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
Commissions are key as REX seeks retrial in listings suit against Zillow
In a motion filed Tuesday in a Seattle federal court, the defunct discount brokerage claims it was unfairly prohibited from presenting testimony about commissions to jurors in the original trial
by Ben Verde Nov 2
Zillow's Q3 revenue ticks up, losses shrink despite rough market
The portal giant brought in $496M in revenue between July and September. That's a 3% increase compared to 1 year earlier
by Jim Dalrymple II Nov 1
Will Q3 earnings keep real estate mired in a 'Groundhog Day' loop?
Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it?
by Jim Dalrymple II Nov 1
Redfin CEO: With commissions in peril 'cooperation may crumble'
Redfin CEO Glenn Kelman said at Inman Connect on Wednesday that pressure from lawsuits and the Department of Justice may ultimately lead to 'a different world' than the one that exists today
by Jim Dalrymple II Nov 1
DelPrete: How Zillow pressures its agent partners to plug mortgages
Zillow is shoring up its Home Loans business by ratcheting up pressure on Flex agents, who refer clients to the mortgage arm or risk losing future leads, real estate advisor Mike DelPrete writes
by Mike DelPrete Nov 1
Zillow acquires CRM Follow Up Boss, super app 'mission' ongoing
'If you love Follow Up Boss now — just wait.' - Zillow President Susan Daimler
by Craig C. Rowe Nov 1
Andy Florance: Zillow isn't ready for post-commission portal revolution
In the opening remarks of CoStar Group's Q3 earnings call Tuesday, CEO Andy Florance revealed to investment analysts the company's grand plan to make Homes.com the portal of the future
by Marian McPherson Oct 25
CoStar posts 50th-straight quarter of revenue growth in Q3 earnings
CoStar Group earned $625M in Q3, clinching its 50th consecutive quarter of revenue gains. The company also highlighted 1,290% annual growth in Homes.com traffic
by Marian McPherson Oct 24
Traffic data is the weapon of choice as portal wars heat up ahead of Q3
Ahead of Q3 earnings, Inman took a dive into the top 5 real estate portals' traffic data. Zillow still leads the pack, but stiff competition has emerged from old — and new — industry entrants
by Marian McPherson Oct 24
This season's trendiest wedding registry gift? A brand new home
The share of couples including 'home funds' as part of their wedding registry has increased by 55% since 2018, according to a joint analysis released Thursday by Zillow and The Knot
by Ben Verde Oct 20
Listings tick up and prices tick down during an ice-cold fall market
The added punch of mortgage rates nearing 8% is making this year's fall season particularly slow
by Ben Verde Oct 13
Zillow Flex program's success fee rises to 40%: DelPrete
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
by Mike DelPrete Oct 12
Zillow launches new feature for home search by school district
The feature allows homebuyers to select a school district and displays school attendance zone boundaries and homes available for rent or for sale within those boundaries
by Lillian Dickerson Oct 12
Andy Florance: Bombshell lawsuits will upend Zillow's business model
CoStar CEO Andy Florance dished with Intel about the commission lawsuits, Zillow and NAR as Homes.com nabbed 100M unique visitors for the first time ever in September