Zillow harnessed the power of the internet and delivered tangible value to agents while the legacy industry stood by and let it unfold. Now, Zillow has become the industry's octopus, its tentacles reaching everywhere.
Digital notary startup Notarize announced Wednesday that it struck up a partnership with dotloop, a Zillow-owned company that provides a popular transaction management platform for real estate professionals.
Agents in California who use the transaction management platform will no longer need to download and import forms.
Agents who use the Zillow-owned platform will be required to opt out of a new data-sharing policy if they don't want dotloop to share their data with third-party affiliates.
The fax machine is finally put to rest. With the onset of e-closing platforms and RON, the real estate sales cycle is 100 percent online, mobile and in the cloud. Here's a quick list of vendors for each phase of the deal.