Gains and losses amid market shifts: Q2 2024 earnings
The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, here's the breakdown of who's up and who's down
by Jessi Healey Aug 15
Matterport exec alleges she was fired for raising business concerns
Former sales executive Vinatha Kutagula filed a lawsuit in California alleging 'she was pushed out of the company because she raised concerns about illegal and unethical practices'
by Taylor Anderson Aug 7
Matterport revenue grows, losses improve during Q2
Total revenue grew to $42.2M during Q2 2024, up from $39.6M the previous year, as the company worked to increase its market share
Matterport appeals stock-lock ruling that awarded ex-CEO $79M
Matterport appeals lower court ruling that awarded $79M to former CEO Bill Brown over rules that prevented him from selling his shares when the company went public
by Taylor Anderson Jul 30
Moreland Properties, Kumara Wilcoxon take top Golden I honors
Sotheby’s International Realty's Wilcoxon was named top luxury agent Tuesday. Moreland took top brokerage and Jones Fridman International & Associates was named top luxury team at ICLV
by Daniel Houston Jul 30
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
Matterport teams with FBS in first partnership since CoStar purchase
The deal will allow Matterport tours to accompany listing pages, with the dimensions and square footage of each property autofilled in a bid to reduce the risk of faulty data entry, executives say
by Craig C. Rowe Jul 2
Zillow partners with Moody's on multifamily rental data
The partnership will give larger multifamily rental operators access to Moody's data on topics such as rents, vacancies and inventory
by Jim Dalrymple II Jun 26
My neighbor's house won't sell. Virtual staging would help
On the market well past the median time frame, virtual staging could do a lot to help my neighbor's listing agent land a commission before the agreement ends
by Craig C. Rowe Jun 22
Ex-Matterport CEO wins $79M stock-lock suit against 3D tour biz
William Brown, who served as CEO of the company through 2018, is entitled to damages after Matterport prevented him from selling all of his shares when the company went public in 2021
by Taylor Anderson May 30
'It's an arms race': How portals are adapting to the commission crunch
The upending of NAR's cooperative compensation rule is a double-edged sword for Zillow and its rivals, experts told Inman. These are the tools and tactics they're adopting to suit the moment
by Marian McPherson May 28
Here's who sank and who soared in Q1 2024 earnings
Real estate’s Q1 earnings are in. From CoStar’s revenue surge to Opendoor’s slump, we have all of the highs and lows
by Jessi Healey May 9
Matterport trimmed losses in the months before CoStar purchase
The company's net loss was 36% less than in 2023, according to Matterport's earnings from the quarter. Revenue rose 5% for the quarter
by Taylor Anderson May 6
In the wake of Matterport's sale, digital twin options are plentiful
The sale of the most popular digital twin creator should pump some much-needed adrenaline into the space, and the options are many
by Craig C. Rowe Apr 26
Growing real estate portal Movoto inks exclusive GreatSchools deal
The deal will make Movoto the sole provider of some GreatSchools data. It also comes as portals compete to differentiate themselves
by Jim Dalrymple II Apr 25