Top 10% of agents control nearly half of all listings as pay gap widens

Top agents are winning a greater share of listings in the wake of NAR’s commission settlement last year, with high-performers holding 42.64 percent of all listings, new data from tech firm Relitix shows.

CoStar advances talks to purchase REA Group competitor Domain

CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nine’s target price is AUD 2.79 billion.

Redfin to shed 450 staffers after $100M rental deal with Zillow

On the same day Redfin announced a new partnership to syndicate Zillow rental listings in multifamily buildings, the company said it would eliminate the positions of approximately 450 employees.

Zillow, not CoStar, is Realtor.com’s biggest competitor, Eales insists

As the rivalry with CoStar Group simmers, Realtor.com CEO Damian Eales is focused on housing policy and bridging gaps between the industry and consumers, he told a crowd Thursday at ICNY.

CoStar Group tallies Q1 revenue growth on success of Homes.com

The Virginia-based commercial and residential real estate behemoth released its first-quarter earnings on Tuesday, which revealed the company grew its revenue 12 percent year over year to $656 million. The company remained profitable, although its net income dropped 91 percent from $87 million in Q1 2023 to $7 million.