1.9B. The bid still faces approval from Domain shareholders and Australian officials
by Marian McPherson May 9
Anyone.com
A new software application called 'Anyone' that promises to fully digitize the residential home sale has announced its rollout in the United States
by Craig C. Rowe Apr 30
CoStar makes 'best and final' $1.8B offer for REA Group rival
CoStar Group is one step closer to purchasing Australia's 2nd-largest real estate classifieds firm, Domain. Founder and CEO Andy Florance spent several days in Sydney with Domain's owners
by Marian McPherson Mar 27
CoreLogic overhauls branding and debuts new name: Cotality
Tech firm CoreLogic has announced a new name, Cotality. Leaders say the new moniker better reflects the company's mission to provide comprehensive data and tech support
by Marian McPherson Mar 24
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
6 named to NAR REACH Australia's latest class
REACH now has 285 companies in its ecosystem across its US residential and commercial programs, Israel, Canada, Latin America, the United Kingdom and Australia and New Zealand
by Craig C. Rowe Mar 11
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 makes bid to buy REA Group classifieds rival in Australia
CoStar is eying Australian real estate classifieds firm Domain for a rumored $2.7B. The purchase would put it toe-to-toe with News Corp, which owns REA Group, Australia’s largest classifieds firm
by Marian McPherson Feb 20
Canopy MLS introduces AI assistant Ardi
Charlotte, North Carolina-based Canopy MLS hired Voiceflip, a software company that sells white-labeled AI solutions to the real estate industry
by Craig C. Rowe Jan 29
Real estate portal strength provides outsized pricing power
Mike DelPrete analyzes that near-monopoly the most prominent portals have in their markets and how that translates into pricing power
by Mike DelPrete Dec 2
The portal wars are 'like chess without a checkmate': DelPrete
While portals spend billions to win their wars, Mike DelPrete questions whether it's possible for anyone to win on the ultimate metric: revenue
by Mike DelPrete Nov 25
NAR REACH earns media award
NAR REACH was named Accelerator of the Year by PropTech Outlook, a digital news magazine for the real estate software industry
by Craig C. Rowe Nov 20
Airbnb profit falls in Q3 despite growth in supply and demand
Travelers spent $20.1B on Airbnb in Q3, a 10% increase compared to a year ago, according to earnings results Thursday. Still, a spike in expenses as it seeks to grow overseas cut into profits
by Taylor Anderson Nov 7
Realtor.com CEO Damian Eales urges caution on Clear Cooperation
Eales said the US model of cooperation remains the gold standard — but declined to take a stance on NAR's policy. ‘Beware what you wish for,' he said on Wednesday at Inman Connect Austin
by Taylor Anderson Oct 9
UK portal Rightmove rejects bid from Rupert Murdoch's REA Group
UK portal Rightmove's board of directors has unanimously rejected News Corp subsidiary REA Group's $7.32B acquisition bid, saying it 'fundamentally undervalues' the company's prospects
by Marian McPherson Sep 11