Schwartz joined Zillow in 2007, and the company will realign responsibilities under current leaders
Mike DelPrete found that iBuyers' business model differs from traditional home flippers. He also suggested iBuyers can profit from staying in their lanes
The move is also an effort to improve the unit economics of buying and selling homes as Zillow Offers continues to scale
The ballooning revenue and losses can be attributed to the scaling of Zillow Offers
The real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week
'If anyone thinks Zillow is doing Zillow Offers to make money on home price appreciation, they’re wrong,' Rich Barton told the audience at Zillow's Unlock event Monday
With iBuying, Zillow must move to a low-margin model that targets 'mindbogglingly larger' market than advertising, CEO Rich Barton proclaims in new interview
Opinion
Some innovations — novel or not, untested or not — change how the real estate industry works. Others fall by the wayside
IBM alleges in the lawsuit that Zillow built its business on software developed by IBM
Opinion
When real estate and Wall Street have a fling, things often go haywire. And sometimes it can end up really bad
The company is offering $600M in senior notes due in 2024 and another $500M in senior notes due in 2026
The company argues that its independent directors did not personally profit from the alleged wrongdoing
Zillow business shifts, Wall Street's thoughts on profitability and a slow housing market were the biggest topics over the past 2 weeks
On average, Zillow lost $2,916 on each home it sold in the 2nd quarter after interest payments, earnings data shows