AgentMarkets & Economy

Spencer Rascoff: ‘The days of the part-time agent are over’

Zillow Group CEO says company is focused on 'creating these super agents and growing their business'
Published on Feb 11, 2016

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by CareyBot

Zillow Group's strategy of capturing the business (and advertising dollars) of top-producing agents seems to be paying off -- in a big way. In the company's fourth-quarter and overall 2015 earnings call, it revealed that its average monthly revenue per advertiser (ARPA) was $438. That's a big jump from $339 in 2014 -- a spike of 29 percent ...

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