Price cuts, while rare in this market, often lead to greater profit: Zillow

The number of sellers who choose to cut their listing price has dropped by a third over the last year, but a Zillow report found that if the price is dropped at the right time, sellers can net $15,000 over ask. Continue reading

Zillow revamps Premier Agent ‘Best of Zillow’ qualifications

Zillow said the new Best of Zillow scoring system will provide a more holistic view of agents’ performance. The update rolls out in October. Continue reading

Young adults put pandemic savings toward down payments

Zillow survey finds that half of millennials and Gen Zers plan to use money saved on transportation, child care and dining out to buy a home. Continue reading

Spencer Rascoff launches food-forward app with his daughter

A year after cutting ties with Zillow, former CEO Spender Rascoff is launching a food-forward social media app with his daughter, Sophia. Continue reading

Tomo launches with aim to ‘be the best at purchase mortgages’

The technology-based lender co-founded by former Zillow executive Greg Schwartz is now live in Seattle, Dallas and Houston. The company will refer homebuyers to real estate agents through a partnership with coaching company Tom Ferry. Continue reading

With new FTC chair, expect greater scrutiny on the real estate industry

Lina Khan’s appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation. Continue reading

‘Truly extraordinary’ home price gains highest since 2005: Study

April’s gains mark the 11th consecutive month of price increases, according to the latest S&P/Case-Shiller U.S. National Home Price Index released Tuesday. Continue reading

IBuyers are entering the previously untouched Northeast market: Mike DelPrete

Billion-dollar disruptors are coming to the Northeast market, featuring new models like instant offers, cash offers and buy-before-you-sell programs. Are agents and brokers ready? Continue reading

Offerpad draws from big companies as iBuyer prepares to go public

Four new members will join the iBuyer’s board later this year, including a Zillow executive and the former chief executive officer of Move, Inc. Continue reading