Realtor.com revenue drops 6% as traffic growth remains flat
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
by Marian McPherson May 8
Realtor.com CEO delivers full-throated speech in support of NAR
Realtor.com CEO Damian Eales took to the podium on Monday at the MLS Forum of the Realtors Legislative Meetings to refute rival CoStar's earlier claims about Homes.com's growing traffic
Realtor.com campaign makes pitch for buyer representation
The campaign will roll out across print and digital media and comes against the backdrop of commission disruption and intense competition among portals
by Jim Dalrymple II Apr 18
Homes.com gets analyst boost amid 567% annual traffic spike
CoStar Group's residential portal is having a stellar week as a February traffic boost and NAR's proposed commission settlement encouraged analysts to upgrade their outlook on the company
by Marian McPherson Mar 19
Move Inc. sees 13% revenue decline as Realtor.com traffic improves
The Realtor.com parent company saw revenue decline 13% to $127M in the fiscal 2nd quarter. Mobile and website annual traffic growth remained flat, improving from Q1's 12% loss
by Marian McPherson Feb 12
Realtor.com CEO 'loves' heated competition with Homes.com
Realtor.com CEO Damian Eales addressed the traffic rivalry with Homes.com and why competition is good for agents and consumers
by Marian McPherson Jan 25
'Grow, grow, grow': Realtor.com's plan to come out swinging in 2024
Realtor.com is ramping up its competition with rival portals heading into the new year as it rolls out enhanced listing-focused products for agents, CMO Mickey Neuberger told Intel exclusively
by Daniel Houston Dec 13
Buckle up for the 2024 portal war
Expect the portal wars to go into overdrive in 2024, with CoStar Group leading an ambitious effort to unseat Zillow as the country's top real estate portal, technology advisor Mike DelPrete writes
by Mike DelPrete Dec 6
Real estate CEOs: Big impact from commission suits 'improbable'
The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don't anticipate major disruptions
by Jim Dalrymple II Nov 17
Realtor.com suffers double-digit drop in quarterly revenue, traffic
Realtor.com parent company Move Inc.'s revenue declined 16% to $142M in the fiscal first quarter. Despite the loss, CEO Robert Thomson remained bullish about the portal's long-term prospects
by Marian McPherson Nov 9
Realtor.com chief: Buying without an agent was 'terrifying'
Damian Eales lauded the American system of having agents representing buyers and sellers, but said that change is likely coming thanks to lawsuits and the DOJ
by Jim Dalrymple II Nov 2
The internet fell hard for real estate in 2021. But can the love affair last?
Nearly 3 years after 'Saturday Night Live' declared 'real estate is your sex now' in a popular Zillow parody, mind share around the industry is sagging, according to an Intel analysis of traffic data
by Jim Dalrymple II Aug 23
Despite Q2 decline, Realtor.com says it's ready to take on CoStar
Realtor.com parent company Move's quarter and yearly revenues have slipped, with the company bringing in $602M for the full year. But despite struggles, News Corp's CEO is confident in the brand
by Marian McPherson Aug 10