Thanks to Zillow's commute time search filter, homebuyers can easily find listings anywhere from 10 to 60 minutes away from their job. The filter is available on Zillow's mobile app
California-based, 'multi-sided' residential portal Realoq has expanded to Florida, Georgia and North Carolina. The company raised $3M in seed funding in 2023
After 10 years, Dave Mele has left Homes.com to pursue other opportunities. Mele was instrumental in CoStar Group's acquisition of the company in 2021 for $156M
Matterport's board of directors unanimously approved the deal, to be finalized later this year. CoStar purchased its outstanding stock for $5.50 per share, reflecting an equity value of $2.1B
Despite all the talk of alternative revenue streams, Zillow's latest money-making strategy is raising the price of its agent-based lead-gen offering
The real estate brokerage and tech platform is accelerating cost cutting after posting a $6M third-quarter loss, with revenue up 10.2% to $111.3M and agent count up 33% to 9,991
'Their business will benefit their customers, colleagues and communities, not just themselves and their other shareholders,' said Redfin CEO Glenn Kelman
There is one significant risk — an achilles heel — to portals: They don’t control their inventory
The company is offering agents a 30% reduction on billing or the opportunity to push their contract a month
The real estate listings portal introduced a new scoring system to rate noise from traffic, airports and local sources
Leads from listings go straight to real estate pros
User-generated platform to launch this year
Exec cites lack of a 'good fit' after Yardi Systems acquisition