Redfin is returning to homebuying immediately, while Zillow says a return is likely within a few weeks. Source: Inman News
Posts published in “rich barton”
Zillow hits $1.1B in revenue in Q1 as losses continue to grow
By The Citizen on May 7, 2020
The full impact of the company’s decision to halt homebuying in late March due to COVID-19 is not yet clear. Source: Inman News
Zillow is allowing staff to work from home until 2021
By The Citizen on April 28, 2020
Zillow CEO Rich Barton made the pronouncement on Twitter last week. Source: Inman News
Former Zillow CEO Spencer Rascoff leaves board of directors
By The Citizen on April 7, 2020
Spencer Rascoff served as CEO until 2019, when company founder Rich Barton returned. Source: Inman News
Zillow suspends homebuying in all 24 Zillow Offers markets
By The Citizen on March 23, 2020
Zillow CEO Rich Barton cited safety concerns and said the company plans to fully resume iBuying once health concerns pass. Source: Inman News
Zillow is covering 50% of Premier Agent costs for 1 month
By The Citizen on March 17, 2020
Zillow CEO Rich Barton announced the decision Tuesday in a letter to its Premier Agent customers. Source: Inman News
Zillow beats back one lawsuit, but can’t shake another
By The Citizen on March 6, 2020
Zillow has beaten back an antitrust lawsuit regarding its Zestimates but continues to fight another lawsuit stemming from its agent-lender, co-marketing program. Source: Inman News
Former Zillow CEO lists home for nearly $8M above Zestimate
By The Citizen on March 6, 2020
Spencer Rascoff, a co-founder and former CEO of Zillow, is trying to sell the Los Angeles home he purchased in 2016 for $24 million. Source:…
Zillow Offers continues expansion, launches in Cincinnati
By The Citizen on March 2, 2020
The southwestern Ohio market is the 24th for Zillow’s direct-to-consumer homebuying and selling platform. Source: Inman News
Real estate stocks slammed amid coronavirus market woes
By The Citizen on February 28, 2020
Days of coronavirus-induced stock selloffs have driven the share price of numerous companies, including many in the real estate industry, plummeting. Source: Inman News