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Realtor.com: Millennials buying homes

While CoStar Group CEO Andy Florance claims that millennials are more interested in renting than buying, Realtor.com disagrees.  (For more on our conversation with CoStar executives, see our upcoming Real Estate Advertising annual report.)  A recent existing-home sales report by the National Association of Realtors (NAR) revealed that first-time home buyers represented 32 percent of all sales,...

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‘Try before you buy’ a home — sort of …

Want to try a neighborhood before you move in permanently? It’s more of a gimmick than a real option, we think, but Realtor.com and AirBnB are teaming up to “[give] consumers unparalleled insight to make informed real estate decisions” by offering short-term stays in an area for prospective buyers. The two companies today kicked off a program and contest to let potential buyers move into an...

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Zillow nabs largest local Realtor group

As further proof that the Zillow Group property-listing database is thriving without ListHub, Zillow announced the signing of the Miami Association of Realtors. Here’s the announcement:  Miami Association of Realtors, the Largest Local Realtor Association in the Country, Sending Listings Directrly to Zillow and Trulia SEATTLE, June 17, 2015 /PRNewswire/ — Zillow Group, which houses...

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Page to lead sales at Tribune Broadcasting

Michael Page, who served as a “key advisor” on the Gannett Co. buyout of its partners in Cars.com, has joined Tribune Broadcasting as VP of digital local sales. In the announcement, Tribune said Page would report to Angela Betasso, SVP of sales for the broadcasting unit of Tribune Media (NYSE: TRCO). Tribune Media is the product of the split-off of Tribune Publishing from the old Tribune...

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CoStar hires CMO, digital SVP

With marching orders to oversee Apartments.com and ApartmentFinders evolution, recent CenturyLink CMO Becky Carr takes over as CMO of CoStar Group. Additionally,  Eric Brodnax has been hired as SVP and chief digital officer.  Prior National Geographic EVP digital, Brodnax will oversee traffic and revenue growth for CoStar subsidiaries Loopnet, ApartmentFinders and Apartments.com. Here is the...

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ListTrac, Zillow add list metrics for MLS

Colorado-based IRES Multiple Listing Services now offers its 6,000 agents and brokers expanded listing reports and metrics thanks to ListTrac, enabled by its Zillow Group agreement. IRES is the first MLS to have this added feature. Here’s the announcement: IRES MLS Signs Direct Agreement with Zillow Group; First to Offer Members Expanded Listings Reporting Northern Colorado-based MLS to use...

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