Zillow begins sending warnings to brokers ahead of private listing ban

Zillow Group started notifying brokers on May 28 about listings that weren’t aded to the MLS within 24 hours of being publicly marketed. The portal declined to share how many notices have been sent. Continue reading

Zillow provides clarity on private listings rule — and when it rolls out

Zillow will send warnings about non-compliant listings beginning May 28, but enforcement won’t start until June 30. Agents will receive two warnings before their third non-compliant listing is blocked, executives said. Continue reading

Anywhere brings on Steve Capezza to head M&A efforts

The former Side and Zillow leader will work in his new role to grow Anywhere through acquisitions and mergers across opportunities that span brokerage, title and transaction services. Continue reading

New Zillow standards to hit NYC’s StreetEasy in June

Listings that are not sent to StreetEasy within 24 hours of being publicly marketed will still be published by StreetEasy but offending agents will lose access to key tools and programs on the platform. Continue reading

West USA Realty commits to Zillow Group’s listing policy

One of Arizona’s largest brokerages, West USA Realty, has committed to following Zillow Group’s listing access standard. The firm is the third to formally support the portal’s ban on privately marketed listings. Continue reading

Agents find waning value in the purchase of portal leads: Intel

Nearly 70 percent of agents who have purchased portal leads in the past say they no longer buy them, citing “time and money” needed for maximum ROI, according to the latest Intel Index polling data. Continue reading

Zillow and Redfin listing ban FAQ: What you need to know now

This week, Zillow Group and Redfin rocked the industry by banning listings that aren’t added to the multiple listing service (MLS) within 24 hours of being publicly marketed. The policies, which came two weeks after the National Association of Realtors… Continue reading

Zillow pushes back against private listings: The Download

Zillow’s answer to the rising tide of private listing networks has been met with both praise and pushback from industry leaders. Continue reading

Zillow to prohibit listings that are privately marketed

Zillow said the company’s new standards, which eXp Realty also committed to, show how it’s implementing Clear Cooperation on its platform. Those that do not meet the standards won’t be published on Zillow “for the life of the listing.” Continue reading

Zillow CFO shares $5B revenue goal at Morgan Stanley conference

The portal is on track to reach co-founder Rich Barton’s $5 billion revenue goal, Zillow CFO Jeremy Hofmann said Wednesday at Morgan Stanley’s Technology, Media & Telecom Conference. Continue reading