Trulia CEO Pete Flint.

Trulia posts $40.3M in 3Q revenue, reports 56K subscribers following Market Leader acquisition

Shares of Trulia, the San Francisco-based online real estate company that competes directly with Zillow, are up nearly 4 percent in after-hours trading after the company posted $40.3 million in revenue in its third quarter earnings report. That’s an increase of 117 percent from this time last year. Net income came in at $7 million… Read More

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Trulia completes $355M Market Leader deal, but what’s next in ongoing battle with Zillow?

The heated rivalry between online real estate powerhouses Trulia and Zillow is taking on added importance this week as both companies generated news on the acquisition front. As was to be expected, Trulia closed on its $355 million acquisition of Kirkland-based Market Leader, giving the company a beachhead in Zillow’s own backyard. Meanwhile, Zillow, which… Read More

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Market Leader shareholders green light Trulia’s $355 million acquisition

Shareholders of Market Leader today overwhelmingly approved Trulia’s $355 million acquisition of the company. The deal, which was first announced in May, is designed to supercharge Trulia’s business as it looks to bolster competition against Zillow. Kirkland-based Market Leader, which develops online marketing tools for real estate agents, saw its revenues increase from $11 million to… Read More

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Shares of Market Leader jump after Q2 revenue spurt

Last week, we heard about the financial results of Trulia. On Tuesday afternoon, we’ll get a better sense of how Zillow performs. Today, we’re getting a good look at Kirkland-based Market Leader, the maker of marketing tools for real estate agents that is in the process of being purchased by Trulia for $355 million. Shares… Read More

Truia CEO Pete Flint

Shares of Trulia soar after Q2 revenues rise 77 percent to $29.7 million

Trulia, the San Francisco-based online real estate company that competes directly with Zillow, is seeing its shares rise more than eight percent in after-hours trading following a strong second quarter earnings announcement. Trulia, which agreed to gobble up Kirkland-based Market Leader for $355 million in May, said that revenues rose 77 percent to a record… Read More

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Redfin, Zillow and Trulia agree on the next big thing in real estate: Finding a home through automated recommendations

SAN FRANCISCO — The titans of the online real estate business took the stage Wednesday at the Real Estate Connect conference to talk about the future of real estate. Execs from companies Trulia, Redfin and Zillow were all on stage, and vocally weighing in about what they think is the next big thing. In at least… Read More

Truia CEO Pete Flint

Q&A with Trulia CEO Pete Flint: Market Leader is ‘the operating system’ of real estate

Trulia CEO Pete Flint wants to transform real estate. And with today’s $355 million bid for Kirkland-based Market Leader, the Internet executive took his boldest step yet in making that dream a reality. In acquiring Market Leader in the cash and stock deal, Flint said they are getting one of the most comprehensive lead generation and customer… Read More

[Photo via Julien Gong Min]

OK, we still don’t really get why Zillow was removed from the Nasdaq Internet Index (and Trulia was added)

I was perplexed earlier this week when NASDAQ OMX Group announced plans to remove Zillow from the NASDAQ Internet Index — noting that the publicly-traded Seattle online real estate company was no longer considered an Internet company. Now, here’s where the story took a bizarre turn. At the same time that Nasdaq dropped Zillow, it added Trulia to the… Read More

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Trulia takes aim at Zillow patent suit: ‘Abstract ideas and principles are not patentable’

San Francisco online real estate company Trulia has filed its initial response to Zillow’s patent lawsuit, arguing that the case should be dismissed because the business method in question — Zillow’s online home valuation tool known as the Zestimate — is not patentable. The Zestimate utilizes multiple factors in order to assign automated home values… Read More

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Photo sharing for realtors: Abodograph connects real estate agents with customers

There are countless photo-sharing apps out there for everything from food to dogs. Now, a former Microsoft and Google engineer is trying to do the same for real estate. It’s called Abodograph, and the idea is to provide an easy way for realtors to post photos of their everyday activities and receive real-time notifications from interested customers. Derek Cheng… Read More

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Cramer vs. Cramer: ‘Mad Money’ host changes his tune on Zillow

CNBC talk show host Jim Cramer is known for his loud and outrageous on-screen antics, and earlier this week the “Mad Money” host turned his attention to three real estate companies that recently completed IPOs: Zillow, Trulia and Realogy. Cramer is pretty adamant that investors should avoid Zillow and Trulia, instead taking a closer look… Read More