Real estate listings portal Zillow saw second-quarter revenue grow by 69 percent, to a record $46.9 million, but posted a $10.2 million net loss the company attributed to share-based compensation expense of $7.1 million relating to a prior acquisition, and increases in marketing and advertising expenses.

Following Zillow’s October 2012 acquisition of Buyfolio, the company began the rollout of Agentfolio, a Web-based “shopping experience” for Premier Agent subscribers and their clients, in June. Agentfolio is now live in six major markets, with plans for more underway, the company said.

Premier Agent subscribers increased by 71 percent from a year ago, to a record 38,807 as of June 30, with average monthly revenue per subscriber of $266, up $3 from a year ago.

Shares in Zillow were down more than 7 percent in after-hours trading. Source:

Editor’s note: This story has been updated to correct that Premier Agent subscribers totaled 38,807 as of June 30.


Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription