The hedge fund Third Point was one of two major players that was strongly critical of CoStar’s attempt to compete with three leading residential real estate portals CoStar got welcome news over... Read more »
The private listings debate just got louder. Howard Hanna Real Estate Services has launched HannaList, an internal listing network that allows Howard Hanna agents to share listings exclusively with Howard Hanna buyer... Read more »
CoStar responded Wednesday by calling the allegations “highly misleading” and questioned D.E. Shaw’s motivations, noting the investor holds significant stakes in direct competitors. “If D. E. Shaw is worried about transparency, it... Read more »
The parent company of the Homes.com real estate portal said the “investment phase” is over, and that selling or abandoning the site would be premature. CoStar continued playing defense against a pair... Read more »
“Under the leadership of CEO Andy Florance, CoStar has continued to dedicate disproportionate attention and resources to its unprofitable Homes.com business. This continued investment, despite repeated failures to meet projections, has eroded... Read more »
Roughly a year after calling on CoStar Group to embark on a journey of “meaningful self-help,” the firm’s activist investors at Third Point Investors Ltd are back again pushing the Andy Florance-helmed... Read more »
German search engine optimization (SEO) platform SISTRIX ranked portal Homes.com No. 43 on a list of fastest-growing domains in the U.S. The company has been ranking domains for 15 years. Mark your... Read more »