The Realtor.com parent company saw revenue decline 13 percent to $127 million in the fiscal second quarter. Mobile and website annual traffic growth remained flat — an improvement from Q1’s 12 percent loss. News Corp CEO Robert Thomson said he’s hopeful about the portal’s trajectory as the U.S. housing market improves.
Source: Inman News
Move Inc. sees 13% revenue decline as Realtor.com traffic improves
More from damian ealesMore posts in damian eales »
- Damian Eales on ‘imminent’ Realtor.com app for ChatGPT [EXCLUSIVE]
- Realtor.com CEO talks ‘serious competitors,’ says ‘quality is really what we’re interested in’
- Inman is celebrating 30 years of community, and you’re invited
- Realtor.com is working with OpenAI to chase the portal crown
- Zillow is taking down images at the center of CoStar’s copyright lawsuit
More from MoveMore posts in Move »
- Damian Eales on ‘imminent’ Realtor.com app for ChatGPT [EXCLUSIVE]
- Realtor.com parent goes after its own virtual tour target amid battle with CoStar
- Realtor.com parent company Move clears 3% revenue growth in Q2
- Court dismisses NAR accuser’s retaliation claims — except one
- CoStar advances talks to purchase REA Group competitor Domain
More from news corpMore posts in news corp »
- Damian Eales on ‘imminent’ Realtor.com app for ChatGPT [EXCLUSIVE]
- Realtor.com CEO talks ‘serious competitors,’ says ‘quality is really what we’re interested in’
- Realtor.com is gaining on competing portals despite decline in users, owners say
- Zillow ignores ‘noise,’ jabs from CoStar, as revenue climbs
- Realtor.com parent goes after its own virtual tour target amid battle with CoStar
More from real estate portalsMore posts in real estate portals »
- Zillow reverses course and removes climate data from listings
- Realtor.com CEO talks ‘serious competitors,’ says ‘quality is really what we’re interested in’
- Redfin site fluke exposed past users’ data on listing contact forms
- Realtor.com is gaining on competing portals despite decline in users, owners say
- Real estate portals feel the heat during a rough week: The Download
More from realtor.comMore posts in realtor.com »
- Zillow reverses course and removes climate data from listings
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- After failed NAR vote, brokerages beef up referral disclosures
- What it takes to build a $100M real estate brand with heart
- Zillow’s SkyTour uses complex 3D tech to simplify home search
More from realtor.com earningsMore posts in realtor.com earnings »
More from robert thomsonMore posts in robert thomson »
- Realtor.com is gaining on competing portals despite decline in users, owners say
- Realtor.com is working with OpenAI to chase the portal crown
- Realtor.com parent company Move clears 3% revenue growth in Q2
- Realtor.com parent Move raises quarterly revenue amid headwinds
- CoStar advances talks to purchase REA Group competitor Domain
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from TechnologyMore posts in Technology »
- Future-proof your digital footprint for 2026 (and beyond)
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- In crowded virtual staging category, Collov AI offers ease, affordability: Tech Review
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
- DR Horton gets into AI mortgage tech with Tidalwave stake
Be First to Comment