Move Inc. CEO Talks on the Future of realtor.com and Move Inc.

June 3, 2020
Share this Post: 

Companies have been quickly shifting to fully online procedures, services, and events. This is true for property portals as well as the sites that cover news about them. 

Inman held its Inman Connect Now webinar this week where the news outlet interviewed Move Inc.’s CEO, David Doctorow, about the future of realtor.com and Move Inc. and where the two companies stand when staring down market leader, Zillow.

Doctorow, having previously been an executive at both eBary and Expedia, explained that those two companies are not so different from real estate marketplaces, as all of them facilitate communication between buyers and sellers and allow for professionals in the markets to help when needed. 

Doctorow explained that Move and realtor.com are traditional marketers and that isn’t going to be something they give up moving forward:

“But at the same time, we think that broadening the aperture of the problem of helping consumers trying to search and discover homes to, in the end, helping consumers think about making great homes and, when needed, sell homes, is something that we can contribute to.”

He said that they will accomplish this through the establishment of partnerships.

“I believe if we take on partnership in earnest, really in discussion with Realtors, with brokers, with MLS, there’s a lot more that we can accomplish when we team-up. I believe that we’ll innovate faster and frankly … produce more choice for consumers and more business for all of us.”

He further explained that investment in innovation will be the way that realtor.com and Move Inc. distance themselves from the competition. 

For Move Inc., specifically, Doctorow says that the company will dig deeper into the industry to claim its spot through innovation and supporting parent company, realtor.com.

Realtor.com is seeing the light at the end of the tunnel. It recently announced Rachel Morley’s promotion to Chief Product Officer, as well as spikes in site traffic and consumer demand as moving plans begin to churn again.

June 3, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hemnet Vs Rea Group
Analysis: Hemnet Still Playing Catch-up to REA Group When It Comes to Vendor Paid Advertising

Vendor-paid markets are great for real estate portals. For more than a decade the leading Swedish player Hemnet has charged...

Read More
Ohmyhome Full Year Results Net Losses But Big Ambitions
OhMyHome 2023 Full-Year Results: Net Losses But Positive Outlook for Nasdaq-listed Marketplace

The Singapore-based publicly listed company OhMyHome has released its 2023 full-year financial results. Highlights include: Revenues totalled S$5.0 million (US$3.8...

Read More
Homely Financial Results
Australian Portal Homely Records 16% More Enquiries in 2023

Australian challenger portal Homely generated over 15.5 million enquiries in the 12 months from April 2023. Homely, which competes with...

Read More
Yandex Q1 Strong Performance From Divested Assets
Yandex Q1 2024: Net Losses for Remaining Assets After Large Scale Divestments

Yandex N.V., the Dutch holding company of the marketplace giant Yandex, has released its financial results for the first quarter...

Read More