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www.homes.com | |
Type | Subsidiary |
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Industry | Real estate |
Founded | Tallahassee, Florida (January 28, 1999 ) |
Headquarters | 501 S. 5th Street , Richmond, VA 23219 United States |
Area served | United States & Canada |
Key people |
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Products |
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Number of employees | 400+ |
Parent | CoStar Group |
Website | www.homes.com |
Homes.com, Inc. is the fourth-largest real estate portal by traffic market share in the USA in 2023. Headquartered at 501 S. 5th Street Richmond, Virginia, United States, Homes.com maintains additional offices in Boca Raton, Florida; Tallahassee, Florida and San Diego, California. The company also provides real estate marketing and media services including brand advertising, property listing syndication, reputation management and lead generation.
Homes.com began as the primary website for Homes and Land Publishing in 1993 and was incorporated in January 1999 as Homes.com, Inc. In March of the following year, a venture capital funding round generated $38.5 million [1] and gave Hummer Winblad Venture Partners a controlling interest in Homes.com. In October 2004, Homes.com, Inc. was purchased by Trader Publishing Company, a joint business venture of Landmark Media Enterprises and Cox Enterprises. In September 2006, Landmark Media Enterprises and Cox Enterprises split the assets of Trader Publishing and Homes.com, Inc. becoming a subsidiary of Dominion Enterprises, LLC.
In May 2011, Homes.com launched the Home Values channel [2] to display automated estimates of home prices. [3] In August 2011, the company launched Homes Connect, a platform for real estate professionals. [4]
In September 2014, David Mele was appointed president of Homes.com. [5]
In January 2015, Andy Woolley became the head of industry development. [6]
In April 2021, Landmark announced that Homes.com, a unit of its Dominion Enterprises subsidiary, had been sold to CoStar Group Inc. for $156 million. [7]
The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. It has over 1.5 million members, making it the largest trade association in the United States including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. The organization holds a U.S. trademark over the term "Realtor". NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago.
Windermere Real Estate is a real estate company founded in 1972 and based in Seattle, Washington. It is a privately held company and is the largest regional real estate company in the Western U.S., with over 300 offices and 6,500 agents.
Cox Enterprises, Inc. is a privately held global conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major operating subsidiaries are Cox Communications and Cox Automotive. The company's major national brands include AutoTrader, Kelley Blue Book, Manheim Auctions and more.
DigitalBridge Group, Inc. is a global digital infrastructure investment firm. The company owns, invests in and operates businesses such as cell towers, data centers, fiber, small cells, and edge infrastructure. Headquartered in Boca Raton, DigitalBridge has key offices in Los Angeles, New York, London, and Singapore.
Kelley Blue Book is an Irvine, California-based vehicle valuation and automotive research company that is recognized by both consumers and the automotive industry. The company is owned by the Cox Automotive subsidiary of Cox Enterprises.
Landmark Media Enterprises, LLC is a privately held technology company headquartered in Norfolk, Virginia.
Domania (Domania.com) was a website founded by Steve Kropper and Fran Rivkin that debuted in April 2000 as a consumer-facing real estate portal that featured a slate of tools including Home Price Check, an Internet search engine that allowed users to search through 28 million comparables dating back to 1987 at no cost. It became one of the top 10 real estate sites by traffic, garnering over 500,000 visits a month.
Move, Inc. is a real estate listing company based in Santa Clara, California. The company operates the Move Network of real estate websites, the largest of which is Realtor.com. Move has a longstanding partnership with the National Association of Realtors, the real estate industry's largest trade association, for operating Realtor.com.
Manheim, Inc. is an automobile auction company and the world's largest wholesale auto auction, based on trade volume with 145 auctions located in North America, Europe, Asia and Australia. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling vehicles via a bidding process using traditional and online formats. Manheim also provides other vital dealership and wholesale services, such as financing, title work, transportation, recovery, auto body repair, dealership management systems, dent repair and automotive reconditioning, and automotive re-marketing at each location.
REA Group Ltd and its subsidiary companies, known as the REA Group, make up a global online real estate advertising company. REA Group is headquartered in Melbourne, Australia, with subsidiary offices in Wanchai, Hong Kong and Gurugram, India.
Dominion Enterprises is a Norfolk, Virginia-based software and information services company for the automotive, power sports, real estate, travel and franchising industries. The businesses owned by Dominion Enterprises include DominionDMS, Activator, Dealer Specialties, Cross-Sell, DataOne Software, Prime Street, Franchise Ventures, DX1, ZiiDMS, and Travel Media Group.
Cyberhomes is a real estate website owned by Fidelity National Financial and Lender Processing Services (LPS). It lists the most current sales of homes in a neighborhood by similar sales.
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information.
Realtor.com is a real estate listings website operated by the News Corp subsidiary Move, Inc. and based in Santa Clara, California. It is the second most visited real estate listings website in the United States as of 2021, with over 100 million monthly active users. The site launched as the Realtor Information Network in 1995, serving as a closed network for members of the National Association of Realtors. It relaunched in 1996 as a public website displaying property listings. Since then, Realtor.com claims to be the largest real estate website in the United States, and in 2016 was valued at $2.5 billion by Morgan Stanley.
Trulia is an American online real estate marketplace which is a subsidiary of Zillow. It facilitates buyers and renters to find homes and neighborhoods across the United States through recommendations, local insights, and map overlays that offer details on commute, schools, churches and nearby businesses.
CMG Media Corporation is an American media conglomerate principally owned by Apollo Global Management in conjunction with Cox Enterprises, which maintains a 29% minority stake in the company. The company primarily owns radio and television stations—many of which are located in the South, Pacific Northwest, Eastern Midwest, and Northeast, and the regional cable news network Pittsburgh Cable News Channel (PCNC).
YachtWorld is based in Miami that operates a boat sales platform with Multiple listing service, enabling professional yacht brokers, dealers and manufacturers to sell yachts. Jessica Muffett first founded YachtWorld in March 1995, semi-retiring as Publisher Emeritus in 2006. YachtWorld is now a subsidiary of Permira.
boats.com is an online advertising website based in Miami, Florida, United States. It also has operations in Fareham and Padova. The company has websites in nine markets and eight languages, listing over 350,000 boats in approximately 152 countries.
CoStar Group, Inc. is a Washington, DC-based provider of information, analytics, and marketing services to the commercial property industry in the United States, Canada, the United Kingdom, France, Germany, and Spain. Founded in 1987 by Andrew C. Florance, the company has grown to include the online database CoStar and many online marketplaces, including Apartments.com, LoopNet, Lands of America, and BizBuySell.
Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.