Tag Archives: Zillow homes

Zillow is still losing money on every home it sells – but not as much as it was 6 months ago

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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 →

Zillow Offers is officially live in the Twin Cities, more markets to come

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Zillow’s direct-to-consumer home buying and selling platform, Zillow Offers, launched Monday in Minneapolis-Saint Paul, it was announced. Continue reading →

Zillow Offers opens Southwest hub, plans to add 160 new jobs

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Zillow’s cut the ribbon Wednesday on a new southwest hub that will serve as the operations center for its year-old Zillow Offers platform. Continue reading →

Zillow has been buying homes for a year now. How’s it going?

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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 Homes could become a $20B biz. What do agents think?

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Projections Thursday that Zillow’s still-young iBuyer program could generate up to $20 billion in annual revenues prompted mixed reactions from agents. Continue reading →

Zillow thinks its iBuyer will dwarf Premier Agent soon

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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 →

Zillow is showing its own listings first for some users

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In Phoenix and Las Vegas, Zillow appears to have tested the prioritization of its own listings above others on its website, according to an analysis by Inman. Continue reading →