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

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

Why iBuying is the new Zestimate

Between Zillow’s powerful grasp over the start of the consumer homebuying journey and the relative ease of instant online offers, it’s no question that the listing powerhouse can dominate this new frontier of buying and selling. Continue reading

Zestimate will be a ‘live offer for every house,’ Zillow CEO says

Zillow founder and CEO Rich Barton said Monday that in the future the home valuation Zestimate tool will double as an offer from his company to buy any house in the U.S. Continue reading

Zillow unveils new logo and Premier Agent scoring system

Zillow Premier Agents who earn scores of 90 or higher on online customer satisfaction surveys will be awarded a “Best of Zillow” badge on the site. Continue reading

Zillow will lend consumers money to buy homes

In a statement, Zillow framed the new program as a way to beef up its online homebuying and re-selling program Zillow Offers (in which the company makes all-cash offers on homes to homeowners and prospective sellers) Continue reading

Zillow’s latest mortgage move aims to improve quote accuracy

Zillow Group has made its latest move in the mortgage space, after jumping into the lending business last year. Mortech, a software provider for mortgage lenders that Zillow acquired for $12 million back in 2012, has partnered with Roostify, a platform… Continue reading

Here’s why this broker started his own iBuyer

Lamacchia Development, a sister company to the Massachusetts-based Lamacchia Realty, closed on its first home through the company’s iBuyer program, Offer Now. Continue reading

New tool allows consumers to compare iBuyer offers nationwide

Zavvie has launched Offer Optimizer, a tool that allows homeowners to compare instant offers from Offerpad, Opendoor, Zillow Offers and Redfin Now. Continue reading

New Zillow CEO saw iBuying as ‘existential threat,’ envisions changes to agent ad model

Zillow dived into iBuying after seeing it as an “existential threat,” the company’s newly reinstalled CEO said this week, and he anticipates major changes to its current practice of charging agents for a subscription to get leads. Continue reading

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

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