Zillow turns a profit in Q1 as housing market gets ‘choppy’

The company reported soaring revenues in the first quarter of 2022 but also continued its Zillow Offers wind-down, which the company said has entered its final days. Continue reading

Realogy CEO Ryan Schneider: Make no mistake, ‘Zillow is a competitor’

Ryan Schneider said Zillow is competing with agents and lamented they’re still writing checks to the company. “It is a shame our industry let those companies get created,” Schneider said at ICNY. Continue reading

Zillow president says agents are essential, criticizes dual agency

Zillow President Susan Daimler on Tuesday praised the “essentialism” of real agents, while also subtly knocking rival CoStar. Continue reading

Opendoor vs. Zillow: Pricing is a ‘competitive advantage for iBuyers’

A comparison of Zillow Offers and Opendoor highlights the critical importance of pricing in iBuying. There’s an understated elegance in the detail; it’s not just buying low and selling high. But what makes for a successful pricing operation? Continue reading

Zillow in 2022: How one of the biggest names in real estate recovers from its biggest stumble

Zillow started 2021 ascendant but finished by bowing out of iBuying. The coming year will test the portal’s ability to pivot. Continue reading

Redfin in 2022: Does slow and steady ultimately win the race?

Redfin is an iBuyer, a brokerage and a portal. But the company is also known for taking a more conservative approach to growth than some rivals. Continue reading

Real estate in 2021 was weird, wild and always unpredictable

The year saw explosive rivalries, wild stock market performances and plenty of rage. Continue reading

The 6 tech trends that defined real estate in 2021

Finally, COVID-19 wasn’t at the heart of the year’s prevailing real estate technology trends. Instead, 2021 was marked by notable acquisitions and the fallout from the biggest of them all. Continue reading

IBuyers net record-high sales in Q3 amid skyrocketing purchase volume

Phoenix homeowners unloaded a mind-blowing $1.47 billion worth of housing stock to an iBuyer in the third quarter, the first instance a single market has exceeded $1 billion in iBuyer sales. Continue reading

Zillow stock rebounds on news of stock buyback, iBuyer selloff

Zillow’s stock bounced back to the highest level in a month as the portal announced a stock buyback plan and its speedy progress on sunsetting Zillow Offers. Continue reading