Above, a screenshot from one of Homes.com’s new ads featuring Dan Levy of “Schitt’s Creek” fame and SNL’s Heidi Gardner. During one of America’s most enduring traditions, Super Bowl Sunday, Homes.com plans to make history, regardless of who takes home the championship trophy. Through four commercials reaching some 113 million viewers, the rapidly ascending real…
James Kaminsky, the former Realtor.com® and current CoStar Group employee in the middle of a data-theft lawsuit between two real estate portal giants, Realtor.com (owned by Move, Inc.) and CoStar’s Homes.com, on July 25 provided his side of the story in a court filing, writing that while he did access documents and information from Move,…
On July 24, one day after CoStar Group asked a judge in the U.S. District Court in California for an order for expedited discovery in its continuing legal conflict with Move, Inc., the parent company of Realtor.com, Move responded with its own filing, asking Judge George H. Wu to deny the request. The case revolves…
In a court filing July 23, CoStar Group has asked a judge for an order for expedited discovery in its legal conflict with realtor.com parent Move, Inc. Included in the filing is that James Kaminsky, the CoStar employee formerly employed by Move, who Move claims improperly accessed proprietary information to be used by CoStar, has…
CoStar Group, the commercial real estate heavyweight that is making waves in residential spaces, announced in an earnings call July 23 that revenue for the quarter ended June 30, 2024 was $678 million, up 12% over revenue of $606 million for the quarter ended June 30, 2023. Net income was $19 million in the second…
Size Doesn’t Matter. That could well be the slogan for the Randy Dyck-led Eximus Real Estate Team in Canada. The brokerage, aligned with eXp Realty, has flexed over the years from four to 28 agents, with six currently on board. Dyck, president and leader, has overseen broad success over the years since starting the team…
Citing recent media interviews given by CoStar executives, Move, Inc.—the parent company of Realtor.com®—filed for a preliminary injunction in a California U.S. District Court on Aug. 14, asking a federal judge to “(restrain and enjoin) Defendants CoStar Group, Inc. and (former Realtor.com employee) James Kaminsky from any further unauthorized access of Move-owned files, and from…
Foreign buyers purchased $42 billion worth of U.S. existing homes from April 2023 through March 2024, retreating 21.2% from the prior 12-month period, according to a new report from the National Association of REALTORS® (NAR). International buyers purchased 54,300 properties, down 36% from the previous year—the fewest number of homes bought since 2009 when NAR…
While the homebuying journey may have ended happily for you and a new client, your work is not over. Keeping in touch with past clients for future endeavors is a crucial way agents maintain contacts that lead to new sales and referrals. One of the best ways to do that is to continue to…
In a surprising statement made during a speaking engagement at the Economic Club of Washington D.C. on July 15, Federal Reserve Chair Jerome Powell said that inflation would not necessarily have to hit 2% before interest rates are cut. This statement constitutes a major shift from previous public comments made by the Fed emphasizing the…
In a July 12 ruling, the U.S. Court of Appeals for the District of Columbia Circuit in Washington, D.C., denied the National Association of REALTORS®’ (NAR) request for a rehearing in its dispute with the Department of Justice (DOJ). NAR and DOJ had originally reached a settlement agreement requiring NAR to increase transparency regarding broker…
In the modern age of social media forms and the storytelling that comes with them, blogging feels like a bit of an outdated form of marketing. This, however, is absolutely untrue. Read more.
