Please ensure Javascript is enabled for purposes of website accessibility

Poorest Americans Dealt Biggest Blow Under Senate Republican Tax Package

4 hours ago

Trump Vowed to Dismantle MS-13. His Deal With Bukele Threatens That Effort.

8 hours ago

Ukraine Voices Concern as US Halts Some Missile Shipments

8 hours ago

Poll: Most Americans Say National Divide, Political Violence Threaten Democracy

8 hours ago

Paramount Settles With Trump Over ‘60 Minutes’ Interview for $16 Million

9 hours ago

Republicans Tee up House Vote on Trump Bill, Outcome Uncertain

9 hours ago

What’s Next for Sean ‘Diddy’ Combs After His Sex Trafficking Trial?

9 hours ago

Dalai Lama Says He Will Be Reincarnated, Trust Will Identify Successor

9 hours ago
Zillow Is Losing Millions on Selling Homes. but Its Risk-Taking CEO Isn't Worried
News
By News
Published 5 years ago on
February 21, 2020

Share

[aggregation-styles]


Zillow has long been known as the place to go when you’re looking to buy a new home. It’s famous for its Zestimate, which uses proprietary algorithms to estimate the current price of your house (or your neighbor’s, if you’re feeling nosy).
But Zillow decided to shake things up.
In April 2018, the company announced it was launching Zillow Offers and would purchase homes directly from sellers, doing any necessary repairs before turning around to resell the house itself.
The model, known as instant buying, or “iBuying,” marked a major overhaul for Zillow’s core business. Up until then, the company had operated in a purely digital realm, removed from the headaches of owning or renovating actual brick-and-mortar properties.
At the company, the dramatic shift is known as “Zillow 2.0,” and CEO Rich Barton has laid out a bold vision, painting this moment as a “new frontier in real estate.” He wants Zillow’s service to eventually transform the industry so that selling a home is as easy as trading in a car. But first, he warns, the company and its shareholders have to be patient.
Read More →

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

House Republicans Say They Expect to Vote Tonight on Trump’s Tax-Cut Bill

DON'T MISS

San Luis Obispo’s Madre Fire Grows to 8,300 Acres, Prompts Evacuations

DON'T MISS

SLO Deputies Fatally Shoot Man in Los Osos Weeks After US Marshal Impersonation Arrest

DON'T MISS

Madera County Deputy Injured, Wanted Felon Arrested After Violent Struggle

DON'T MISS

San Luis Obispo County Wildfire Burns More Than 3,000 Acres. No Containment Yet

DON'T MISS

Wired Wednesday: Why Is State Lawmaker Taking Aim at Rooftop Solar?

DON'T MISS

Two Visalia Men Sentenced in 2021 Motel Killing

DON'T MISS

Ex-Jan. 6 Defendant Gets Life in Prison for Plot to Kill FBI Agents

DON'T MISS

Del Monte Files for Bankruptcy. Gets Nearly $1B to Keep Producing Through Process

DON'T MISS

Who is Running for Fresno Area Offices in 2026? An Updated Look

UP NEXT

Rise of the Anti-“Woke” Democrat

UP NEXT

High-Level Saudi Visit Follows Multimillion-Dollar Foreign Influence Operation

UP NEXT

Iran and Russia Move to Fill Diplomatic Vacuum in Afghanistan

UP NEXT

Pelosi’s Husband Locked In $5.3 Million From Alphabet Options

UP NEXT

Experts Reportedly See Major Damage in Attack on Iran Centrifuge Plant

UP NEXT

Opinion: School Choice Marches Ahead

UP NEXT

Zakaria: Americans Care About History Because the Stakes Are High

UP NEXT

California Democrats Are Reliably Pro-Labor. But One Union Is Testing Their Patience.

UP NEXT

The Tightrope Walk Democrats Have Ahead on Two Separate Infrastructure Bills

UP NEXT

Bill Barr on Trump’s Election Fraud Claims: “It Was All Bullsh*t”

Madera County Deputy Injured, Wanted Felon Arrested After Violent Struggle

2 hours ago

San Luis Obispo County Wildfire Burns More Than 3,000 Acres. No Containment Yet

2 hours ago

Wired Wednesday: Why Is State Lawmaker Taking Aim at Rooftop Solar?

2 hours ago

Two Visalia Men Sentenced in 2021 Motel Killing

3 hours ago

Ex-Jan. 6 Defendant Gets Life in Prison for Plot to Kill FBI Agents

3 hours ago

Del Monte Files for Bankruptcy. Gets Nearly $1B to Keep Producing Through Process

3 hours ago

Who is Running for Fresno Area Offices in 2026? An Updated Look

4 hours ago

CIA Review Finds Flaws but Does Not Dispute Finding Putin Sought to Sway 2016 Vote to Trump

4 hours ago

Poorest Americans Dealt Biggest Blow Under Senate Republican Tax Package

4 hours ago

Check Out Newest Downtown Mural. It’s a Spectacular Tribute to Fresno Artisans

5 hours ago

House Republicans Say They Expect to Vote Tonight on Trump’s Tax-Cut Bill

WASHINGTON – Republicans in the House of Representatives on Wednesday struggled to pass President Donald Trump’s massive tax-cut...

1 hour ago

Speaker of the House Mike Johnson speaks to the press, as Republican lawmakers struggle to pass U.S. President Donald Trump's sweeping spending and tax bill, on Capitol Hill, in Washington, D.C., U.S., July 2, 2025. (Reuters/Annabelle Gordon)
1 hour ago

House Republicans Say They Expect to Vote Tonight on Trump’s Tax-Cut Bill

The Madre Fire in San Luis Obispo County has rapidly expanded to 8,396 acres with no containment, prompting evacuation orders and warnings near New Cuyama. (CalFire)
1 hour ago

San Luis Obispo’s Madre Fire Grows to 8,300 Acres, Prompts Evacuations

Andrew Biscay, 40, was arrested Friday, June 20, 2025, after deputies found him with a fake U.S. Marshal’s badge, homemade firearm, and law enforcement-style gear during a warrant arrest. (Madera County SO)
1 hour ago

SLO Deputies Fatally Shoot Man in Los Osos Weeks After US Marshal Impersonation Arrest

On Tuesday, July 1, 2025, a Madera County sheriff’s deputy was injured while trying to arrest a wanted felon, Felix Adrian Nucamendi Carrasco, 40, who later fled and was captured near Raymond Road. (Madera County SO)
2 hours ago

Madera County Deputy Injured, Wanted Felon Arrested After Violent Struggle

A wildfire dubbed the Madre Fire has burned over 3,300 acres near New Cuyama with 0% containment, officials said Wednesday, July 2, 2025. (CalFire)
2 hours ago

San Luis Obispo County Wildfire Burns More Than 3,000 Acres. No Containment Yet

2 hours ago

Wired Wednesday: Why Is State Lawmaker Taking Aim at Rooftop Solar?

Jose Luna (left), 33, and Ralph Grajeda, 45, both of Visalia, have been sentenced for their roles in the 2020 shotgun killing of Robert Soto at a local motel. (Tulare County DA)
3 hours ago

Two Visalia Men Sentenced in 2021 Motel Killing

A U.S. Justice Department logo or seal showing Justice Department headquarters, known as "Main Justice," is seen behind the podium in the Department's headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023. (Reuters File)
3 hours ago

Ex-Jan. 6 Defendant Gets Life in Prison for Plot to Kill FBI Agents

Help continue the work that gets you the news that matters most.

Search

Send this to a friend