Demand in all of the hottest zip codes outpaced US demand. The number of visitors per property on realtor.com in the top zip codes was 3.6 times higher than for the typical U.S. property, on average. Viewers per property in the hottest zip codes were 1.6 times as high as their surrounding metro areas.
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.
The site was relaunched with the name "Spot Realtor.com" at the same realtor.com domain name in November 1996. The site's management was assumed by a company called RealSelect, in a new partnership with NAR, funded by investment from venture capital firms. RealSelect later changed its name to Homestore, and continued to operate the realtor.com site with NAR as a partner. 041b061a72