Tag Archives: zillow

Traditional brokerage or tech company: How is Compass being valued?

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Is Compass worth $4.4 billion, and is it being valued as a traditional brokerage or a technology company? Mike DelPrete takes a look at the company’s valuation, revenue, transaction volume, agent count and profitability. Continue reading →

An epic fall from grace: Realogy’s total stock collapse

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NRT CEO Ryan Gorman is heads down, using big data to figure out how to get out from under commercial leases, reducing the biggest expense of most broker-owners: office space provided to house weak agents. They are also shedding more and more poor perfo… Continue reading →

Why don’t we think about clients’ specific needs?

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Other than that narrow exception that agents make for first-time homebuyers, agents don’t think of clients as having specialized needs that require customized solutions. Instead, agents provide a cookie-cutter approach to standardized service with the … Continue reading →

Trulia founder Pete Flint’s venture firm NFX raises $275M

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NFX splits its investments equally between business-to-business companies and business-to-consumer companies, but said that out of 3,000 firms seeking money this year it will ultimately only fund 0.5 percent. Continue reading →

Best friends 4ever? Redfin strikes deal with Zillow to list in 4 cities

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Long-time rivals Zillow and Redfin have finally made peace — over one issue at least — and struck a deal that allows the former to directly host the latter’s listings in four U.S. cities. Continue reading →

Millennials can differ by age: what agents need to know

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As the oldest of the millennial generation push toward 40, they’re acting less and less like their younger selves. With partners, parenting, new jobs, and pets taking center stage, their lives are often more complicated, their circle of concerns wider … Continue reading →

Why didn’t all the rain put a halt to homes sales this spring?

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The conventional wisdom is that the past month of nonstop rain should have put a damper on real estate sales, but, in fact, the opposite has happened. Continue reading →

Zillow: The median home value dropped for first time in 7 years

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The median listed home value in the United States clocked in at $226,800 in April, according to the latest monthly home data released by Zillow. Continue reading →

NAR CEO says he’s ‘not terrified’ of Zillow

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Real estate tech giant Zillow Group has been known to rattle Realtors on occasion, especially as it expands its iBuyer program, Zillow Offers, in which it buys homes for all-cash directly from consumers over the internet. But the CEO of the nation’s la… Continue reading →