Move’s overall revenue dipped 1 percent between July and September, while revenue from its real estate business — including Realtor.com — dropped 4 percent, according…
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News Corp.-subsidiary REA Group announced on Monday it had given up on its quest to purchase Rightmove after its fourth offer of $8.3 billion was…
Sydney-based News Corp subsidiary REA Group has made a third bid for UK portal Rightmove. The company offered $8.1 billion for Rightmove on Monday —…
Murdoch’s Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK’s largest real estate portal. Source:…
Zillow’s new product represents a new business model — from pay-per-lead to pay-per-listing — that mirrors the way profitable international peers monetize their market-leading positions. …
Portal competitors are shelling out big money in an effort to dethrone Zillow, but do they stand a realistic chance? Source: Inman News
Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Source: Inman…
A new threat emerges that, while still a long shot, possesses the greatest potential to disrupt the dominant position of the portals. As billion-dollar behemoths…
Real estate portals benefit tremendously from network effects, which is the key factor that gives them unprecedented market power and an impregnable moat to repel competition.…