The Institute for Luxury Home Marketing has announced the launch of Luxury Home Collection: a public, ad-free property search experience featuring luxury homes across the U.S. Every listing in The Luxury Home Collection represents a property priced within the top 10% of its local market and is represented by a trained and vetted luxury real…
Zillow® and Realtor.com® have announced that Preview℠ listings are now live on both sites. No special login or brokerage relationship required, the same early access is available for every buyer on both platforms starting today. The collaboration was originally announced in May, set to bring pre-market homes to buyers across the two of the most-visited…
Zillow and Compass are making headlines once again, potentially facing further complications due to a new letter signed by a coalition of leading consumer groups to the National Association of Attorneys General, calling for an investigation into the two company’s practices. The letter—penned by 19 consumer groups, including the Consumer Federation of America, the American…
A major ruling in the antitrust battle between Zillow and Midwest Real Estate Data (MRED) came down Tuesday night when Judge John Tharp in the Northern District of Illinois denied Zillow’s motion for a preliminary injunction, effectively making way for MRED to cut Zillow off from its feed and lifting a temporary restraining order that…
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CoStar Group, Inc. has announced its appointment of Felix Kusch as president of Homes.com, following a two-year gap since previous President David Mele departed. Homes.com’s leadership team will now report to Kusch, and Kusch will report to CoStar Group Founder and CEO Andy Florance. Kusch previously served as CEO of two of Europe’s leading real…
Conflict between Zillow and Compass is escalating on a new front, as Zillow-owned portal StreetEasy recently introduced a brokerage cap that directly affects the mega-brokerage. The specialized New York City portal StreetEasy recently introduced a new cap to its Experts program—an invite-only lead generation program where buyers and sellers are connected to member agents—only allowing…
CoStar Group announced the completion of its $800 million acquisition of Zonda—a provider of new home construction data, homebuilder software and residential real estate marketplaces. The deal was first announced back in May. CoStar stated in a release that this acquisition expands the company’s presence across the residential real estate ecosystem, extending the company’s data,…
As the war over private listings intensifies, Zillow and Compass (among others) are using dueling data reports and starkly different methodologies to make their respective cases in the courtroom—and in the court of public opinion. On July 24, Compass reported that pre-marketed homes that started as Private Exclusives or Coming Soons sold for 4.6% more…
Zillow Group reported an 18% increase in second-quarter revenue Wednesday, topping its high-end forecast even as the online real estate giant posted a narrow net loss over the quarter, just one day after announcing 500 layoffs companywide. The results outpaced the overall 6% growth in the U.S. real estate industry over the same period a…
Zillow has laid off 500 employees—about 7% of the portal’s 7,000 employees—in order to ensure a “disciplined cost structure” across the portal, according to an announcement by CEO Jeremy Wacksman today. In a blog post attributed to Wacksman, ahead of Wednesday’s Q2 2026 earnings release and investor call, the Zillow CEO described these “organizational changes”…
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