Zillow is suing Compass because it worries about anybody who is focused on using technology to reduce the time, stress and uncertainty it takes to buy and sell properties. Continue reading
It’s been a year since Zillow’s ambitious undertaking to buy and sell homes to consumers with quick-close, all-cash offers under the “iBuying” model. Continue reading
Zillow Group has hired Dawn Lyon, a former Glassdoor executive and longtime Zillow consultant, to serve as its new chief corporate relations officer. Continue reading
Zillow founder and CEO Rich Barton said Monday that in the future the home valuation Zestimate tool will double as an offer from his company to buy any house in the U.S. Continue reading
In a statement, Zillow framed the new program as a way to beef up its online homebuying and re-selling program Zillow Offers (in which the company makes all-cash offers on homes to homeowners and prospective sellers) Continue reading
Zillow dived into iBuying after seeing it as an “existential threat,” the company’s newly reinstalled CEO said this week, and he anticipates major changes to its current practice of charging agents for a subscription to get leads. Continue reading
Regular columnist Jay Thompson takes a look at earnings news — as well as the industry’s response — and why not really understanding the interworkings of businesses is a massive hurdle in real estate. Continue reading
Friday’s rally is particularly notable because other than installing Rich Barton as CEO, the company appears to be largely staying the course it laid out in prior earnings calls — including doubling down on the very programs that had previously spooked… Continue reading
Zillow plans to purchase an average of 5,000 homes per month for all-cash from people around the country, and the company’s Homes division that oversees Zillow Offers will bring in expected annualized revenue of about $20 billion. Continue reading
After nosediving following the release of its lower-than-expected third-quarter results, Zillow stock is on the rebound and two of its board members are doubling down on the Seattle-based real estate technology company. Continue reading