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
Charlotte, North Carolina-based Canopy MLS hired Voiceflip, a software company that sells white-labeled AI solutions to the real estate industry
Mike DelPrete analyzes that near-monopoly the most prominent portals have in their markets and how that translates into pricing power
While portals spend billions to win their wars, Mike DelPrete questions whether it's possible for anyone to win on the ultimate metric: revenue
NAR REACH was named Accelerator of the Year by PropTech Outlook, a digital news magazine for the real estate software industry
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
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
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
Murdoch's Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK's largest real estate portal
Portals remain some of the most profitable businesses in real estate, while brokerage company profitability is more business model-dependent
The leading short-term rental platform told investors that its share of revenue grew by 11% to $2.75B in Q2. Travelers made 125.1M total bookings in 3 months
Robert Reffkin said clear cooperation forces homeowners into a system that attaches 'negative insights' to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed
The acquisition will allow Final Offer, a platform for managing and negotiating offers, to provide a 'transparent and straightforward experience when buying and selling a home,' executives said
S&S Christie's International Real Estate, was born through a collaboration with S&S Group, a conglomerate of ultra-luxury companies. Their first office will open in Saigon in June
Realtor.com parent company Move Inc. saw its fiscal Q3 revenue decrease 6% yearly to $132M as traffic to the site stalls at 72M average monthly unique visitors