Zillow Offers' demise 'attributable to internal factors,' report claims
Zavvie has found that both iBuyers and Power Buyers are seeing explosive growth — suggesting Zillow's recent moves don't reflect weakness in the iBuying concept
by Jim Dalrymple II Nov 30
Power Buyers: What to know about real estate’s buzziest new buyer tools
The innovation wave has hit the buy-side, with Power Buyers emerging as this year's buzziest business model. Here's everything you need to know to power up your clients' purchasing prowess
by Marian McPherson Nov 29
4 reasons every brokerage needs an iBuyer solution (yes, even after Zillow)
Opinion
Consumers will continue to increasingly seek different real estate pathways. Zillow, Redfin, Opendoor and other national iBuyers aren’t going away. Why not stake your claim on a piece of the action?
The case for reinvention: Why agents should always be adapting
Opinion
The shuttering of Zillow Offers is a good lesson in reinvention for all agents. As consumer expectations change, agents need to adapt and add value to stay ahead of the competition
by Jeff Glover Nov 25
Targeting Zillow again, CoStar's Homesnap unveils new showing tool
The company announced its latest management tool, which it bills as a direct competitor to the widely used ShowingTime product
by Daniel Houston Nov 23
5 ways NAR's annual conference changed the future of real estate
The trade group changed real estate listings nationwide, made buyer agent compensation more transparent, declared a divisive symbol discriminatory and turned the gender divide on its head
by Andrea V. Brambila Nov 19
'IBuyers have never been bigger': Mike DelPrete
Opinion
Seasonality and the Zillow exit will certainly impact this, but for the time being, iBuyers are at an all-time high, with Opendoor leading the pack
by Mike DelPrete Nov 17
Spencer Rascoff: The transaction facilitator category needs a rebrand
Rascoff: iBuying will survive without Zillow, but companies that 'take the friction out of transactions' need a new name for their services
by Matt Carter Nov 16
Zillow Offers is dead. But Zillow (and iBuying) is here to stay
At Connect Now on Tuesday, real estate analyst Mike DelPrete shared with Brad Inman where Zillow went wrong with Zillow Offers and what 'Zillow 3.0' could look like
by Marian McPherson Nov 16
Capitol rioter mistakenly shows attack plans in Zillow listing photos
Former Green Beret and Oath Keepers member Jeremy Brown is in hot water with the FBI after listing photos revealed the contents of his weapons arsenal
by Marian McPherson Nov 15
Listing agents dropped from NAR's controversial attribution proposal
A requirement to display listing firm contact information 'at least as prominently as any other contact information' was stricken from the proposal, which passed on Saturday
by Andrea V. Brambila Nov 15
Los Angeles wants to ban iBuying
The city council just approved an effort that will look for strategies to stop iBuyers such as Opendoor and Redfin
by Jim Dalrymple II Nov 13
ShowingTime rolls out new safety, video tools
The new tools will let agents conduct live video tours and send out automated emergency texts if or when they run into trouble
by Jim Dalrymple II Nov 12
LeadingRE retracts support of NAR listing attribution proposal
After broker feedback, indie brokerage network says its updated stance is 'neutral'
by Andrea V. Brambila Nov 12
'Zillow, it's not me, it's you' Part 2: Premier Agent leads are weak
Opinion
Premier Agent leads have slipped, says real estate agent Meg Jones Mullin in her follow-up break-up letter to Zillow. She and others sound off
by Meghan Mullin Nov 12
Multiple law firms investigating Zillow for potential securities fraud
The investigations — which are relatively common after a company discloses very bad news — are a response to Zillow's announcement that it will end its iBuying business
by Jim Dalrymple II Nov 12
RE/MAX urges NAR to reject listing attribution proposal entirely
Real estate franchisor says giving the listing brokerage equal billing would cause consumer confusion
by Andrea V. Brambila Nov 11
Seasonality is back, iBuying is alive, and other big earnings takeaways
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy
by Jim Dalrymple II Nov 11
Zillow, Realogy push for NAR listing agent attribution
Some MLSs are 'strongly opposed' to requiring the display of listing agents in addition to listing brokerages
by Andrea V. Brambila Nov 10
Offerpad sees surging growth in Q3 across revenue, profits, homes sold
CEO Brian Bair offered reassurance in the wake of Zillow's iBuying exit that Offerpad's business model is working
by Lillian Dickerson Nov 10
Zillow offloads 2,000 homes to New York City investment firm: Report
Pretium Partners has agreed to buy some of Zillow's homes as the listings portal exits the iBuyer business, The Wall Street Journal reports
by Daniel Houston Nov 10
What to expect as Compass, Opendoor, Offerpad and Keller Williams release earnings today
How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO?
by Lillian Dickerson Nov 10
Zillow raced to catch up with Opendoor in a secret initiative called ‘Project Ketchup’: Report
Zillow may have damaged relationships with repair contractors in its race to gain market share from rival iBuyers, Business Insider reports
by Daniel Houston Nov 9
MLS Aligned preps new showing service, adds another new owner
BeachesMLS is the latest mega MLS to join MLS Aligned as the joint venture gears up to release Aligned Showings
Coldwell Banker Bain acquired by Houston title insurance company
Coldwell Banker Bain chair Bill Riss has sold his majority interest in the company to US RES Holdco, an affiliate of Houston title insurance company Stewart Information Services
Offerpad CEO: Zillow's folly was in 'chase' to be the 'fastest'
In a new interview on Thursday, Offerpad CEO Brian Bair explained where Zillow went wrong and his enduring faith in the iBuying business model
by Marian McPherson Nov 5
Inman Top 5: The biggest stories of the week Oct. 29 - Nov. 5, 2021
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
by Inman Nov 5
No, BlackRock isn't buying up all of Zillow's homes
Zillow's ill-fated iBuying venture drew detractors online before the program collapsed. But as the company races to unload 18,000 homes, were they right about where it's headed?
by Daniel Houston Nov 5
What Zillow shutting down iBuying means for agents
Opinion
Zillow is not going away, and iBuyer programs are still disrupting. Those are the facts — but there's a massive opportunity to step up and step into your own role as a real estate professional. Here's what you need to know
by Darryl Davis Nov 4
Zillow after Zillow Offers: Here’s what happens next
Experts envision the company pivoting to the comparatively easier business of working with buyers after the failed experiment of scooping up homes from sellers
by Jim Dalrymple II Nov 4
Opendoor co-founder slams Zillow, calls portal's tech 'horrible'
Keith Rabois also said on Twitter Wednesday that he expects Zillow to suffer 'even greater losses than they admit'
by Jim Dalrymple II Nov 4
These venture capitalists predicted Zillow Offers' demise
Opendoor co-founder Keith Rabois and 'The Big Short' investor Steve Eisman predicted the end of Zillow Offers as soon as it began. What did they see that others didn't?
by Marian McPherson Nov 4
Zillow Offers collapse is proof of the Zestimate's inaccuracy
Opinion
Zillow’s decision to shut down its iBuying business is more than just a response to the volatility of the Zestimate, but rather an indication that technology can't solve everything
by Bernice Ross Nov 4
Zillow exits iBuying: 5 things you should know
Opinion
This move that has significant implications for the real estate industry. Here's why
by Mike DelPrete Nov 3
Zillow stocks plunge as competing iBuyers hang steady amid chaos
Thirty minutes into trading on Wednesday, Zillow Group's stock was down about 16.6 percent to around $70.55 per share
The Zestimate comes back to bite: Reactions to the end of Zillow Offers
Industry professionals and social media wags alike reacted to news on Tuesday that Zillow would shut down Zillow Offers, its iBuyer program. Many pointed to CEO Rich Barton's statements on the difficulties of forecasting home prices and the company's Zestimate tool
by Marian McPherson Nov 3
Zillow sees revenue tick up as tension mounts over iBuyer fallout
The popular portal raked in $1.7B during the third quarter of 2021, though it also lost $328M — much of it from iBuying
by Jim Dalrymple II Nov 2
Zillow to shut down iBuying program Zillow Offers
The move should take several quarters and will also result in Zillow reducing its workforce by about 25 percent
by Jim Dalrymple II Nov 2
What to Watch for: Zillow's Q3 2021 earnings results
With Zillow Offers woes and souring public opinion at their backs, Zillow has a few headwinds heading into its Q3 2021 earnings on Tuesday. Here are 4 things to keep an eye on
by Marian McPherson Nov 2
Zillow shooting for 7,000 home sales at $2.8B after iBuying pause
The news comes just weeks after the company announced a pause in its iBuying, and follows reports that it was underpricing homes in a number of cities
Listing 'mafias,' the Amazon of real estate and other Connect standouts
This year's highlights included the escalation of a Zillow-CoStar cold war, warnings that the market could turn and countless tips for agents who want to thrive in any kind of market
by Jim Dalrymple II Nov 1
How NAR and multiple listing services fail brokers
Greg Robertson and Victor Lund don't hold back on why obtaining MLS data should be easier and why the National Association of Realtors' policy should be enforced
Tour a creepy ‘haunted’ house made by Zillow — if you dare
You can virtually visit the fictional house of horrors to see its 'dingy cellar complete with built-in meat locker' and 'creaky wooden doors with mysterious witch-crafted claw marks'
CoStar CEO accuses competitors of ‘hijacking’ listings
Andy Florance weighed in on why his company is building a New York City portal and what he thinks of CoStar's rivals
by Jim Dalrymple II Oct 28
CoStar CEO likens Zillow's StreetEasy to blackmail
Andy Florance on Tuesday positioned his company's upcoming New York City portal as an alternative to Zillow-owned StreetEasy
by Jim Dalrymple II Oct 26
Brokers: 'Leverage everything you can' to get agents leads
From inside sales agents and online leads to repeat and referral business, brokers need to pull out all the stops to help agents generate leads
by Lillian Dickerson Oct 26
CoStar revenue rises to new heights in latest earnings report
The company pulled in $499M in revenue during the third quarter of this year. That's a 17% jump compared to last year at the same time
by Jim Dalrymple II Oct 26
Zillow's iBuyer misstep will soon be 'a distant memory': Mike DelPrete
Opinion
Within the context of long-term industry disruption, Zillow's loss may simply be an embarrassing detour on its inexorable march to transform real estate
by Mike DelPrete Oct 25
Outlook improves for home sales through end of 2021, beyond: Zillow
Strong numbers of pending home sales and applications for purchase loans have pushed up sales forecasts through the end of the year
by Daniel Houston Oct 20
As Zillow pumps brakes on buying, other stunned iBuyers forge ahead
Zillow says it's facing supply and labor constraints. But other iBuyers, who expressed surprise over Zillow's abrupt pause, say they aren't suffering from the same issues
by Jim Dalrymple II Oct 18
CoStar takes aim at Zillow in NYC with launch of Citysnap portal
Homesnap's new portal should launch across New York City in 2022. It's the latest development in a simmering search portal cold war between CoStar and Zillow
by Jim Dalrymple II Oct 13
Compass stock, market cap tumbles to new low
The company's shares ended Monday trading at $10.74, down significantly compared to when they debuted about 6 months ago. The drop reduced Compass' valuation to $4.2B
by Jim Dalrymple II Oct 11
Inman Top 5: The biggest stories of the week Oct. 1-5, 2021
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
by Inman Oct 8
Zillow, Warburg and 4 takeaways from Coldwell Banker's Gen Blue
The pandemic, a big acquisition and the specter of Zillow were all significant parts of Coldwell Banker's latest gathering
by Jim Dalrymple II Oct 7
Zillow Housing Hackathon winners create renter affordability app
The HBCU Housing Hackathon was a 7-day virtual competition to challenge students to create and pitch tech solutions to help consumers overcome obstacles in finding a home. The winning team was from Morehouse College
Zillow, ShowingTime and why lack of competition kills customer service
Opinion
As fewer companies dominate the scene and own the software it takes to run a real estate business, prices will go up while customer service and innovation decline
by Teresa Boardman Oct 6
Essential workers sacrifice space and home age to afford their rent: Zillow
Millions of renters throughout the US are often forced to choose smaller and older homes to afford their rent, according to a recent report from Zillow
REX: 'Outmoded' real estate rules 'struck a vein' with DOJ
Brokerage backed by Chris Christie and Jeb Bush says agent steering by commission should 'shock the conscience' of anyone interested in equity in housing
Zillow wraps ShowingTime deal as feds continue FTC investigation
The $500M deal was first announced in February, and prompted a heated debate among ShowingTime users. Despite the deal closing, the FTC is reportedly still seeking information from the companies
by Jim Dalrymple II Oct 1
Why REX pays buyer agents and uses MLSs — sometimes
REX's general counsel Michael Toth says the discount brokerage pays buyer agents in at least 40% of its list-side transactions
Stuck in a rut? 22 under-the-radar lead generation ideas for agents
Sometimes using the latest, cutting-edge tech tools are the way to go, but often old-school analog methods just can't be beat
by Lillian Dickerson Sep 30
REX CEO calls on NAR to repeal 'anti-consumer' rules at conference
In an open letter, Ryan alleges the National Association of Realtors' rules prevent hundreds of thousands of Americans from attaining homeownership. He called on NAR to repeal the rules at its Realtors Conference and Expo in San Diego in November
by Andrea V. Brambila Sep 30
Twitter applauds as Berlin votes to wrestle apartments from landlords
'All those in favor of expropriating every house that Zillow owns, say aye,' tweeted one American as Berlin's vote to seize 240K apartments rippled across the globe
by Lillian Dickerson Sep 27
How to use Zillow to grow your business in 2021
Find out how Zillow has managed pandemic-fueled increases in online traffic while enhancing services to agents and customers
by Christy Murdock Sep 27
Redfin CEO, Zillow pour cold water on TikToker's iBuyer theory
A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory 'fairly conspiratorial,' and iBuyers themselves said they still have a tiny share of the market
by Jim Dalrymple II Sep 23
Fall housing outlook: Cooling prices, tighter inventory, less competition
As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight
by Lillian Dickerson Sep 22
'I’ve never seen anything like this': Bidding wars hit the rental market
The for-sale market appears to be cooling down, but the rental market is fiery-hot in housing markets nationwide, with would-be tenants getting their first taste of bidding wars
by Lillian Dickerson Sep 21
Struggling homeowners may evade foreclosure thanks to surging prices
Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists
by Daniel Houston Sep 21
Tomo's CEO on the mortgage industry: 'It's like going to the DMV'
During a conversation with Brad Inman at Connect Now, Greg Schwartz said 'mortgage is the catastrophe of the real estate transaction,' and shared how Tomo is changing that
by Lillian Dickerson Sep 21
ShowingTime's offer management platform sees surging interest
Real estate professionals in the US and Canada used ShowingTime's Offer Manager to handle more than 120,000 offers over the last year
by Jim Dalrymple II Sep 20
NAR vs. DOJ: A timeline of the battle as it stretches into 4th year
An analysis of the association's petition offers a step-by-step timeline of the events leading up to the DOJ's launch of a new investigation of NAR rules
by Andrea V. Brambila Sep 16
REX takes new jab at NAR in blistering 'cartel economics' attack
The discount brokerage struck on Wednesday following the National Association of Realtors' petition 2 days earlier to compel the DOJ to uphold its antitrust settlement
by Lillian Dickerson Sep 15
It looks like the US is headed for a 2nd wave of homeowner reshuffling
A large share of employees want to work remotely, but some say their employers' lack of guidance on this policy is delaying big decisions
by Daniel Houston Sep 15
3 moments that made Zillow President Susan Daimler
Daimler became president of Zillow in February, but has been honing her leadership skill since her early days as the co-founder of multiple startups. Read about the 3 moments that sharpened Daimler's leadership skills ahead of her appearance at Inman Connect Las Vegas
by Jim Dalrymple II Sep 13
Realogy calls for NAR rule change on listing broker attribution
Real estate brokerage giant says 'many listing search websites misdirect consumers by obfuscating display of a property’s listing firm'
Largest MLS in nation signs off on slew of big changes to listings
California Regional MLS, which boasts more than 108,000 subscribers, has instituted changes on how listing agents and brokers appear on online listing pages
Offerpad stock surges on second day of trading as iBuyers see gains
The iBuyer's stock spiked 27% on Tuesday before settling back down to $10 per share as investors continued to show interest in companies that make direct cash offers for homes
by Daniel Houston Sep 8
IBuyers on track to have record-setting sales in Q3
A new report from Zillow found that the nation's largest iBuyers reached a 1 percent market share in the second quarter of 2021, setting the stage for record-breaking sales in Q3
by Marian McPherson Sep 7
Federal judge denies NAR, Zillow's motion to end REX lawsuit
Federal Judge Thomas Zilly said REX Real Estate's antitrust allegations against NAR and Zillow are 'plausible' in an order on Thursday. NAR said it will continue to defend itself against REX's claims
by Marian McPherson Sep 3
Offerpad enters the NY Stock Exchange with a $2.7B valuation
The iBuyer went public a day after merging with the Spencer Rascoff-led Supernova Partners Acquisition Company. The company will now be known as 'Offerpad Solutions'
Kocomo brings co-ownership model to luxury international homes
Startup Kocomo has raised $56M to further its mission of democratizing owning a luxury second home in popular vacation destinations like the Caribbean and Mexico
The homebuyer in 2021? Middle-aged, married and college educated
Zillow Group's 2021 Consumer Housing Trends Report breaks down what buyers looked like in 2021, what they wanted most and how that compared to previous years
Zillow releases e-book to help kids with stress of moving
The book follows a young girl named Iris, as she goes through a move alongside her parents and friends. Sale proceeds will go to Covenant House, a nonprofit that helps homeless youth
by Lillian Dickerson Aug 31
Flyhomes launches new tool to tackle buyer's remorse
The Seattle-based startup, has launched a new tool that allows clients who regret their move to relist with no seller's commission
by Libertina Brandt Aug 26
Zillow's agent revenue lead on realtor.com is slipping: Mike DelPrete
Opinion
The lead may have slipped, but the truth is that both companies are extracting more revenue from agents than ever before
by Mike DelPrete Aug 23
Zillow sharpens Rent Zestimate for homeowners
The refreshed Rent Zestimate has a 5% greater accuracy rate than its previous rendition, according to Zillow
by Lillian Dickerson Aug 23
Even before the pandemic, rents weren’t expected to rise this high
Rent prices were 9% higher in July than at the same time last year, evidence of a rental market recovery in full swing
by Daniel Houston Aug 20
NAR to federal court in REX case: Ignore the DOJ
REX calls out NAR for alleged 'false assertions,' while NAR alleges REX is blaming others for its 'business shortcomings' and that 'consumers are not interested' in REX's services
by Andrea V. Brambila Aug 17
Lawmakers urge investigation into Zillow acquisition of ShowingTime
Rep. Ken Buck and Sen. Mike Lee, ranking members of the House and Senate antitrust subcommittees, have asked the FTC to 'closely examine competition issues' in real estate
by Andrea V. Brambila Aug 16
A houseboat that can't sail is for sale in Michigan
The property's original owners built the unusual home in 1936 to keep a wife's seafaring husband on dry land
IBuyers are paying above market — and reselling for more: Mike DelPrete
Home prices are record high, and iBuyers are paying above market values for the houses they buy, but they're also reselling them for more than ever before
by Mike DelPrete Aug 11
DOJ intervenes in REX antitrust suit against NAR and Zillow
The federal agency says NAR can't use a 2008 consent decree to shield itself from investigation of its rules
by Andrea V. Brambila Aug 10
Zillow rakes in $1.3B revenue in second quarter, but sees profits slip
The company's net income between April and June clocked in at $10 million — better than one year ago but short of the heights of the past two quarters
by Jim Dalrymple II Aug 5
Dallas 'mansion' with no bedrooms, windows mocked on social media
While the house appears to be a typical mansion, the inside drew attention on social media for its bunker-like layout: 'That's where they brought Jason Bourne during his flashbacks'
Huge number of homeowners willing to consider an iBuyer: Poll
82% of homeowners in 1000watt survey said they either were more likely to trust information from Zillow than from a real estate agent or to trust them about the same
by Andrea V. Brambila Jul 28
Dueling NAR and REX op-eds hint that DOJ will target commissions
National Association of Realtors: 'The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure'
by Andrea V. Brambila Jul 22
Toronto iBuyer raises $44M with help from Spencer Rascoff, Eric Wu
Properly is a tech-based real estate brokerage in Canada with a model similar to US iBuyers like Opendoor and Zillow Offers
by Libertina Brandt Jul 21
Zillow, NAR formed 'group boycott' to enforce commission rule: REX
REX alleges that the National Association of Realtors and Zillow use NAR's segregation rule to hinder competitors who don't comply with NAR's commission rule
by Andrea V. Brambila Jul 21
Tennessee mansion comes with a hidden 'Game of Thrones' theater
'Top notch sound-proofing, theater system and Game of Thrones design will make you feel like you just stepped into Universal Studios,' reads the listing description
Color me bad: The wrong shade of paint can cost sellers big bucks
Homebuyers have always tended to favor neutral tones in shared spaces, but some colors stand above the rest, Zillow found in a new survey
by Daniel Houston Jul 20
StreetEasy arms renters to fight housing voucher discrimination
New pop-up informs renters that it's illegal to discriminate by legal source of income in New York and New Jersey
by Andrea V. Brambila Jul 19
Dotloop inks new deals with 4 agent associations
The deals include a comprehensive agreement with a Canadian MLS, and will also see dotloop integrate documents that more than 100,000 American agents use for their work
by Jim Dalrymple II Jul 19
Signs of seasonal inventory growth return in strained housing market
The number of homes for sale rose in June for the second consecutive month but remained far from a full recovery to pre-pandemic levels
by Daniel Houston Jul 19
3 ways Biden could change real estate
Real estate experts share how President Biden's latest executive order could impact real estate from licensing to noncompete agreements to antitrust lawsuits
by Marian McPherson Jul 19
Zillow, NAR slam REX's alleged use of antitrust as a business strategy
Real estate giants ask court to toss the discount brokerage's lawsuit over optional MLS rule
by Andrea V. Brambila Jul 14
Price cuts, while rare in this market, often lead to greater profit: Zillow
The number of sellers who choose to cut their listing price has dropped by a third over the last year, but a Zillow report found that if the price is dropped at the right time, sellers can net $15K over ask
Zillow revamps Premier Agent 'Best of Zillow' qualifications
Zillow said the new Best of Zillow scoring system will provide a more holistic view of agents' performance. The update rolls out in October
by Marian McPherson Jul 7
Young adults put pandemic savings toward down payments
Zillow survey finds that half of millennials and Gen Zers plan to use money saved on transportation, child care and dining out to buy a home
With new FTC chair, expect greater scrutiny on the real estate industry
Lina Khan's appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation
by Andrea V. Brambila Jun 29
IBuyers are entering the previously untouched Northeast market: Mike DelPrete
Billion-dollar disruptors are coming to the Northeast market, featuring new models like instant offers, cash offers and buy-before-you-sell programs. Are agents and brokers ready?
by Mike DelPrete Jun 28
Offerpad draws from big companies as iBuyer prepares to go public
Four new members will join the iBuyer's board later this year, including a Zillow executive and the former chief executive officer of Move, Inc.
by Daniel Houston Jun 28
IBuyer transactions return to near pre-pandemic levels
IBuyer purchases by Redfin, Zillow Offers, Opendoor, Offerpad and Bungalo rose 20% in the first quarter of 2021, but remained down year over year, according to new data
by Daniel Houston Jun 25
Renters were already feeling better. Then the eviction ban was extended
A new Zillow analysis found renters were growing more confident even before the government extended its moratorium on evictions through July
by Daniel Houston Jun 25
12-story condo building partially collapses near Miami
About half of the units of the 130-unit residential building Champlain Towers South collapsed on Thursday morning around 1:30 a.m. Officials do not yet know the cause
by Lillian Dickerson Jun 24
Refinancing is easier than dieting, harder than training a dog: Survey
In a new Zillow survey, homeowners ranked refinancing as easier than divorce or dieting, but 'significantly tougher' than training a puppy
by Daniel Houston Jun 23
Housing market may be 'stabilizing': ShowingTime
ShowingTime's latest data reveals that home showings saw an unusual dip in May, which could indicate the market is finally 'adjusting and stabilizing'
by Jim Dalrymple II Jun 22
Summer market will be hot, but not scorching, economists say at Inman Connect
Daryl Fairweather of Redfin and Jeff Tucker of Zillow said during a panel that the market would continue to be strong through the end of 2021
by Lillian Dickerson Jun 16
Zillow claims Zestimate now more accurate thanks to tech update
Zillow estimates the machine-learning-powered update will reduce the median error rate to 6.9% and increase homeowners' Zestimate live offers by 30%
by Marian McPherson Jun 15
Stop calling NAR and Zillow a ‘cartel,’ judge tells REX
A judge also denied REX's request for a preliminary injunction against NAR and Zillow. REX asked for the injunction after arguing it was the victim of anticompetitive practices
by Jim Dalrymple II Jun 9
Connecting with Veronica Figueroa: Our new normal demands world-class service
Ahead of Inman Connect, the eXp Realty team leader says agents have the chance to offer service that keeps clients coming back
The New Normal: What if your CRM is big tech's next target?
Opinion
Innovation happens in small spaces. Most agents don't realize that as they become more and more entrenched in their CRM, their tech is becoming ripe for acquisition
by Craig C. Rowe Jun 9
Out-of-town movers head for cheaper areas with larger homes
A greater share of movers than usual left the suburbs for more rural neighborhoods in 2020, according to a new study released Tuesday by Zillow
by Daniel Houston Jun 8
‘The great reshuffling’: Zillow COO argues housing boom is no bubble
In a recent podcast appearance, Zillow Chief Operating Officer Jeremy Wacksman argues the housing market's fundamentals are strong
by Daniel Houston Jun 7
When listing a home, there’s a mid-week sweet spot: Zillow
In a new analysis, Zillow found that houses listed on Thursdays often sell for higher prices and spend less time on the market
by Daniel Houston Jun 3
Man offers discounted rent for dog-sitting, draws internet outrage
The Zillow listing for the 3-bedroom Austin home, which was discovered by Reddit user u/KlutzyInflation, offers reduced rent to tenants willing to dog-sit the owner's 16-year-old black lab
REX execs take aim at Zillow in op-ed: 'We had no choice but to sue'
In an op-ed co-written by REX CEO Jack Ryan and REX President Lynley Sides, the pair said they 'won't stop' until policies like NAR's segregation rule no longer impede consumers
by Lillian Dickerson May 28
Zillow's uphill battle to attach mortgages: Mike DelPrete
Opinion
Zillow's experience shows that adding ancillary services is a long, slow road that requires big investment, patience, and a smart, consumer-first approach
by Mike DelPrete May 26
MLS company acquires tech to launch new showing service
Citing 'acquisition anxiety' after Zillow's deal with ShowingTime, MLS Aligned has purchased the technology behind real estate messaging and showing platform Agent Inbox
by Andrea V. Brambila May 25
Nearly half of US homes are selling ridiculously fast, less than a week
In April, 47% of homes for sale in the US went under contract in less than a week. The squeeze is happening at various price points and in dozens of metro areas
by Jim Dalrymple II May 21
The Inman Handbook on real estate's biggest rivalries
Compass versus Realogy. Keller Williams versus eXp. REX versus everyone. The real estate industry is full of big names and big feuds, and Inman's unpacking all of them
by Jim Dalrymple II May 21
5 people to watch at realtor.com as the company plots its next move
The News Corp. subsidiary is laser-focused on growing traffic and improving the consumer experience as it maintains its industry ties
by Andrea V. Brambila May 20
Zillow launches in-app call feature for Premier Agent
Available today on Apple iOS, Zillow Premier Agents can answer buyer phone calls without leaving the Zillow Premier Agent app
by Marian McPherson May 19
NAR ends multimillion-dollar zipLogix partnership
After 6 years and $62M, the trade group says it will reallocate funds to 'other important member-facing initiatives'
by Andrea V. Brambila May 18
Zillow vs. realtor.com: Mike DelPrete on their battle
Despite all of the activity of the major portals, the monetization ratio has remained constant
by Mike DelPrete May 11
NAR: 'The MLS is under attack'
Lawsuits alleging that NAR rules regarding multiple listing services prop up commissions that inflate buyer and seller costs keep proliferating
by Andrea V. Brambila May 11
Why are real estate company share prices falling despite good news?
Many real estate companies have reported stronger-than-expected earnings in recent weeks, but their share prices keep dropping
by Jim Dalrymple II May 7
What Zillow's results reveal about its momentum toward Zillow 2.0
The various pieces of adjacent services are being built, but they still need to be assembled in a credible way that reinvents the transaction at a meaningful scale
by Mike DelPrete May 7
Luxury short-term rental unicorn Sonder will go public with SPAC
The deal would value the combined company at $2.2B
OJO Labs adds climate risk assessments to portal listings
ClimateCheck's risk assessment scores for a variety of factors like flooding and droughts will now be integrated into listings featured on Movoto, OJO Labs' real estate search portal
Zillow has most profitable quarter ever — again
The online giant brought in $1.2B in revenue during the first 3 months of 2021 and made $52M in profit. The company also saw unique monthly web users jump 15 percent year-over-year
by Jim Dalrymple II May 4
Zillow hits back in REX antitrust lawsuit
Discount brokerage REX filed its antitrust lawsuit in March. But in a new filing, Zillow calls REX's claims "self serving" and without merit
by Jim Dalrymple II Apr 30
CoStar unlikely to dethrone Zillow in portal wars: DelPrete
Opinion
Attempting to directly compete with market-leading real estate portals is an incredibly difficult proposition — with success unlikely
by Mike DelPrete Apr 29
Showing management startup Showingly snags deal with Miami Realtors
The deal comes amid a tumultuous time for the showing management industry after the announcement of Zillow's ShowingTime acquisition
by Andrea V. Brambila Apr 28
Zestimates can't keep up with wild housing market, agents say
Agents from around the country talk about the widening gap between Zestimates and MLS home value data as inventory shortages push prices to new highs
by Marian McPherson Apr 27
America's appetite for sex, Zillow in dead heat: Survey
A survey conducted by California-based insurance agency Surety First confirms Zillow scrolling has increased over the course of the pandemic — often in unhealthy ways
by Lillian Dickerson Apr 23
Is the housing inventory crisis almost over?
Zillow study shows surge of new listings could lessen frustrations for homebuyers
by Kelsey Ramírez Apr 23
The Real Word: How does climate change affect the housing market?
Opinion
This week, Byron Lazine and Nicole White discuss how climate change is affecting the housing market, Zillow’s ad campaign, and features you should be using on Facebook and Instagram
by Byron Lazine Apr 23
The Inman Handbook on today's intense inventory crisis
There aren't enough homes for everyone who wants them. That's driving up prices and stretching agents thin
by Jim Dalrymple II Apr 22
IBuyer purchases recover to pre-pandemic levels: DelPrete
The business model is undoubtedly here to stay, but not without its recovery challenges
by Mike DelPrete Apr 21
Spencer Rascoff: iBuyers not to blame for supply shortage
The former Zillow CEO touched on iBuying, real estate companies going public and 'global asset inflation' during a discussion at Connect Now
by Jim Dalrymple II Apr 20
Trust is everything! 6 effective ways to earn it from prospects
In this fast-paced market, ethics and transparency can take a backseat to speed — but that only makes trust that much more crucial today. If you want to earn prospects' trust and solidify your reputation, here are a few ways to do so
by Stephanie Lanier Apr 19
Everyone wants a slice of the housing market. That’s the problem
Opinion
Right now, the housing market has a slew of uninvited guests in one of the worst housing shortages in the history of America
by Brad Inman Apr 16
SentriLock officially launches showing platform
SentriKey Showing Service is among the buzziest new showing management platforms in a space that has growing increasingly crowded in recent months
by Jim Dalrymple II Apr 13
5 people to watch at RE/MAX as franchisor counts on investment pay-off
RE/MAX intends to keep its agent productivity throne and expects its tech acquisitions in the last couple of years to boost its bottom line in 2021
1 in 7 homeowners considering selling within next 3 years
Of those not considering moving, 26% said they were concerned about their ability to find or afford a new home, according to a new survey from Zillow
Rich Barton, Glenn Sanford debut on Forbes billionaires list
Zillow co-founders Rich Barton and Lloyd Frink, eXp founder Glenn Sanford and 5 other real estate executives became billionaires in the past year
by Marian McPherson Apr 7
Zillow's new ad campaign highlights two sides of the moving journey
Taking inspiration from 'the great reshuffling' that happened during the pandemic, Zillow's new ad campaign 'To Move Is To Grow' highlights the emotional side of moving
by Marian McPherson Apr 7
11% of Americans moved during the pandemic: Zillow survey
Zillow's latest report revealed what pushed Americans to move during the pandemic and which markets experienced the largest inflow of new homebuyers
by Marian McPherson Apr 6
Court orders new trial in Zillow-VHT listing photo saga
After nearly 6 years, court will decide whether real estate behemoth willfully infringed on thousands of photos
REColorado teams up with showing management platform BrokerBay
The new partnership will launch in the summer and give members of the major Colorado multiple listing service easy access to tools for setting up home showings
by Jim Dalrymple II Mar 29
5 big challenges for REX Real Estate in 2021
The well-connected discount brokerage is trying to raise more funding and grow its business as it takes on industry behemoths NAR and Zillow
by Andrea V. Brambila Mar 29
5 people to watch at Zillow as the company moves toward Zillow 2.0
The C-suite is full of names familiar to the industry, but there are other key cogs in the Zillow machine who get less recognition
by Patrick Kearns Mar 25
How much are iBuyers paying for customer acquisition?
Opinion
Customer acquisition costs for major iBuyers is roughly similar at $3,000-$4,000, which is about 2-4X more than Redfin
by Mike DelPrete Mar 24
Pacaso raises $75M and soars to unicorn valuation
The co-ownership startup for second homes also raised $1 billion in debt funding
by Patrick Kearns Mar 24
Commission, appraisals, inventory: 11 challenges agents face today
Opinion
Last year forced real estate agents to adapt in an ever-evolving landscape. Here are the top challenges agents face daily
by Kuba Jewgieniew Mar 24
NAR-DOJ rule changes won't come for months
Rules regarding public display of buyer broker commissions and lockbox access for non-Realtors were originally slated to take effect by the end of March
by Andrea V. Brambila Mar 23
T3 Sixty's annual list of top tech vendors reveals industry consolidation
A total of 15 companies from the 2020 list were acquired prior to the publication of the 2021 list
by Patrick Kearns Mar 23
Former Trulia CEO Pete Flint leads investment round in Instashowing
Flint and other big-name investors including Tom Ferry collectively dropped $1.5M on the showing management startup
by Jim Dalrymple II Mar 23
Delta Media Group announces launch of ShowingTime competitor
The platform, called Local Showings, will integrate with brokerage and MLS technology. The company also says it is seeing significant interest in the platform
by Jim Dalrymple II Mar 22
Spencer Rascoff's SPAC is taking Offerpad public
One of the nation's largest iBuyers is going public with the help of a former rival executive
by Patrick Kearns Mar 18
'We're never going back to normal': Pete Flint on our digital future
To kick off Connect Now on Tuesday, Brad Inman and Trulia co-founder Pete Flint discussed the challenges and opportunities tied to the digitization of real estate
by Marian McPherson Mar 16
Does Zillow's app for online tours stack up?
Opinion
The portal giant's app for creating and publishing immersive online home tours is available to everyone — and it offers enough to make it worth a look
by Craig C. Rowe Mar 12
Zillow to hire more than 2,000 remote employees by end of 2021
The company announced on Thursday its goal to increase its employee rolls by 40%, largely by hiring in tech, mortgage and loans, and software development positions
by Lillian Dickerson Mar 11
IBuyers continue to see massive financial losses: DelPrete
Opendoor’s record-low selling costs dropped from 3% to 2.1%, which is likely the result of Opendoor continuing to push down buyer's agent commissions offered on its houses
by Mike DelPrete Mar 10
REX takes aim at Zillow with new lawsuit
REX alleges Zillow shift to IDX feed is 'driving consumers away from REX'
by Patrick Kearns Mar 9
Is Wall Street taking over real estate?
Opinion
Of the 10 largest real estate firms, eight are now publicly traded. These companies represent 575,000 agents, almost 45% of all Realtors
by Brad Inman Mar 9
News Corp CEO: We'll leave the 'unkempt gardens' to Zillow
'Our aim is to be a genuine digital marketplace, not to have any vested interest that might complicate that,' News Corp. CEO Robert Thomson said at Morgan Stanley's virtual conference. 'As you know, with house flipping, Zillow is renovating homes.'
by Patrick Kearns Mar 8
The Real Word: What does Zillow's earnings mean for solo agents?
Opinion
This week, Byron Lazine and Nicole White discuss Zillow’s shareholder letter, Compass acquisitions and direct mail strategies that work
by Byron Lazine Mar 5
Just how impressive is Compass' $3.7B 2020 revenue?
The company revealed yearly revenue numbers that would make most real estate companies green with envy. But not top rival Realogy
by Patrick Kearns Mar 4
A Zillow-owned ShowingTime: 5 MLS strategic concerns
Opinion
It's not just that the MLS is doing business with one of its customers but also the vendor-customer is now providing core services to its competitors — other MLS customers
by Mitchell Skinner Mar 4
Gary Keller admits to ‘losing war’ to software bugs
Keller said the company will begin a '66-day challenge of locking down stabilization' of its core technology platform, including its customer relationship management tool Command
by Patrick Kearns Mar 3
Kenneth Jenny, respected real estate industry vet, dies at 66
A 35-plus-year vet of the real estate industry, Ken Jenny was a trusted adviser to many and unafraid to speak his mind about industry issues
CoStar ups its bid for attempted CoreLogic acquisition
CoStar CEO Andy Florance believes the CoreLogic board will deem its offer 'superior' to a winning joint bid by Stone Point Capital and Insight Partners within 48 hours
by Patrick Kearns Mar 1
The digital transaction is great — but mortgage tech still needs work
It's easier than ever to complete a transaction without ever meeting in-person, but the mortgage lending process is one pain point in which multiple agents have aired grievances
50% of agents will leave: One broker predicts real estate's future
Opinion
As an industry, we should stop obsessing over things we can’t or won’t fix and take a look inward at the things that make us special as individual agents and organizations. Here's why
by Ryan Rodenbeck Feb 26
The Real Word: Can ShowingTime competitors step up?
Opinion
This week, Byron Lazine and Nicole White discuss the new showing platform Instashowing, Redfin’s acquisition of RentPath, and Kim Kardashian's and Kayne West's divorce.
by Byron Lazine Feb 26
27 real estate execs sign letter supporting Biden stimulus package
The letter called on legislative leaders to pass President Biden's American Rescue Plan, which includes another stimulus check and faster vaccine rollout
by Marian McPherson Feb 25
Startup from former Zillow exec creates 'Agent Advisory Council'
Tomo, a still-secretive fintech platform focused on the real estate transaction, is tapping agents from across the country for feedback
by Patrick Kearns Feb 25
Zillow's 'live offer' Zestimate launches in 20 markets
The move turns the Zestimate into an initial bid and is aimed at getting more consumers at the top of the funnel into the Zillow ecosystem
by Patrick Kearns Feb 25
Sellers choose 'buy-before-you-sell' offers 5X more than iBuyer offers
Bridge programs have lower service fees and alleviate seller worries about buying in an inventory-starved market, according to a new report from real estate tech firm Zavvie
by Andrea V. Brambila Feb 25
CoStar revenue leaps to $1.7B, but profits take a hit
The company closed three acquisitions in 2020, and CEO Andrew Florance indicated during an earnings call that CoStar's buying spree is far from over
by Andrea V. Brambila Feb 24
Mike DelPrete: The top threat to real estate portals
There is one significant risk — an achilles heel — to portals: They don’t control their inventory
by Mike DelPrete Feb 24
Gary Keller, Dave Liniger and the last of the real estate cowboys
Opinion
The mercurial Keller Williams founder Gary Keller still operates like a cowboy, running his sprawling global enterprise as he sees fit
by Brad Inman Feb 24
New-home sales show healthy gains in January
New-home sales jumped 4.3% on a monthly basis and 19.3% on an annual basis, according to data from the US Census Bureau and the Department of Housing and Urban Development
by Lillian Dickerson Feb 24
Zillow names new COO, aims for 'one-click nirvana'
Susan Daimler is stepping into the role of president while Jeremy Wacksman will continue on as chief operating officer in a bid to focus the company's 'end-to-end' experience
by Patrick Kearns Feb 22
The Real Word: Should you blame Zillow or your leaders?
Opinion
This week, Byron Lazine and Nicole White discuss Brad Inman’s reaction to Zillow acquiring ShowingTime, buyer's regret during the health crisis and fair housing policy regarding buyer letters
by Byron Lazine Feb 22
WATCH: Zillow and ShowingTime live at Connect Now
If you missed yesterday's Connect Now, you missed Zillow's Errol Samuelson and ShowingTime's Mike Lane explaining what the tie-up of their two companies means for the industry and for agents. Watch it now
by Inman Feb 19
Annual home price growth reaches highest level since 2006
Increased buyer demand and low interest rates continue to push home values up in all 50 the largest US markets, according to Zillow's latest report
by Marian McPherson Feb 19
Zillow exec on ShowingTime buy: 'This is not about bypassing agents'
Zillow's Errol Samuelson and ShowingTime's Michael Lane addressed concerns over the acquisition at Inman Connect Now
by Patrick Kearns Feb 18
What’s next for real estate? Industry veterans weigh in
To kick off Connect Now, Brad Inman invited Coldwell Banker agents Steve and Heather Ostrom to discuss the 'mega trends' of today and find out why they've stuck with their brokerage
by Lillian Dickerson Feb 18
Here's a first look at Zillow 3D Home Tours' newest features
With 200M unique monthly visitors and a consistent IDX stream, Zillow's updated app is ripe to normalize the immersive home tour experience
by Craig C. Rowe Feb 17
How ShowingTime's privacy policy ties Zillow's hands
A legal expert confirmed to Inman that Zillow can’t do things that ShowingTime couldn’t do with agents' data
by Patrick Kearns Feb 16
RE/MAX exec dispels 'myths' around Zillow's ShowingTime acquisition
Nick Bailey has a message for agents concerned about the move: 'Don't panic'
by Patrick Kearns Feb 15
Don't blame Zillow, blame your leaders
Opinion
Zillow delivered tangible value to agents while the legacy industry stood still. Now, Zillow has become the industry's octopus, its tentacles reaching everywhere
by Brad Inman Feb 15
Inman Handbook on digital home showings
With the evolution of real estate upon us, the Inman Handbook on digital showings is here to help you make sense of this still-evolving, but here-to-stay, property marketing strategy
by Craig C. Rowe Feb 15
EXp CEO Glenn Sanford questions consumer benefit of Zillow Offers
In a Facebook post on Friday, Glenn Sanford estimated that consumers are paying, on average, 11.4% in commissions when they sell to Zillow
by Patrick Kearns Feb 12
The Real Word: What does Zillow's ShowingTime acquisition mean for agents?
Opinion
This week, Byron Lazine and Nicole White discuss Zillow’s acquisition of ShowingTime, Grant Cardone’s partnership with eXp Realty and how The Weeknd’s Super Bowl performance relates to real estate
by Byron Lazine Feb 12
Zillow looking forward to 'extending the reach' of ShowingTime: Barton
Zillow CEO Rich Barton said his company is trying to center transactions in its business model and that he wants to do to real estate what the iPhone did to phones and media
by Jim Dalrymple II Feb 11
The war is on: CoStar speeds up its own scheduling tool to rival Zillow
A day after Zillow announced its acquisition of ShowingTime, Homesnap announced it was putting the 'pedal to the metal' on developing an alternative to the showing scheduling tool
by Patrick Kearns Feb 11
Zillow share price soars past $200
The company saw its stock price climb more than $30, to $203 per share, in the morning trading hours Thursday
by Patrick Kearns Feb 11
Zillow co-founder Spencer Rascoff launches second SPAC
Supernova Partners Acquisition Corp II will go public prior to any merger in a $370M public offering
by Patrick Kearns Feb 11
The ShowingTime deal: Another industry 'Oh shit' moment
Opinion
Many agents lamented online Wednesday that Zillow's acquisition of ShowingTime is about Zillow getting its hands on data. As often happens, this is a misplaced fear
by Brad Inman Feb 11
Agents fear Zillow's ShowingTime acquisition, worry about their data
After Zillow announced its acquisition of ShowingTime for $500M on Wednesday, real estate agents expressed concerns about the portal's growing reach and the fate of their data
by Jim Dalrymple II Feb 10
Zillow is taking the Zestimate from ‘fantasy to reality’
Previously an automated valuation model, the Zestimate will be a 'live offer' in many markets in 2021. The company also revealed that it's finally making money on the homes it buys and sells through Zillow Offers
by Patrick Kearns Feb 10
Zillow to acquire ShowingTime for $500M
The company plans to continue to operate ShowingTime as an open platform for all real estate agents, not just those who partner with Zillow
by Patrick Kearns Feb 10
Zillow posts its most profitable quarter in company history
As Zillow's iBuyer profits clocked in at $27M in the fourth quarter, it's the Premier Agent business that sent Zillow to record-setting highs
by Patrick Kearns Feb 10
$1M home searches hit record high in January: Redfin
Homes priced over $1M made up 10.8% of all saved searches on Redfin.com in January, up from 8.5% the previous year, and the highest point this figure has reached since 2017
by Lillian Dickerson Feb 10
Bullish analysts send Zillow stock soaring to record high
The company's stock surged to a new all-time high Monday, after multiple analysts upped their price target ahead of the company's earnings report
by Patrick Kearns Feb 8
Rich Barton responds to 'SNL' sketch comparing Zillow to phone sex
'You used to want sex, but you're in your late 30s now ... You need Zillow,' according to a mock commercial that aired this weekend on 'Saturday Night Live'
WATCH: Are 'hybrid brokers' the future of real estate?
Former Zillow exec Greg Schwartz predicts industry with 'hybrid brokers' offering additional tech-enabled services to clients. Here, watch the entire video from last month's Connect as a special Select subscriber benefit
by Inman Feb 5
Is Zillow the Robinhood of real estate?
Opinion
Zillow and other innovative companies are attempting to make the trading of homes simple and easy. Somewhat like Robinhood, they are doing so with fewer intermediaries
by Brad Inman Feb 5
Opendoor's revenue plunged nearly 50% in 2020, according to SEC filing
The newly public company revealed in US Securities and Exchange Commission filings Tuesday that it expects to report $2.58B in revenue in 2020, down from the $4.7B in 2019
by Patrick Kearns Feb 3
Zillow orders data company to stop scraping its content
In a cease-and-desist letter, Zillow accused Datafiniti of improperly using its data. Datafiniti, which also appears to have harvested Redfin data, says it scans info the way Google does
by Jim Dalrymple II Feb 2
Zillow foe to stop publishing short reports following GameStop fiasco
Citron Research spent years attacking Zillow before becoming bullish on the real estate tech company in 2019
by Patrick Kearns Feb 1
No matter what, Realtors are the ones who make home happen
Opinion
Despite the daily onslaught of market disruptors seeking to remove Realtors from the equation, there will always be a need for the personal touch in walking clients through the sale or purchase of their most important asset
by Carl Medford Feb 1
9 questions everyone's asking about Zillow's IDX shift
Opinion
What does Zillow's IDX shift mean for you and your business? Here are the answers to all your lingering questions
by Jay Thompson Jan 29
Greg Schwartz predicts an industry with 'hybrid brokers'
During Inman Connect, the former Zillow Group exec discussed his new startup and why he sees a future where most brokers will merge tech-enabled services with traditional, human-touch assistance
by Lillian Dickerson Jan 28
Zillow expands renter protections tool to fight income discrimination
The company is expanding the bounds of its Local Legal Protections tool to help renters combat discrimination based on how they pay rent
by Lillian Dickerson Jan 28
'Fundamental shift' to digital in real estate is not going away
At Inman Connect, panelists from Zillow, realtor.com, OJO Labs and Qualia discuss how the pandemic has transformed the industry and how agents can compete
by Andrea V. Brambila Jan 27
Zillow restores 'past sales' to agent profiles following IDX switch
The company restored past listing history to agent profiles on Jan. 21, ahead of a Jan. 26 deadline. Now it's working to fix an issue with active listings appearing on agent profiles
by Patrick Kearns Jan 27
Broker warns MLSs: Help us compete against Zillow or lose us
At Inman Connect, Courtney Poulos, broker-owner at ACME Real Estate, criticized NAR's pocket listing policy, which she said benefits large brokerages like Zillow and Compass at the expense of independent firms
by Andrea V. Brambila Jan 26
'2021 is going to be an insane year': Mike DelPrete's 5 megatrends
Mike DelPrete's 5 megatrends of real estate tech include the ongoing growth of new business models, a battle for adjacent services and one that might surprise you
by Craig C. Rowe Jan 26
CoStar CEO: 'The residential agent is Zillow’s competitor'
CoStar CEO Andy Florance revealed in great detail his ambitious plans to build a residential real estate platform during an Inman Connect session Tuesday
by Patrick Kearns Jan 26
Inman Handbook on choosing a new brokerage
Choosing a new real estate brokerage is harder than ever as new models emerge, technology has risen to prominence and outside industrialists are pushing for mindshare
by Craig C. Rowe Jan 25
December home value growth shatters records: Zillow
Typical US home values rose 8.4% year over year to $266,104, the highest annual increase seen since January 2014, according to a new report from Zillow
by Lillian Dickerson Jan 22
'Zillow Gone Wild': Instagram account featuring kooky homes gains popularity
Samir Mezrahi has gained a 560K following seeking out the most unusual homes on Zillow
The end of free rental listings on Zillow is here
The company announced the changes would come in November but finally ended free rental listing syndication this week
by Patrick Kearns Jan 20
This city is poised to become the hottest real estate market of 2021
A new Zillow survey predicts this Southern metro will outperform all others in price growth
by Patrick Kearns Jan 19
Zillow's shift to IDX is live. Here's what agents need to know
Changes include buyer's agents being advertised as 'personal guides' and the site defaulting to agent listings over others
by Patrick Kearns Jan 18
Zillow will withhold support for all 'sedition caucus' lawmakers
The company didn't donate to any of the election objectors during the previous election cycle but officially vowed to withhold any support moving forward
by Patrick Kearns Jan 13
How to price a listing in a red-hot seller's market
Opinion
Basing your price on comparable sales is usually a solid strategy. But what happens when you try to sell your own house in a red-hot seller's market with a broad range of comps? Here's one real estate pro's experience
by Bernice Ross Jan 13
Zillow CEO Rich Barton is still the most 'powerful' person in real estate
The Zillow CEO tops the annual SP 200, a list of the most powerful people in the industry compiled by T3 Sixty
by Patrick Kearns Jan 12
Number of '$1M cities' swells amid pandemic-fueled homebuying
The number of so-called 'million-dollar cities' surged 17% year over year, leading to the greatest net gain in such cities in at least a decade, according to a new Zillow study
by Lillian Dickerson Jan 11
Real estate leaders speak out against 'mob' — but won't rule out campaign contributions for election objectors
As violence unfolded, real estate leaders and trade groups issued strongly worded statements decrying the violence. They are not, however, committing to no longer donating money to the campaigns of lawmakers who voted against certification
by Patrick Kearns Jan 8
The home value gap between races is narrowing — slowly: Zillow
Although Black and Latinx home values are still lower overall, new data from Zillow shows the gap between these groups has decreased by about 4% since the Great Recession
CoStar Group buys houses.com URL
The company, which has signaled a move into residential real estate in recent months, plans to develop a national marketplace for agents
by Patrick Kearns Jan 5
11 CEOs on 2021: More mergers, more pressure and more growth
The chief executives of Zillow, Redfin, Realogy and more predict what's in store for the new year, including industry consolidation and even more technology acceleration
by Patrick Kearns Dec 30
Brad Inman's 21 predictions for '21
Opinion
Keller Williams will amp up its recruitment program, Zillow will acquire Opendoor, and nursing homes will die. These and 18 other predictions for 2021 from Inman's founder
by Brad Inman Dec 30
'A super hot market': Economists weigh in on what to expect in 2021
A handful of economists shared with Inman their forecasts for home sales and prices, inventory, the impact of a coronavirus vaccine and the risk of another recession
by Andrea V. Brambila Dec 24
Zillow CEO Rich Barton pledges to give away half his wealth
Rich Barton and his wife, Dr. Sarah Barton, have signed onto 'The Giving Pledge,' a philanthropic effort by billionaires to give away the 'majority' of their wealth to charity
by Patrick Kearns Dec 23
Pulse: Readers share the biggest real estate news of 2020
The coronavirus outbreak dominated headlines this year, but what industry-related events and changes made the news? Here are the top real estate stories from 2020, according to our readers
by Inman Dec 22
Everything that happened in 2020, the wildest year of our lives
This year had it all: A presidential election, a stock market crash and rebound, and the busiest summer and fall in memory — all amid an unprecedented global pandemic
by Jim Dalrymple II Dec 21
Yes, Santa's house now has a 3D tour on Zillow
The online marketplace updated its listing for Santa's house — off market, of course — with a 3D tour for anyone itching for a glimpse of St. Nick's home when he's not busy on the job
by Lillian Dickerson Dec 21
The 10 biggest real estate tech stories and trends of 2020
COVID-19 may have led to increased tech acceleration, but technology was already reshaping the industry even before the pandemic struck
by Patrick Kearns Dec 18
After CoStar acquisition, Homesnap vows loyalty to Broker Public Portal
Homesnap CEO John Mazur and HomeLight CEO Drew Uher both explained why they're not directly competing with Zillow during an Inman Connect Now session Thursday
by Patrick Kearns Dec 17
10 amenities Zillow predicts will be on your buyers' 2021 wish lists
From pet-friendly spaces to backyard oases, Zillow on Thursday shared what will be at the top of homeowners' and homebuyers' home wish lists in 2021
by Marian McPherson Dec 10