Items Tagged with 'Zillow'

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Zillow to pay $6 million to settle alleged labor violations

Accused of failing to provide meal and rest breaks, overtime pay
Zillow Group will pay as much as $6 million to settle a class action lawsuit that accused the company of violating federal labor laws, the online real estate giant announced Monday. The lawsuit accused the company of allegedly failing to provide meal and rest breaks, failing to pay overtime and failing to keep accurate records of employees' hours worked for “certain inside sales consultants.”
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Realtor.com's traffic is growing but still dwarfed by Zillow

Zillow Group websites triple traffic of News Corp property
When News Corp acquired Move Inc., which operates Realtor.com for the National Association of Realtors, in November 2014, the worldwide conglomerate pledged to “turbocharge” Realtor.com. The impact of the News Corp acquisition is still being felt by Realtor.com, which continues to see growth in its web traffic, but the company still has a long way to go to catch the websites of the Zillow Group.
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Zillow posts biggest profit ever

Back in the black for first time since 4th quarter of 2013
Don’t look now, but Zillow Group just turned in its best quarter ever. The online real estate giant said Tuesday that it brought in record revenue in the third quarter. And even more than record revenue, Zillow revealed that it ended a nearly three-year run in the red. And even more than that, Zillow’s profit during the third quarter was its largest quarterly profit ever.
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Zillow partnering with Facebook to increase real estate agents' reach

Listing information can now be targeted to specific Facebook users
In a move that shows how much better companies are getting at reaching their desired audiences no matter where they are, Zillow announced a partnership this week with Facebook that will allow Realtors and real estate agents to target potential homebuyers directly on their Facebook feed.
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Zillow: Millennials increase role in housing market

Now buying starter homes as big as traditional move-up buyers
Millennials make up more than half of today's homebuyers and are bringing a savvier, deeply researched approach that is unlike any past generation, according to a new Zillow survey. This generation waited longer than any previous generation to buy a home, and that’s not the only thing they're doing.
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Zillow: We use the best fraud prevention system available

Who do you believe?
After some real estate agents complained about receiving phishing emails instead of leads from Zillow, the company responded by saying not only does it do everything it can to prevent these scam emails from going through, but it has one of the best filters in the industry. Zillow argues that scammers are only an occasional occurrence.
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Is Zillow's lead generator filled with scammers and spammers?

Users complain real estate ad service poorly filters potential fraud
Zillow thrives on advertising dollars from real estate agents who are looking to get more leads from homebuyers and sellers. A new discovery, however, suggests that the online real estate listing service may be vulnerable to scammers and spammers. Here's what HousingWire found.
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Zillow ranks fastest appreciating housing markets

Incomes appreciating faster than homes for first time since 2011
Home prices in some metropolitan areas grew at almost triple the rate of the national average. Zillow laid out a list of the top five which, surprisingly, San Francisco was not on. While some areas are heating up, it seems California’s hot markets could be cooling down.
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