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 online real estate giant revealed Tuesday that homeowners only get on average 0.22 percent more selling on the open market than they do through Zillow Offers
Opinion
All signs point to yes. Here are the top takeaways from Zillow Unlock
'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
Greg Schwartz, president of media and marketplaces at Zillow, highlighted 3 critical changes the industry must make to service customers better
The real estate tech giant's homebuying and selling platform is officially live in its 21st market
Opinion
Laurie Weston Davis of Pinehurst, North Carolina-based Better Homes and Gardens Real Estate Lifestyle Property Partners shines a light on a badly handled dual agency situation
The iBuyer platform will join Zillow Offers, Opendoor and Offerpad in a crowded but popular market
The proprietary tech platform will connect sellers with institutional investors for a quick-close, all-cash offer, as well as show the buyer what the home might fetch on the market
Starting Wednesday, homeowners in the Houston metro area can get an all-cash offer for their home from the Seattle-based real estate brokerage
Opinion
Agents are evolving to face disruption, and if they can continue to do so successfully, I think we’ll see a fragmented iBuyer field as part of a broader, complex sales environment
The senator's proposed anti-home-flipping and vacant-home taxes could strain the likes of Opendoor, Offerpad and Zillow Offers. NAR, meanwhile, disapproves of its rental regulations
Zillow's direct-to-consumer homebuying and selling platform is officially live in San Antonio and Austin
The new partnership with roughly a dozen homebuilders in Zillow Offers markets will allow consumers looking at new construction homes the freedom of a flexible closing date