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Zillow will buy and sell homes in LA, Austin, San Diego and more

Zillow announced on Thursday it’s expanding its direct-to-consumer homebuying and selling platform known as Zillow Offers to Austin, Los Angeles, Sacramento, San Antonio, San Diego and Tampa within the next year.  Source: click here

Zillow beats big on earnings while losses balloon

In its first quarter 2019 earnings report released on Thursday, Seattle-based Zillow Group, the operator of listing portals Zillow, Trulia, StreetEasy and RealEstate.com, posted a net loss of $67.5 million in the first quarter and announced the expansion of its iBuyer program Zillow Offers to six additional markets. Source: click here

News Corp. falls short on revenue, touts ‘healthy growth’ in real estate services

News Corp., the parent company of Move’s realtor.com and Australia-based REA Group, beat analysts’ expectations Thursday, posting adjusted third quarter fiscal year 2019 earnings of $0.04 per share, compared to the consensus estimate of $0.01 per share. However, the company also reported a total revenue of $2.46 billion, which fell below expectations of $2.5 billion. Overall, revenue from […]

The broker-owner blueprint: This RE/MAX leader’s secrets (Part 1)

Broker-owner Mark Butterfield has 100 agents, three offices and 12 teams who raked in $565 million in sales this past year. Here’s how he does it. Source: click here

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