CoStar Group revenue rises in Q2 as Homes.com bookings hit $55M
CoStar Group's revenue grew 12% YOY to $678M, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of sites increased 73% YOY to 148M monthly average unique visitors
by Marian McPherson Jul 23
Yvonne Mortimer rejoins Baird & Warner in broker development role
Yvonne Mortimer has rejoined Baird & Warner after a 2-year stretch at Berkshire Hathaway HomeServices Chicago, the company announced Wednesday
by Richelle Hammiel Jul 19
These 12 real estate startups will vie for $15K at NAR's 'Pitch Battle'
The contestants, several of which are powered by AI, offer 3D-printed homes, a tool to identify at-risk homes and mortgage loan readiness assistance, among other products
by Andrea V. Brambila Jul 19
Austin Allison and Pacaso are coming for the masses
The Pacaso CEO peels back the curtain on his company’s evolution to a new chapter as it buys more houses in more markets at lower prices
by Taylor Anderson Jul 15
A picture of a multi-unit building to symbolize multifamily real estate market
By identifying a niche market and connecting with renters there, multifamily investors can build a successful business while providing renters with what they seek most, Michael Zaransky writes
by Michael Zaransky Jul 11
Suburban Chicago homeowner hit with $30K property tax bill in error
Homeowner Darryl Lloyd was stunned to receive an errant property assessment of more than $1M from assessors, causing his bill this year to skyrocket from $1,800 to a whopping $30K
by Richelle Hammiel Jul 9
Kevin Sears opens up about NAR, the DOJ and a hectic year of travel
In his 6 months as president, Sears has racked up time in Washington with the DOJ, focused on the trade organization's future and traveled — a lot. He shared his takeaways with Inman ahead of ICLV
by Taylor Anderson Jul 9
12 potential pivot points for buyers planning to represent themselves
Bi-coastal luxury agent Cara Ameer says these thoughtful points can pivot DIY buyer prospects into loyal lifelong clients
by Cara Ameer Jul 2
Compass, eXp, Redfin and others file joint motion to dismiss Batton 2
Defendants in the buy-side case, which also includes Weichert Realtors and United Real Estate, say the claims lack standing, are untimely and an attempt to 'parrot' arguments made in Batton 1
by Lillian Dickerson Jun 26
$25M real estate team RR Galaxy joins Keller Williams in Naperville
Naperville, Illinois-based team RR Galaxy has joined Keller Williams, it was announced Friday. The 4-person team has closed more than $74 million in sales over the past 2 years, executives said
by Marian McPherson Jun 21
Former NAR employee seeks $1M in new lawsuit alleging retaliation
Roshani Sheth, a former product manager for the Realtors Information Network, filed suit after an Equal Employment Opportunity Commission probe into her racial and sexual harassment claims
by Taylor Anderson Jun 20
Report documents culture of harassment at Guaranteed Rate
A 'Chicago Tribune' investigation included accounts from former employees who described incidents of sexual harassment, misogyny and bullying
by Taylor Anderson Jun 17
Andy Florance talks Homes.com, the fallacy of 'pure buyer agency'
CoStar Group founder and CEO Andy Florance shares the next chapter of Homes.com's $1B marketing push, the fallacy of 'pure buyer agency' as portals recalibrate for a commission crunch
by Marian McPherson Jun 17
National rents hit highest level since 2022 despite more inventory
The median United States asking rent rose 0.8% year over year in May to $1,653, the highest it's been since October 2022, according to data from Redfin
by Ben Verde Jun 11
Microsoft removes portal data from Bing Real Estate after outcry
4 days after Bing Real Estate came under fire for its alleged co-opting of listing data from Zillow, Redfin and Realtor.com, Microsoft has removed for-sale listing data from its site
by Marian McPherson Jun 7