“If anyone thinks Zillow is doing Zillow Offers to make money on home price appreciation, they’re wrong,” Rich Barton told the audience at Zillow’s Unlock event Monday. Continue reading
With iBuying, Zillow must move to a low-margin model that targets ‘mindbogglingly larger’ market than advertising, CEO Rich Barton proclaims in new interview Continue reading
Some innovations — novel or not, untested or not — change how the real estate industry works. Others fall by the wayside. Continue reading
IBM is suing real estate tech giant Zillow over seven charges of patent infringement related to a host of computer processes that Zillow uses to run its website. Continue reading
When real estate and Wall Street have a fling, things often go haywire. And sometimes it can end up impacting the entire industry. Continue reading
The company is offering $600 million in senior notes due in 2024 and another $500 million in senior notes due in 2026, executives announced. Continue reading
The real estate tech company argues in a petition for dismissal that its independent directors did not personally profit from the alleged wrongdoing. Continue reading
The fixer, master, money man, tortoise and inventor. Continue reading
Zillow business shifts, Wall Street’s thoughts on profitability and a slow housing market were the biggest topics over the past two weeks. Continue reading
Zillow lost, on average, $2,916 on each home it sold in the second quarter of 2019 after interest payments, earnings data shows. Continue reading