Zillow thinks its iBuyer will dwarf Premier Agent within 5 years

Zillow plans to purchase an average of 5,000 homes per month for all-cash from people around the country, and the company’s Homes division that oversees Zillow Offers will bring in expected annualized revenue of about $20 billion.

Zillow reports record $1.3B annual revenue, but losses widen

In an earnings report today, Seattle-based Zillow Group posted a net loss of $97.7 million in the fourth quarter and a net loss of $120 million for all of 2018.

ReferralExchange will now qualify your third-party leads

ReferralExchange is launching a program called ReferralExchange LIVE to verify and qualify contacts obtained through third-party lead generation platforms like Zillow or realtor.com.

Realtor.com update lets consumers text agents

Realtor.com has added a new feature for mobile users to grant them the ability get an immediate connection to a real estate agent through text message.

‘This blows my mind’: Agents balk at return of Zillow unvetted leads

A decision announced by Zillow to reinstate unvetted leads to its Premier Agent platform has divided agents, some of whom say conversion rates were too low.

Zillow brings back unvetted leads to Premier Agent

Zillow announced it’s officially bringing back non-validated email leads — in addition to connecting agents with validated leads on the phone — just seven months after it dropped them for its Premier Agent customers.

Are Zillow’s Premier Agent changes working for agents?

Since Zillow rolled out updates to its Premier Agent program in April, agent advertiser churn has been an issue, according to Zillow Group CEO Spencer Rascoff.

Zillow misses on Q3 earnings, hires new CFO

Zillow posted a net loss of $492,000 in the third quarter of 2018, much lower than its more than $9 million loss in the same quarter of last year, according to its third-quarter earnings report. Revenue for the real estate technology giant was up 22 percent, year-over-year. 

Zillow Offers reveals its next market: Houston

Zillow Offers, a consumer-facing program to directly buy a home, prepare it for showings and quickly resell the home, is coming to Houston. 

‘Best of Zillow’ Premier Agent platform to unlock new consumer data

Zillow will start tracking consumer feedback and presenting it to Premier Agents who advertise on the platform to enhance their approach. The new program, “Best of Zillow,” which will reward the agents with the best track records, was announced at the real estate tech giant’s Premier Agent conference in Las Vegas.