In a relatively short time, the power dynamics in residential real estate have shifted dramatically. The National Association of Realtors® (NAR) sits alongside portal giant Zillow on one side, and on the other is New York-based venture capital-backed Compass, a new behemoth that has consolidated a huge brokerage empire and appears ready to use its…

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CoStar Group CEO Andy Florance dove again into the controversies surrounding rival portal Zillow in the company’s recent Q3 2025 earnings call. While discussing financials for the company and its subsidiaries—Homes.com, Apartments.com, Matterport, LoopNet, Domain and more—and the increasing traffic and success seen in the portal space, Florance pivoted to discuss an “uncomfortable but important…

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