CoStar Group Founder and CEO Andy Florance Named Among Top Ten on SP 200 List
CoStar Group (NASDAQ: CSGP) CEO Andy Florance has been named among the top ten most powerful executives in residential real estate by Swanepoel Power 200 for the second consecutive year. The recognition stems from CoStar's expansion in residential real estate, particularly through Homes.com.
In 2024, Homes.com achieved significant growth following a major marketing campaign and the launch of an agent membership product. By Q3 2024, the platform reached 130 million average monthly unique visitors, with unaided brand awareness increasing from 4% to 33% between February and September 2024.
The company also announced its intent to acquire Matterport, Inc., aiming to enhance its property data capabilities with 3D capture technology. Founded in 1986, CoStar Group now employs over 6,400 people across 14 countries and is included in both the S&P 500 and NASDAQ 100 indexes.
CoStar Group (NASDAQ: CSGP) ha annunciato che il suo CEO, Andy Florance, è stato nominato tra i dieci dirigenti più potenti nel settore immobiliare residenziale dalla classifica Swanepoel Power 200 per il secondo anno consecutivo. Questo riconoscimento deriva dall'espansione di CoStar nel mercato residenziale, in particolare attraverso Homes.com.
Nel 2024, Homes.com ha registrato una significativa crescita dopo una importante campagna di marketing e il lancio di un prodotto di abbonamento per agenti. Entro il terzo trimestre del 2024, la piattaforma ha raggiunto 130 milioni di visitatori unici mensili, con la consapevolezza del marchio non sollecitata che è aumentata dal 4% al 33% tra febbraio e settembre 2024.
L'azienda ha anche annunciato l'intento di acquisire Matterport, Inc., con l'obiettivo di migliorare le sue capacità di data sugli immobili tramite tecnologia di scansione 3D. Fondata nel 1986, CoStar Group impiega ora oltre 6.400 persone in 14 paesi ed è inclusa negli indici S&P 500 e NASDAQ 100.
CoStar Group (NASDAQ: CSGP) ha anunciado que su CEO, Andy Florance, ha sido nombrado entre los diez ejecutivos más poderosos en el sector inmobiliario residencial por el Swanepoel Power 200 por segundo año consecutivo. Este reconocimiento proviene de la expansión de CoStar en el mercado residencial, especialmente a través de Homes.com.
En 2024, Homes.com logró un crecimiento significativo tras una gran campaña de marketing y el lanzamiento de un producto de membresía para agentes. Para el tercer trimestre de 2024, la plataforma alcanzó 130 millones de visitantes únicos mensuales, con un aumento en la conciencia de marca no solicitada del 4% al 33% entre febrero y septiembre de 2024.
La empresa también anunció su intención de adquirir Matterport, Inc., con el fin de mejorar sus capacidades de datos inmobiliarios con tecnología de captura 3D. Fundada en 1986, CoStar Group emplea ahora a más de 6,400 personas en 14 países y está incluida en los índices S&P 500 y NASDAQ 100.
코스타 그룹 (NASDAQ: CSGP)의 CEO인 앤디 플로랑스가 스와네포엘 파워 200에서 주거용 부동산 분야에서 가장 영향력 있는 10명의 경영진에 선정되었습니다. 이는 코스타가 Homes.com을 통해 주거용 부동산에서 확장하고 있다는 점에서 주어지는 인정입니다.
2024년, Homes.com은 대규모 마케팅 캠페인과 중개인 멤버십 제품 출시 이후 상당한 성장을 달성했습니다. 2024년 3분기까지 이 플랫폼은 1억 3천만 명의 월 평균 고유 방문자 수를 기록하였으며, 브랜드에 대한 무응답 인지도는 2024년 2월에서 9월 사이에 4%에서 33%로 증가했습니다.
회사는 또한 Matterport, Inc. 인수를 계획하고 있으며, 3D 캡처 기술을 통해 부동산 데이터 기능을 강화할 계획입니다. 1986년에 설립된 코스타 그룹은 현재 14개국에서 6,400명 이상의 직원을 보유하고 있으며 S&P 500 및 NASDAQ 100 지수에 포함되어 있습니다.
CoStar Group (NASDAQ: CSGP) a annoncé que son PDG, Andy Florance, a été nommé parmi les dix dirigeants les plus puissants dans le secteur de l'immobilier résidentiel par le Swanepoel Power 200 pour la deuxième année consécutive. Cette reconnaissance découle de l'expansion de CoStar dans l'immobilier résidentiel, notamment via Homes.com.
En 2024, Homes.com a connu une croissance significative après une importante campagne de marketing et le lancement d'un produit d'adhésion pour agents. D'ici le troisième trimestre 2024, la plateforme a atteint 130 millions de visiteurs uniques mensuels, avec une notoriété de marque non sollicitée augmentant de 4 % à 33 % entre février et septembre 2024.
L'entreprise a également annoncé son intention d'acquérir Matterport, Inc., visant à améliorer ses capacités de données immobilières grâce à la technologie de capture 3D. Fondée en 1986, CoStar Group emploie désormais plus de 6 400 personnes dans 14 pays et figure dans les indices S&P 500 et NASDAQ 100.
CoStar Group (NASDAQ: CSGP) hat bekannt gegeben, dass CEO Andy Florance zum zweiten Mal in Folge zu den zehn einflussreichsten Führungskräften im Bereich Wohnimmobilien von der Swanepoel Power 200 ernannt wurde. Diese Auszeichnung resultiert aus der Expansion von CoStar im Bereich Wohnimmobilien, insbesondere durch Homes.com.
Im Jahr 2024 erzielte Homes.com ein signifikantes Wachstum nach einer umfangreichen Marketingkampagne und dem Start eines Agentenmitgliedschaftsprodukts. Bis zum dritten Quartal 2024 erreichte die Plattform 130 Millionen durchschnittliche monatliche eindeutige Besucher, wobei das ungestützte Markenbewusstsein zwischen Februar und September 2024 von 4 % auf 33 % angestiegen ist.
Das Unternehmen gab auch seine Absicht bekannt, Matterport, Inc. zu erwerben, um seine Datenkompetenzen im Immobilienbereich mit 3D-Erfassungstechnologie zu verbessern. Die 1986 gegründete CoStar Group beschäftigt nun über 6.400 Mitarbeiter in 14 Ländern und ist in den Indizes S&P 500 und NASDAQ 100 gelistet.
- Homes.com achieved 130 million average monthly unique visitors by Q3 2024
- Brand awareness increased significantly from 4% to 33% in 7 months
- Strategic expansion through planned Matterport acquisition
- Inclusion in S&P 500 and NASDAQ 100 indexes
- None.
Insights
The rise in Homes.com's unaided brand awareness from 4% to 33% in just seven months represents an extraordinary marketing success, particularly in the competitive real estate marketplace sector. The platform's achievement of 130 million average monthly unique visitors positions it as a serious contender against established players like Zillow and Realtor.com. The pending Matterport acquisition signals a strategic pivot towards enhanced visualization capabilities - a critical differentiator in the digital real estate space where immersive property tours are becoming standard.
The platform's rapid user growth suggests effective market penetration and potential for significant revenue generation through agent memberships and advertising. CoStar's inclusion in both the S&P 500 and NASDAQ 100 underscores its market significance and provides enhanced liquidity and institutional investor exposure. The company's expansion from commercial into residential real estate represents a massive total addressable market opportunity, estimated at over
The integration of Matterport's 3D capture technology with CoStar's existing platform represents a significant technological advancement in property visualization. This strategic move addresses the growing demand for virtual property tours, which became essential during the pandemic and remain highly valued by consumers. The technology acquisition will likely enhance user engagement metrics and time-on-site statistics, important factors for digital marketplace success.
The substantial increase in unique visitors indicates successful platform optimization and user experience design. The rapid brand awareness growth suggests effective digital marketing strategy execution and channel optimization. This technological foundation, combined with CoStar's data analytics capabilities, positions the company to potentially disrupt traditional real estate marketing and transaction models through enhanced digital solutions.
The annual Swanepoel Power 200 ranks the most powerful and influential executives in the residential real estate brokerage industry
The recognition of Andy Florance on the SP 200 top ten list for the second year in a row is directly attributed to his investment in expanding CoStar Group’s residential real estate presence. 2024 was a monumental year for the company’s online residential marketplace Homes.com, kickstarted by a massive marketing campaign and the launch of an agent membership product. By the quarter ending September 30, 2024, the Homes.com network had 130 million average monthly unique visitors with unaided brand awareness increasing to
“It’s a true honor to be recognized again as one of the most influential business leaders in real estate,” said Florance. “Last year was a remarkable year of growth for CoStar Group, and specifically with Homes.com, where we saw significant increases in website traffic, agent memberships and revenue growth. We’re deeply committed to providing the most in-depth and powerful real estate tools to help our clients and enhance the overall efficiency of the commercial and residential real estate markets, and our team is looking forward to advancing that commitment even further in 2025.”
Founded in 1986, CoStar Group has grown to over 6,400 employees in 14 countries and fulfills the company’s vision to digitize the real estate industry, empowering people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group is included in the S&P 500 Index, one of the premier benchmarks of the
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1986, CoStar Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of real estate information. CoStar is the global leader in commercial real estate information, analytics, and news, enabling clients to analyze, interpret and gain unmatched insight on property values, market conditions and availabilities. Apartments.com is the leading online marketplace for renters seeking great apartment homes, providing property managers and owners a proven platform for marketing their properties. LoopNet is the most heavily trafficked online commercial real estate marketplace with over thirteen million average monthly global unique visitors. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X offers a leading platform for conducting commercial real estate online auctions and negotiated bids. Homes.com is the fastest growing online residential marketplace that connects agents, buyers, and sellers. OnTheMarket is a leading residential property portal in the
View source version on businesswire.com: https://www.businesswire.com/news/home/20250108254196/en/
News Media
Matthew Blocher
Vice President
CoStar Group Corporate Marketing & Communications
(202) 346-6775 | mblocher@costar.com
Source: CoStar Group
FAQ
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