Tag Archives: Premier Agent

DelPrete: Why real estate tech platforms can’t quit the agent

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The last mile of lead generation, where an agent connects with a client, is what tech can’t recreate on its own, Mike DelPrete argues. Continue reading →

Zillow sees losses rise in Q2 thanks to ‘tough’ market

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The company lost $38 million between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as “crucial,” in a newly published earnings report. Continue reading →

Will the second quarter of 2023 match real estate’s Q1 meltdown?

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Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they’re watching with Intel. Continue reading →

Zillow and Opendoor expand partnership to 11 new markets

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The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt. Continue reading →

Zillow expands ‘post-pay’ Premier Agent model to 2 new markets

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The expansion is part of Zillow’s “enhanced markets” program, which is now in six cities and part of the company’s efforts to eventually build a real estate “super app.” Continue reading →

Zillow begins ‘critical’ year with mounting losses, falling Q1 revenue

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Zillow brought in $469 million in revenue, according to an earnings call Wednesday, falling 13 percent from the $536 million it brought in a year earlier during a period that preceded the rate hikes and sluggish sales. Continue reading →

Zillow gets vote of confidence from JP Morgan analysts

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Analysts gave Zillow an “overweight” rating, which means they expect Zillow to outperform peer companies. The report also sets Zillow’s share price target at $48 by December of this year. Continue reading →

Zillow sees revenue dip in Q4, but manages to trim losses

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The portal giant brought in $435 million in revenue during the fourth quarter of last year and lost $72 million, according to 4Q22 earnings released Wednesday afternoon. Continue reading →

Cost cutting and existentialism: What to expect from earnings

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Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive. Continue reading →

Side hires Zillow veteran Stephen Capezza to serve as president

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Capezza joins Side during a period that has proven challenging for the broader real estate industry and “is the exact right person to help guide Side through the next phase of our growth,” the company said. Continue reading →