Move also increased its revenue 1% annually to $552M. The company attributed the growth to Realtor.com’s Zillow partnership and increased premium lead generation sales
Kelman said it was a tough decision to sell, but one that ultimately will empower the company to better compete with portal giants like Zillow, Realtor.com and Homes.com
Costar, parent company of Homes.com, says Zillow is displaying thousands of images that are CoStar property — an act described in the complaint as 'willful, mass infringement'
CoStar reported net profit of $6.2M in Q2, down from $19M in Q2 2024
Opinion
Team leader Carl Medford writes that Zillow's brokerage license and algorithmic pricing suggestions could be setting it up for a legal showdown that threatens its entire business model
Opinion
Real estate pros have let tech platforms and restrictive policies chip away at agent value for too long, coach Darryl Davis writes. Let the people who earn the listing own the lead
Opinion
While we’ve been distracted by policy fights, lawsuits and finger-pointing, Zillow has executed a master plan to become the dominant force for real estate needs, coach Darryl Davis writes
The effort to dismiss the case comes following a settlement between Move and Realtor.com's former head of News & Insights, who was accused of accessing documents while at Homes.com
On the same day Redfin inked a new $100M partnership to syndicate Zillow rental listings in multifamily buildings, the company said it would eliminate approximately 450 positions
Which 2 top stories of 2024 will advance to the finals? Inman readers cast their votes today to weigh in on the most consequential stories of the year
Mike DelPrete analyzes that near-monopoly the most prominent portals have in their markets and how that translates into pricing power
The companies that can afford to, including Zillow, are aggressively growing MLO headcount in order to capture future market share, Mike DelPrete writes
In a LinkedIn post Tuesday, Dwiggins claimed brokerage leaders fighting to repeal the pocket listing rule are concealing an agenda to hoard listings, recruit agents and generate internal leads
Portals remain some of the most profitable businesses in real estate, while brokerage company profitability is more business model-dependent
At Inman Connect Las Vegas, Redfin CEO Glenn Kelman described an increasingly complicated commission landscape and the shift brokerages and portals must make