The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the three-way agreement and reforming its governance.
Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar's core commercial real estate business.
CoStar Group's revenue grew 11 percent year over year, to $693 million, while monthly average unique visitors for the Homes.com Network of sites reached 130 million, according to Q3 earnings results on Tuesday.
Digital twin creator Matterport introduced a new lineup of property marketing features to enrich its appeal as a more accessible resource for listing agents and brokers, including a de-furnishing tool and an artificial intelligence listing description tool.
Andy Florance suggested rival portals are more interested in selling leads than houses and called a lawsuit against his company a "PR stunt."
Matterport appeals lower court ruling that awarded $79 million to former CEO Bill Brown over rules that prevented him from selling his shares when the company went public.
California District Judge George Wu granted CoStar's request for an expedited discovery in Move's theft of trade secrets lawsuit against the portal. Both parties have until Aug. 5 to agree on the terms of the discovery.
The editor at the center of the theft of trade secrets lawsuit between portal rivals Move and CoStar Group filed a 36-page statement in support of CoStar's expedited discovery request.
CoStar Group has put former Realtor.com News and Insights editor James Kaminsky on leave in response to Move's objections to sharing confidential information amid its trade secrets lawsuit.
CoStar Group's revenue grew 12 percent year over year to $678 million, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of websites increased 73 percent year over year to 148 million monthly average unique visitors.
Two weeks after filing a theft of trade secrets lawsuit against CoStar Group, Move now wants CoStar to hand over Move-owned files and electronic devices used by former Realtor.com News and Insights Editor James Kaminsky.
CoStar Group revealed its latest executive hires of the summer, with Simonelli returning after six years as Compass' industry relations SVP. Cyndi Eakin was promoted to chief accounting officer.