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Shares of Zillow have dropped nearly 20% since Thursday as investors feared that lower commission rates for agents could lead to less business for the real estate platform.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
Online real estate marketplace Zillow has launched a new web and mobile co-shopping platform, Agentfolio, for direct communication among agents and homebuyers, the company announced today. The ...
Agents involved could copy and process the paper- or email-based property data. The main agent was treated as the vendor; all sales progression went through her and commission was split upon completion. The Dark Years: In the late 1990s many of the smaller agencies were acquired by larger companies, breaking many of the MLS relationships that ...
Trulia is an American online real estate marketplace which is a subsidiary of Zillow. It facilitates buyers and renters to find homes and neighborhoods across the United States through recommendations, local insights, and map overlays that offer details on commute, schools, churches and nearby businesses.
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Barton, raised in New Canaan, Connecticut, is the son of a teacher and mechanical engineer. [7] He graduated from Stanford University in 1989 with a degree in engineering. He first worked for Alliance Consulting Group, and in 1991, began working for Microsoft as product manager for MS-DOS 5.0.
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