The Securities and Exchange Commission says it won’t make public until next year details of an exclusive agreement between Yahoo Inc. and Zillow Inc. under which Zillow provides for-sale listings to Yahoo Real Estate and sells ads featuring real estate brokers and agents that appear on both sites.
Zillow and Yahoo signed the listing and sales agreement in July 2010, with an initial term of 30 months from its February 2011 launch date. The companies extended the agreement into 2014 last year.
Some language in the agreement — which Zillow made public in an April 2011 SEC filing in preparation for its initial public offering — has been redacted in the version available on the SEC website.
The SEC says it will keep the redacted information — which includes details like the percentage of revenue Zillow is sharing with Yahoo Real Estate and the number of listings Zillow is required to provide, along with exact ad specifications and procedures for resolving disputes — private until August 2014. Source: sec.gov.
