Daily Dispatch: Why brokerage value propositions will change

Zillow’s chief industry development officer talks to Brad Inman on his podcast about the changing value propositions for brokerages in the post-pandemic world.

by Inman | May 22
A comprehensive guide to industry resources for real estate agents
Real estate companies, trade groups and government agencies are offering resources amid the pandemic. Inman is trying to compile them all in 1 guide that will be updated daily
by Patrick Kearns | May 20
Zillow cuts off direct listing feed from Realogy franchisees
A Zillow spokesperson told Inman the company gets virtually all of its listings from MLS feeds these days
by Patrick Kearns | May 19
Former surgeon general tapped to help Zillow safely buy homes again
The company is bringing on Regina Benjamin, the former US surgeon general, to consult on and develop new safety protocols as it returns to iBuying
by Patrick Kearns | May 18
Remote work trends could lead to suburban boom: Zillow
The trend could ease price pressure on urban and inner suburban areas, according to Zillow Principal Economist Skylar Olsen
by Patrick Kearns | May 13
New listings rise, with greatest uptick in higher price points
The total number of new listings increased 5.9% week over week, but new listings in the highest price tier were up by 8%, according to new data from Zillow
by Lillian Dickerson | May 12
Is Zillow eyeing acquisitions with a new round of capital?
The company is seeking to raise $1B through stock and senior note offerings
by Patrick Kearns | May 12
Realtors are line of defense against banker greed
Opinion
The private sector and government leaders must be on guard as trillions of public dollars wash through the economic system and a broken economy can become a feasting ground for unsavory opportunists
by Brad Inman | May 11
Earnings offer hope, but 'normalcy' is still distant
The pandemic may continue to wreak havoc for some time, but a strong quarter of earnings offers support to the idea that there's light at the end of the tunnel
by Jim Dalrymple II | May 8
Zillow CEO: 'You're seeing years of technology progress get accelerated down into months'
Rich Barton highlighted how COVID-19 is greatly accelerating the need for technology transformation in the real estate industry on an earnings call
by Patrick Kearns | May 7
Redfin, Zillow to resume iBuying
Redfin is returning to homebuying immediately, while Zillow says a return is likely within a few weeks
by Patrick Kearns | May 7
As states reopen, some luxury agents are returning to open houses
'The threat of contracting it is still there but I do think that, in order to serve the client, I have the responsibility of coming up with a way to do this,' Atlanta Realtor Kim Wilkin said
by Veronika Bondarenko | May 7
Zillow hits $1.1B in revenue in Q1 as losses continue to grow
The full impact of the company's decision to halt homebuying in late March due to COVID-19 is not yet clear
by Patrick Kearns | May 7
Massive new iBuyer report gives deep insight into Zillow, Opendoor
The 168-page report from Mike DelPrete takes a look at how the pandemic has impacted iBuyers and how they're positioned to thrive in an era of social distancing
by Patrick Kearns | May 6
Zillow economist says housing market bottom is 'pretty much now'
The pandemic drove real estate sales down, but a checkmark-type recovery may already be beginning
by Jim Dalrymple II | May 5
Opendoor returns to homebuying with contact-free selling
The company is returning to Phoenix on May 4 and Raleigh-Durham on May 11 with 2 new platforms while updating its self-touring app for buyers
by Patrick Kearns | May 4
Zillow economist predicts 'check mark' recovery for housing market
Zillow Chief Economist Svenja Gudell forecasts a small decline in prices with a full rebound by the end of 2021
by Patrick Kearns | May 4
Daily Dispatch: Former Zillow CEO talks investing and disruption

Former Zillow CEO Spencer Rascoff talks with Brad Inman about his angel investing and how traditional business models need to evolve to survive.

by Inman | May 1
Increased uncertainty prompts rise in short-term and furnished rentals
As tourism drops and more renters are faced with questions of what comes next, a market for short-term leases and furnished rentals is opening up
by Lillian Dickerson | Apr 30
Zillow wants to help you rent an apartment virtually
The company launched new tools Tuesday to let renters search, apply for, rent and lease apartments online
by Patrick Kearns | Apr 28
Zillow is allowing staff to work from home until 2021
Zillow CEO Rich Barton made the pronouncement on Twitter last week
by Patrick Kearns | Apr 28
Zillow seeing rising web traffic, growing consumer interest
Traffic to listings on Zillow plummeted in the first weeks of the coronavirus pandemic. But it has since rebounded, suggesting more consumers might be ready to buy and sell houses
by Jim Dalrymple II | Apr 23
Opendoor layoffs are a retreat, not a defeat
Opinion
This tactical move is by no means a sign that iBuyers will fail. Opendoor’s deep pockets allow it to weather the current storm and remain intact (albeit smaller)
by Mike DelPrete | Apr 16
Hot market was doused by pandemic, Zillow report shows
A new report shows that what was poised to be 'the most competitive' spring market in years instead ended up with plummeting numbers of new listings
by Jim Dalrymple II | Apr 10
The Real Word: The 10 cities best prepared for a downturn
Opinion
Plus, NAR provides telemedicine services for Realtors and the brokerage that's getting creative with virtual tour scavenger hunts
by Byron Lazine | Apr 10
Corral multiple iBuyer offers with new web app OfferBarn
Opinion
The president of a 200-agent boutique brokerage in Atlanta developed a solution for helping agents educate clients on the rise of iBuyers
by Craig C. Rowe | Apr 10
Zillow and Trulia beat back patent infringement suit for listing apps
'This ruling ensures we will be able to continue to provide this information,' said a Zillow Group spokesperson
by Andrea V. Brambila | Apr 7
Former Zillow CEO Spencer Rascoff leaves board of directors
Spencer Rascoff served as CEO until 2019, when company founder Rich Barton returned
by Jim Dalrymple II | Apr 7
Interest in 3D tours explodes on Zillow, especially for rentals
With in-person real estate activity banned or limited in many markets, agents are taking to Zillow's 3D tours feature
by Patrick Kearns | Apr 3
StreetEasy suspends 'days on market' display
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
by Patrick Kearns | Mar 24
How real estate portals are reacting amid the coronavirus pandemic
In this fast-moving, dynamic time, portals are making significant moves to retain their agent clients and ease their financial burden
by Mike DelPrete | Mar 24
Zillow CEO: 'There's no coronavirus playbook'
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
by Patrick Kearns | Mar 24
Offerpad is the latest iBuyer to pause new home purchases
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
by Patrick Kearns | Mar 23
Zillow suspends homebuying in all 24 Zillow Offers markets
Zillow CEO Rich Barton cited safety concerns and said the company plans to fully resume iBuying once health concerns pass
by Patrick Kearns | Mar 23
How will iBuying fare in a world of social distancing?
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
by Mike DelPrete | Mar 18
Zillow is covering 50% of Premier Agent costs for 1 month
Zillow CEO Rich Barton announced the decision Tuesday in a letter to customers
by Patrick Kearns | Mar 17
SARS and Spanish Flu: What we can learn from pandemics of the past
Zillow Chief Economist Svenja Gudell breaks down how past pandemics, including SARS and the Spanish Flu, have impacted the housing market
by Patrick Kearns | Mar 17
Stocks plunge in worst day since 1987 and second worst in US history
The Dow Jones dropped 13% Monday, wiping out all gains made under President Trump
by Patrick Kearns | Mar 16
WATCH: Redfin's Glenn Kelman on Zillow, iBuyers and more
At Inman Connect Las Vegas, Kelman discussed Redfin’s products and future and why he's excited about Redfin Now, the company’s iBuying service
by Inman | Jul 26