Mortgage And Real Estate News

Sunday, May 21, 2017

Can Zillow 'Uber-ize' the hundred-billion-dollar real estate brokerage?

Earlier this month, when Zillow announced a record high quarter, projecting to surpass a billion dollars in revenue by the end of this year, many wondered whether the company, with its 75 percent online real estate audience market share and 171 million monthly users, can "Uber-ize" real estate agents, cutting out traditional brick-and-mortar brokerage middlemen in the same way Uber bypassed taxi dispatchers.

Reuters: Business News

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