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
Move renews legal battle against CoStar in amended complaint
The amended complaint reiterates the allegation that Move 'incurred costs exceeding $5K as a result of Mr. Kaminsky's unauthorized access' and adds details regarding those damages
by Lillian Dickerson Nov 22
CoStar loses National Advertising Division challenge against Move
The National Advertising Division on Friday denied CoStar's challenge to Realtor.com's 'No. 1 site real estate professionals trust' tagline. CoStar said it's based on outdated data. NAD disagreed
by Marian McPherson Nov 8
Realtor.com parent Move sees revenue inch down in Q3
Move's overall revenue dipped 1% between July and September, while revenue from its real estate business — including Realtor.com — dropped 4%, according to Q3 earnings data released Thursday
by Jim Dalrymple II Nov 7
Mortgage segment stands tall as Zillow posts revenue growth in Q3
Zillow tallied $581M in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal's mortgage business hit $39M, a 63% increase from 2023
by Jim Dalrymple II Nov 6
CoStar Group clinches another victory in theft of trade secrets suit
A California judge on Monday dismissed a pair of Move's computer fraud claims against CoStar Group and a former Realtor.com editor accused of stealing trade secrets
by Marian McPherson Oct 30
CoStar acquires management platform Visual Lease
Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar's core commercial real estate business
by Jim Dalrymple II Oct 22
CoStar revenue reaches $693M in Q3 as Homes.com traffic grows
CoStar Group's revenue grew 11% year over year, to $693M, while monthly average unique visitors for the Homes.com Network of sites reached 130M, according to Q3 earnings results on Tuesday
by Marian McPherson Oct 22
Rupert Murdoch's REA Group calls it quits on Rightmove acquisition
News Corp.-subsidiary REA Group announced on Monday it had given up on its quest to purchase Rightmove after its fourth offer of $8.3B was rejected by the UK portal's board of directors
by Marian McPherson Sep 30
Move class-action lawsuit shines harsh light on network's paid leads
Disconnected phones, undeliverable emails and presumed scams have all become more common, customers of Move's network of companies told Inman in the wake of the Aug. 23 class-action suit
by Marian McPherson Sep 23
CoStar touts forensic evidence in new filing against Move
On Wednesday CoStar asked the court to deny Move's amended preliminary injunction due to forensic data allegedly proving Move-owned files were never shared with the company
by Marian McPherson Sep 5
Rupert Murdoch's REA Group eyes UK's biggest real estate portal
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
by Taylor Anderson Sep 3
Jeremy Wacksman on becoming CEO, leading Zillow into a new era
A week after being named CEO, Wacksman shared what it's like to take the baton from Zillow co-founder Rich Barton, the power of technology and the role portals play in a post-settlement world
by Marian McPherson Aug 26
Redfin lays off nearly 100 Redfin Concierge service employees
Seattle-based brokerage and portal Redfin laid off almost 100 Redfin Concierge support and sales managers on Thursday. The company said agents will now take the lead on Concierge services
by Marian McPherson Aug 22
Zillow Q2 revenue exceeds expectations, grows 13% to $572M
Better-than-expected residential segment bolstered Seattle-based portal's Q2 performance, which saw growing revenues, slimming losses as it zeroes in on 'fully-integrated' homebuying
by Marian McPherson Aug 7