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.
Category: residential real estate
‘Zillow made the wrong choice’: REX seeks full appeals court review
The discount brokerage contends that a three-judge panel erred in finding that NAR’s no-commingling rule was not direct evidence of “concerted action” between NAR and Zillow.
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.
71% of real estate agents didn’t close any deals last year
At Inman Connect New York, Redfin’s Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors.
2024, a year in review: Inman’s Top 5 stories of the week
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.