Ebay exec will lead Rupert Murdoch’s real estate charge

TRD LOS ANGELES /
Jan.January 08, 2020 04:10 PM
David Doctorow and Rupert Murdoch

David Doctorow, a senior executive at eBay, will be the new CEO of Move Inc., the News Corp. subsidiary that operates Realtor.com.

Effective Feb. 3, Doctorow will take the helm from and report to Tracey Fellows, who is News. Corp’s president of global digital real estate.

“David is a thoughtful, dynamic leader with vast experience in contemporary digital commerce, and thus the ideal individual to take charge at Move,” News Corp. CEO Robert Thomson said in a statement. At eBay, Doctorow was head of global growth, and he previously led marketing and strategy at Expedia.

Rupert Murdoch’s News Corp. edged its way into the real estate listings space in 2014, when it acquired Move Inc., the parent Realtor.com, for $1 billion. It’s been directly taking on Zillow, taking out ads touting its greater reach.  The company said in a statement that Realtor.com’s number of unique visitors has doubled since the acquisition.

In November, Realtor.com said it would be moving into offering “adjacencies,” such as mortgages as the overhaul of its lead generation platform continues. But unlike Zillow and other newer players, it has so far stayed out of the burgeoning iBuying space, describing it as too capital-intensive.

“What the hell does Zillow mean?” Murdoch said at a 2015 gathering of real estate agents in Midtown. “We know what ‘realtor’ means.” –TRD Staff


Related Articles

arrow_forward_ios
Welton Jordan of EAH Housing, and the block in South Park where the nonprofit development organization wants to build a 64-unit complex (Credit: Google Maps)

Two affordable housing projects will add 120 units to transformed South Park

Seamless thumbs up background.

Mark your calendars: These are LA’s top real estate events next week

14518-14526 Erwin Street (Credit: Google Maps)

Developer wants 71-unit complex to rise in Van Nuys Opportunity Zone

The project site (Credit: Google Maps)

New venture Staley Point Capital plans self-storage facility in LA Opportunity Zone

A former Fannie Mae employee to get 76 months for fraud

Ex-Fannie Mae employee sentenced in bribery, kickback scheme

Neil Kadisha

Property suit, Beverly Hills billionaire edition: Get that hot tub off my lawn!

Architect Simon Park and a rendering of the project (Credit: SSPSTUDIO ARCHITECTURE & URBAN DESIGN)

Boyle Heights slated for another mixed-use project

(Credit: iStock)

Despite federal suit, LA landlord won’t fire property manager accused of sexually abusing tenants

arrow_forward_ios
Loading...