
Redfin’s Revenue, Zillow Deal & Rocket Acquisition
Redfin reports loyalty transaction increase, agent growth, Zillow partnership for rental listings ($100M), and pending Rocket acquisition. Revenue and deals saw a decrease.
Redfin reports loyalty transaction increase, agent growth, Zillow partnership for rental listings ($100M), and pending Rocket acquisition. Revenue and deals saw a decrease.
Zillow's mortgage revenue jumps 32% with its 'very application' experience. Traffic and visits also increased. Expansion of services simplifies buying, selling, and renting, boosting income and revenue.
Latest real estate tech: Reloq's AI RE-Engage, Zillow's Showcase insights, REDX Caller ID, and Place acquires Remine for expanded MLS services. Innovation driving the property sector.
There are a number of AI-powered tools being used to speed and automate various tasks in the real estate industry, from generating leads to analyzing the market to virtual staging.
"This award is yet another sign that the industry is ready for a technology-first brokerage platform that boosts agent productivity through automation," said Tamir Poleg, chairman and CEO of Real.