A New Jersey District Court Judge dismissed last week, an antitrust lawsuit that alleged Zillow impacted competition by concealing the Zestimate on homes listed by certain brokerages. Continue reading
Regular columnist Jay Thompson takes a look at earnings news — as well as the industry’s response — and why not really understanding the interworkings of businesses is a massive hurdle in real estate. Continue reading
Profits at Douglas Elliman fell by nearly 75 percent in 2018, thanks in part to a slower residential market, according to the latest earnings report. Continue reading
The real estate world was rocked when Zillow announced that its CEO of 10 years, Spencer Rascoff, would be stepping aside and that co-founder and original CEO Rich Barton would be taking over again. Naturally, the conspiracy theories ensued, but our in… Continue reading
Last week, Zillow announced a major strategic shift: Along with a new CEO, it made clear that its top focus is its Zillow Offers iBuyer business. Let’s talk about the highlights of that announcement. Continue reading
RE/MAX will begin previewing its forthcoming end-to-end real estate platform for agents and consumers this week at its R4 conference in Las Vegas. Continue reading
Popular real estate apps have been quietly sharing data with Facebook, reportedly even when users didn’t log into or have accounts with the social network. Continue reading
Like the Warren Buffett-Charlie Munger superhero partnership, Zillow founder Barton and his wingman Lloyd Frink run the show behind the Zillow curtain. Continue reading
The seller of one of the nation’s most expensive real estate listings is suing real estate giant Zillow Group for $60 million in damages. Continue reading
Friday’s rally is particularly notable because other than installing Rich Barton as CEO, the company appears to be largely staying the course it laid out in prior earnings calls — including doubling down on the very programs that had previously spooked… Continue reading