Realtor.com parent Move raises quarterly revenue amid headwinds
Move Inc. grew revenue for the second-consecutive quarter, despite declines in lead volume and suppressed web and mobile traffic at Realtor.com, earnings data released Thursday shows
by Marian McPherson May 8
CoStar advances talks to purchase REA Group competitor Domain
CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, 2nd largest real estate classifieds firm in Australia behind News Corp-owned REA Group
by Marian McPherson Mar 20
News Corp CEO unfazed by CoStar's bid to buy REA competitor
CEO Robert Thomson said he's unbothered by CoStar's push to enter Australia, touting his company's media portfolio as a major advantage in pushing traffic to portals
by Marian McPherson Mar 4
Realtor.com moves headquarters from Santa Clara to Austin, Texas
Six years after opening an office in Austin, Realtor.com is making the space its new headquarters. The company said it has more than 400 employees in Texas and now plans to add ‘hundreds more’
by Marian McPherson Feb 6
Realtor.com parent Move posts first revenue bump in 10 quarters
Realtor.com parent company Move’s revenues grew 2% YOY to $130M in Q2. However, market headwinds are still suppressing lead volume and traffic growth
by Marian McPherson Feb 5
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 CoStar said it's based on outdated data.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
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
Realtor.com revenue drops 2% as traffic, lead volume remain flat
Realtor.com parent company Move Inc. saw its fiscal Q4 revenue decrease 2% yearly to $143M as traffic to the site stalls at 74M average monthly unique visitors
by Marian McPherson Aug 8
'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
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
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
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
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