Zillow thinks its iBuyer will dwarf Premier Agent within 5 years

The company expects its Homes division, which includes Zillow Offers, to earn $20B annually in 3-5 years, compared to $2B for its previous cash cow, agent ads

Zillow plans to purchase an average of 5,000 homes per month for all-cash from people around the country, and the company’s Homes division that oversees Zillow Offers will bring in expected annualized revenue of about $20 billion.