Zillow CFO shares $5B revenue goal at Morgan Stanley conference
The portal is on track to reach co-founder Rich Barton's $5B revenue goal, Zillow CFO Jeremy Hofmann said Wednesday at Morgan Stanley's Technology, Media & Telecom Conference
by Marian McPherson Mar 6
Zillow Pres Susan Daimler steps down, Jun Choo becomes COO
Daimler had been president of the mega-portal since early 2021. She previously held the roles of senior vice president and GM at Zillow
by Jim Dalrymple II Nov 14
Mortgage segment stands tall as Zillow posts revenue growth in Q3
Zillow tallied $581M in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal's mortgage business hit $39M, a 63% increase from 2023
by Jim Dalrymple II Nov 6
Zillow Q2 revenue exceeds expectations, grows 13% to $572M
Better-than-expected residential segment bolstered Seattle-based portal's Q2 performance, which saw growing revenues, slimming losses as it zeroes in on 'fully-integrated' homebuying
by Marian McPherson Aug 7
Zillow releases 24 state-compliant short-term touring agreements
Four months after releasing a first-of-its-kind short-term touring agreement, Zillow has released 24 state-compliant versions of the agreement exclusively for Premier Agent partners
by Marian McPherson Aug 1
DelPrete: Why real estate tech platforms can't quit the agent
Opinion
The last mile of lead generation, where an agent connects with a client, is what tech can't recreate on its own, Mike DelPrete argues
by Mike DelPrete Aug 29
Zillow sees losses rise in Q2 thanks to 'tough' market
The company lost $38M between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as 'crucial,' in a newly published earnings report
by Jim Dalrymple II Aug 2
Will the second quarter of 2023 match real estate's Q1 meltdown?
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they're watching with Intel
by Jim Dalrymple II Jul 26
Zillow and Opendoor expand partnership to 11 new markets
The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt, according to an announcement Thursday
by Jim Dalrymple II Jun 1
Zillow expands 'post-pay' Premier Agent model to 2 new markets
The expansion is part of Zillow's 'enhanced markets' program, which is now in 6 cities and part of the company's efforts to eventually build a real estate 'super app'
by Jim Dalrymple II May 26
Zillow begins 'critical' year with mounting losses, falling Q1 revenue
Zillow brought in $469M in revenue, according to an earnings call Wednesday, falling 13% from the $536M it brought in a year earlier during a period that preceded the rate hikes and sluggish sales
by Jim Dalrymple II May 3
Zillow gets vote of confidence from JP Morgan analysts
Analysts gave Zillow an 'overweight' rating which means they expect Zillow to outperform peer companies. The report also sets Zillow's share price target at $48 by December of this year
by Jim Dalrymple II Feb 28
Zillow sees revenue dip in Q4, but manages to trim losses
The portal giant brought in $435M in revenue during the fourth quarter of last year and lost $72M, according to 4Q22 earnings released Wednesday afternoon
by Jim Dalrymple II Feb 15
Cost cutting and existentialism: What to expect from earnings
Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive
by Jim Dalrymple II Feb 15
Side hires Zillow veteran Stephen Capezza to serve as president
Capezza joins Side during a period that has proven challenging for the broader real estate industry and 'is the exact right person to help guide Side through the next phase of our growth'
by Jim Dalrymple II Jan 3