CoStar Group to Acquire Residential Listing Site Homes.com
Homes.com provides advertising and marketing services to residential brokers and agents based on listing feeds that cover more than 90% of all Multiple Listing Services (MLS) subscribers in the United States.
- Homes.com provides advertising and marketing services to residential brokers and agents based on listing feeds that cover more than 90% of all Multiple Listing Services (MLS) subscribers in the United States.
- The company is headquartered in Norfolk, Virginia.\n\xe2\x80\x9cWe are excited to welcome the Homes.com team to the CoStar family,\xe2\x80\x9d said Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group.
- These sites generate a portion of their revenue from directing potential homebuyers away from the listing agents to unrelated buyer agents that are advertising on top of listing agent listings.
- Such statements are based upon the current beliefs and expectations of management of CoStar Group and are subject to many risks and uncertainties.