CoStar Group: Inside Residential Real Estate’s New Heavyweight
The residential real estate brokerage industry gained a
significant new player when CoStar Group (Nasdaq: CSGP),
the dominant commercial and multifamily real estate
marketing and portal operator, acquired Homesnap and
Homes.com. The aggressive, well-operated giant has
plans, and the resources and experience, to create a
residential real estate sales marketplace that rivals Zillow
and realtor.com. This chapter analyzes the company’s
key components, how it operates and its dive into the
residential real estate industry.
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