By: Andrea V. Brambila of Inman News | Since 2016, Zillow Group has been tapping into a new revenue stream by charging high-volume builders to post new-home listings on the company’s websites, which include Zillow.com and Trulia, the two most popular home search portals, Inman recently learned.
I recently learned that Zillow is not publishing my new home listings if the builder builds more than 150 homes a year. Its motivation is to have builders sign up for its Promoted Communities service, which Zillow covertly launched in early 2016.
Homebuyers competing for a property in North Texas are going the extra mile to make a deal. Last year, almost 40 percent of the Dallas-area homes that sold went for more than the asking price, according to new data from real estate portal Zillow. Nationwide, about 1 in 4 homes sold for more than the original list […]
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