On Tuesday, Zillow announced that it would shutter Zillow Offers. With plans to unload 7,000 homes at an estimated $2.8B, Inman wants to know if there's another solution
The popular portal raked in $1.7B during the third quarter of 2021, though it also lost $328M — much of it from iBuying
The move should take several quarters and will also result in Zillow reducing its workforce by about 25 percent
The new team members will be based in Toronto and will work on financial platforms and technology infrastructure
With Zillow Offers woes and souring public opinion at their backs, Zillow has a few headwinds heading into its Q3 2021 earnings on Tuesday. Here are 4 things to keep an eye on
The news comes just weeks after the company announced a pause in its iBuying, and follows reports that it was underpricing homes in a number of cities
This year's highlights included the escalation of a Zillow-CoStar cold war, warnings that the market could turn and countless tips for agents who want to thrive in any kind of market
Onstage at Inman Connect Las Vegas, executives from multiple MLSs discussed how Zillow's purchase of ShowingTime upended relationships nationwide and advocated for choice when it comes to showing technologies
Opinion
'Dear Zillow, it’s not me, it’s you,' writes agent Meg Jones Mullin. Here’s why she cut back 80 percent of her $5,000-a-month Zillow lead spend
The top executive at realtor.com's parent company said agents remain essential customers for listing portals, even as companies offer services to buyers and sellers
Tomo co-founder and CEO Greg Schwartz shares what's wrong with the mortgage industry and how tech can revolutionize the consumer experience
You can virtually visit the fictional house of horrors to see its 'dingy cellar complete with built-in meat locker' and 'creaky wooden doors with mysterious witch-crafted claw marks'
Andy Florance weighed in on why his company is building a New York City portal and what he thinks of CoStar's rivals
Glenn Kelman said Wednesday at Inman Connect that many agents expect iBuyers to grow. He isn't so convinced, but does see disintermediation as a real issue
Andy Florance on Tuesday positioned his company's upcoming New York City portal as an alternative to Zillow-owned StreetEasy