Spencer Rascoff served as CEO until 2019, when company founder Rich Barton returned
With in-person real estate activity banned or limited in many markets, agents are taking to Zillow's 3D tours feature
Redfin CEO Glenn Kelman will take no salary for the rest of 2020 to help offset some of the cost
A number of big-name prop tech companies are taking on the COVID-19 downturn head-on by extending discounts, deferring payments and holding educational webinars to help the agent community
The Zillow-owned search portal is making changes to listing displays as the real estate industry slows down in New York, the epicenter of the country's coronavirus outbreak
In this fast-moving, dynamic time, portals are making significant moves to retain their agent clients and ease their financial burden
The company's RealSure program is suspending all-cash offers at this time
In an investors call, Rich Barton laid out plans to cut 25% of quarterly expenses by pausing hiring, cutting marketing, halting homebuying and reducing discretionary spending
Following in the footsteps of Redfin, Zillow and Opendoor, Offerpad has temporarily stopped making offers on homes due to safety concerns, effectively putting an end to the purchasing side of nearly all iBuyers nationwide for the foreseeable future
Zillow CEO Rich Barton cited safety concerns and said the company plans to fully resume iBuying once health concerns pass
The real estate search portal says it's still seeing significant search and lead activity on its website
The company is making big changes to the cost structure of its various coaching programs for the next 2 months
Opinion
Today’s market environment will finally shine a light on how the iBuyer business model will react as consumer demand wanes, and there are certain recognizable advantages
Zillow CEO Rich Barton announced the decision Tuesday in a letter to customers
Zillow Chief Economist Svenja Gudell breaks down how past pandemics, including SARS and the Spanish Flu, have impacted the housing market