Zillow earns profit, no thanks to iBuying

Aug 5, 2021 |

Zillow CEO Rich Barton New quarter, same story. Zillow makes money through agents advertising on its website. It loses money via buying homes for cash and then reselling them. Add it up and the Seattle listings-and-iBuying giant on Wednesday reported $9.6 million in net income for the second quarter of 2021, and $1.3 billion in […more]

Posted in: San Francisco

Comments are closed.