Tag Archives: spencer rascoff

Spencer Rascoff: Zillow won by focusing on consumers

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The portal’s co-founder and former CEO also said that Zillow’s impact includes creating tens of thousands of new “super agents.” Continue reading →

Newport Beach officially calls Pacaso a dirty word: ‘Timeshare’

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The California coastal town of 85,000 voted unanimously to relegate co-owned homes — like those sold by Pacaso and Ember — to areas that typically don’t have luxury homes in them. Continue reading →

Zillow settles shareholder lawsuit over co-marketing program

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Zillow has maintained its agent-lender co-marketing program is RESPA compliant, and admitted no wrongdoing while agreeing to pay $15 million, which was granted preliminary approval Monday Continue reading →

Proptech has reached an inflection point. So, like, what happens now?

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Disruptive sales models, lead aggregators and search products have transformed proptech into a true marketplace while freeing venture capitalists up to become more than mere power brokers. Continue reading →

Offerpad buys more time with $90M raise as end of runway approaches

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Private placement with existing investors including CEO Brian Bair extends the company’s cash burn runway by six months to a year, KBW analysts say. Continue reading →

Pacaso slashes 30% of workforce, citing rising rates and home prices

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Pacaso employees impacted by the cuts will be provided severance, healthcare coverage and career help, Pacaso CEO Austin Allison said during an all-hands conference call Tuesday. Continue reading →

It’s the end of an era as ‘father of the Zestimate’ retires from Zillow

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Stan Humphries, most recently Zillow’s chief analytics officer, announced his retirement this month after 15 years with the portal. For better or worse, his work changed real estate forever. Continue reading →

Pete Flint and Spencer Rascoff to share the stage together in 2023 at real estate’s premier conference

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Former Zillow CEO Spencer Rascoff and former Trulia CEO Pete Flint will collaborate on stage on January 25 at #ICNY. Continue reading →

Pacaso co-founders: ‘We’re in the early days of exciting new category’

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Pacaso CEO Austin Allison and Board Chairman Spencer Rascoff spoke to Inman about the emergence of a game-changing second-home model on the eve of its launch into a new market in California. Continue reading →

Spencer Rascoff: Housing demand ‘has fallen off a cliff’

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The former Zillow CEO said the rising cost of mortgages has cooled demand for homes, adding that he hopes in 2023 the Fed will be able to stop raising interest rates. Continue reading →