The move should take several quarters and will also result in Zillow reducing its workforce by approximately 25 percent. Source: Inman News
Posts published in “rich barton”
What to Watch for: Zillow’s Q3 2021 earnings results
By The Citizen on November 2, 2021
With Zillow Offers woes and souring public opinion at their backs, Zillow has a few headwinds heading into Q3 earnings on Tuesday. Here are four…
Zillow rakes in $1.3B revenue in second quarter, but sees profits slip
By The Citizen on August 5, 2021
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…
Bubble trouble: 4 stats that’ll give you hope (and 4 that won’t)
By The Citizen on May 5, 2021
There are signs of trouble, but vaccinations are up, spending on home construction is up, and overall, there’s reason to believe the market will improve. …
Zillow has most profitable quarter ever — again
By The Citizen on May 4, 2021
The online giant brought in $1.2 billion in revenue during the first three months of 2021 and made $52 million in profit. Source: Inman News
Rich Barton, Glenn Sanford debut on Forbes billionaires list
By The Citizen on April 7, 2021
Zillow co-founders Rich Barton and Lloyd Frink, eXp founder Glenn Sanford and five other real estate executives became billionaires in the past year. Source:…
5 people to watch at Zillow as the company moves toward Zillow 2.0
By The Citizen on March 25, 2021
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. Source:…
‘We’re never going back to normal’: Pete Flint on our digital future
By The Citizen on March 16, 2021
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…
Just how impressive is Compass’ $3.7B 2020 revenue?
By The Citizen on March 4, 2021
The company revealed yearly revenue numbers that would make most real estate companies green with envy. But not top rival Realogy. Source: Inman News
27 real estate execs sign letter supporting Biden stimulus package
By The Citizen on February 25, 2021
The letter called on legislative leaders to pass President Biden’s American Rescue Plan, which includes another stimulus check and faster vaccine rollout. Source: Inman News