Description
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 number one real estate and second most visited listings website as of 2021. 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.
Operations
Realtor.com is operated by the real estate network Move, Inc., which is owned by News Corp. Ryan O'Hara served as chief executive officer (CEO) of both realtor.com and Move until June 18, 2019. Following the announcement of O'Hara's departure, News Corp's President of Global Digital Real Estate Tracey Fellows was named acting CEO in June 2019. David Doctorow was named the new CEO in January 2020. The website is licensed to operate by the National Association of Realtors (NAR), the real estate industry's largest trade association. The company's business model is built around selling referral-based solutions, leads, and advertising to agents, brokers, and others in the real estate industry. Realtor.com covers 80 countries.
Originally located in San Jose, California, the company moved to Santa Clara in 2016.
