CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on…
Posts published in “rich barton”
Zillow, Anywhere and Compass vanish from annual Fortune 500 list
By The Citizen on June 7, 2023
The real estate giants’ omission from Fortune’s annual list of the biggest companies illustrates just how far industry players have fallen as a result of…
Zillow and Opendoor expand partnership to 11 new markets
By The Citizen on June 1, 2023
The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt. …
Zillow appoints new CFO amid push to build ‘housing super app’
By The Citizen on May 18, 2023
Jeremy Hofmann has played a key role in the super app push so far and also oversaw Zillow’s acquisition of ShowingTime, the company said. Source:…
Zillow begins ‘critical’ year with mounting losses, falling Q1 revenue
By The Citizen on May 3, 2023
Zillow brought in $469 million in revenue, according to an earnings call Wednesday, falling 13 percent from the $536 million it brought in a year…
REX gets OK to question Zillow CEO Rich Barton in antitrust suit
By The Citizen on April 28, 2023
Judge Thomas Zilly denied Zillow’s motion for a protective order, saying CEO Rich Barton must complete three hours of questioning from REX’s counsel about the…
As iBuyers struggle, agents rethink relationships with cash-offer kings
By The Citizen on April 12, 2023
IBuyers like Opendoor and Offerpad once appeared poised to be an essential player in the nation’s biggest housing markets. Now, real estate agents say their…
Will migration fizzle out in 2023? History points to existential shift
By The Citizen on March 31, 2023
The migration trends that drove housing demand during the pandemic are ending. But that doesn’t mean people aren’t moving, according to an Inman analysis of…
Zillow CEO Rich Barton: ‘The real pain is probably coming’
By The Citizen on March 17, 2023
Zillow — which held $3.4 billion in cash and investments at the end of 2022 — is well prepared to weather any storm, including the…
Despite slow market, CoStar sees revenue and profit rise in Q4
By The Citizen on February 21, 2023
The company’s revenue jumped 13 percent year over year between October and December. CEO Andy Florance also promised Tuesday to continue CoStar’s push into residential…