Inman

The Real Word: Zillow’s losing money, but not as much as before

Byron Lazine and Nicole White are two agents in Connecticut who give us their thoughts on the week’s news every Friday in “The Real Word,” a weekly video column on Inman.

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, Zillow lost $2,916 on every home it sold in Q2, on average. But this is a small price to pay for what they are gaining.

This week on “The Racket”:

  • A new study by Collateral Analytics shows that using an iBuyer platform can cost sellers up to 15 percent of the home value — more than it costs to use an agent.
  • Oregon is the first state in the country to get rid of single-family zoning. What could this mean for housing in cities?