AIMGroup

CoStar in the black, grows revenue 15%

CoStar Group, owner of commercial-property site LoopNet and new owner of Apartments.com, just announced a 15 percent year-over-year increase in revenue. In the Q1 2014 earnings release, CoStar also reported net income for the quarter of $9,740,000, a considerable improvement from the $2,410,000 net loss the real estate analytics and marketplace group had realized in Q1 2103. “Today we are...

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First-time home buyers need help understanding process, finds ERA

ERA just studied consumers’ understanding of the world of real estate. While it wasn’t surprising that homeowners did better on the quiz than those who had never bought a home,  the survey showed that about one third of the non-owners didn’t understand mortgages or appraisals. Approximately 1,000 participated. Here’s the announcement: ERA Real Estate Tests...

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Angie’s List still in red, though revenue, members, leap

In the first quarter of 2014, Angie’s List revenue increased 39 percent year-over-year, while its memberships jumped 35 percent, and another 26 percent of service providers joined the site. Despite these gains, and a 41 percent increase in the value of the service transactions, Angie’s List reported a net loss of $3,783,000. Angie’s List works on a business model that requires...

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Gannett U.S. recruitment revenue takes hit, broadcast jumps big

While the “other” classified category – presumably the private party “stuff” listings – took the biggest hit, at 10 percent year-over-year drop in the U.S., recruitment advertising revenue  in the U.S. dropped 8.4 percent YOY in the first quarter of 2014.  Classifieds as a whole dropped 5.9 percent YOY in the U.S., and 3.9 percent for all regions. Print, of...

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Move Inc. creates tech, training program for Re/Max agents

Move Inc has just signed Re/Max to a customized 4X for Re/Max technology, training program for agents. Here’s the announcement: Move, Inc. Becomes a RE/MAX Approved Supplier RE/MAX Gains Access to new Program Designed to Increase Business 4X  SAN JOSE, Calif., April 22, 2014 /PRNewswire/ – Move, Inc. MOVE +3.05% and RE/MAX, LLC have announced the signing of an Approved...

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