Under the future-focused leadership of Andy Florance, CoStar Group marked its 57th consecutive quarter of double-digit revenue growth in 2025. Florance’s strategic focus over the past year has been a “residential revolution” spearheaded by Homes.com. Central to this success is his “your listing, your lead” philosophy, a pro-agent model that ensures listing agents retain ownership of their data and leads, effectively challenging the status quo of traditional portals.
2025 was also defined by Florance’s commitment to cutting-edge technology, highlighted by the high-profile acquisition of Matterport. This move, combined with the acquisition of the Australian marketplace Domain, has expanded CoStar’s global footprint and technical capabilities.
From achieving record-breaking bookings in the apartments sector to skyrocketing Homes.com’s unaided brand awareness to 36%, Florance’s agility and conviction continue to reshape how properties are marketed and discovered. By prioritizing transparency and agent empowerment, he is rebuilding the trust and efficiency of the real estate ecosystem.
In today’s market, agents who move deals forward aren’t the most aggressive; they’re the most curious. The right questions don’t pressure buyers into action; they help buyers articulate what’s holding them back. Read more.
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