Legacy Portals Will Be “Stressed” by NAR Settlement, CoStar Claims

Pushing forward with his own unique take on portal monetization, CoStar CEO Andy Florance said on a recent earnings call he believes incumbents like Zillow, realtor.com® and Redfin are facing major headwinds from changes agreed to by the National Association of REALTORS® (NAR) as part of a recent lawsuit settlement. “With recent seismic legal settlements…

The post Legacy Portals Will Be “Stressed” by NAR Settlement, CoStar Claims appeared first on RISMedia.

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