Real estate

Zoopla Group revenue up 24%

Zoopla Property Group, operator of leading U.K. real estate sites such as Zoopla and PrimeLocation, published strong results for the financial year to end-September this morning showing revenue up 24 percent to £80.2 million ($126 million U.S.). Investors reacted positively with Zoopla’s share price immediately opening up 5p at 195p ($3 U.S.), though still down on its record high of...

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News Corp buys into Indian real estate site

As promised earlier this year, News Corp has acquired yet again.  The global media giant and new owner of Realtor.com and its sister properties, has now purchased a 25 percent stake in India-based real estate marketing firm PropTiger.com and its parent company. PropTiger has a database of more than 100,000 properties for sale in 12 cities across India. Here’s the announcement:  News Corp...

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RealMatch’s Almog: why helm changes

Gal Almog, founder of recruitment service and platform provider RealMatch, sent the following to the firm’s affiliate partners. He explained the reasons behind his move to Israel  (a place he’d been commuting to and from anyway) , and the firm’s choice of Jonathan Bulkeley as his replacement as CEO.  As Almog points out, Bulkeley has both digital and newspaper experience,...

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RealtyTrac debuts lead generator MEGA

As yet more evidence of the power of big data for real estate, distressed property giant RealtyTrac just launched its MEGA feature. MEGA enables targeted prospecting for seller agents. RealtyTrac Launches Expanded Lead Generation Platform with Detailed Data on 188 Million U.S. Properties MEGA Download Platform Includes Sale, Loan, Occupancy, Equity, Foreclosure Info; Customers Create Targeted...

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Employer Zillow faces two lawsuits

Zillow, still in the midst of a court battle in which it is accused of fraud by Top Agent Network, is now facing two  California legal battles around its treatment of employees. The first, case no. 01844 , filed Nov. 19 in U.S. District Court, Central District of Calif., accuses the real estate giant of retaliation, infliction of emotional distress, and whistleblower violations against...

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REA taps into new revenue stream, goes video

Australia’s REA Group will soon feature video ads on its leading property portal realestate.com.au. The Group has selected California, U.S.-headquartered video ad tech provider TubeMogul as its advertising software platform. REA will use TubeMogul’s video software on a self-serve basis and also provide a video branding offering to advertisers and agencies, facilitated by its own...

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