In 1996, the hosting site became public, allowing any Internet users to search for property listings, and expanded with the addition of Regional Multiple Listing Service (RMLS) listings in August. first launched in 1995 as the Realtor Information Network (RIN), which at that time was a closed network providing proprietary information to members of NAR. History Early history and public listing Originally located in San Jose, California, the company moved to Santa Clara in 2016. 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. The website is licensed to operate by the National Association of Realtors (NAR), the real estate industry's largest trade association. Succeeded by the new CEO Damian Eales started June 2023. David Doctorow was named the CEO in January 2020. 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. Ryan O'Hara served as chief executive officer (CEO) of both and Move until June 18, 2019. is operated by the real estate network Move, Inc., which is owned by News Corp. Since then, claims to be the largest real estate website in the United States, and in 2016 was valued at $2.5 billion by Morgan Stanley. It relaunched in 1996 as a public website displaying property listings. The site launched as the Realtor Information Network in 1995, serving as a closed network for members of the National Association of Realtors. It is the second most visited real estate listings website in the United States as of 2021, with over 100 million monthly active users. is a real estate listings website operated by the News Corp subsidiary Move, Inc. Kat Koutsantonis ( Chief People Officer).
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