{"id":27880,"date":"2020-09-28T09:29:21","date_gmt":"2020-09-27T20:29:21","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=27880"},"modified":"2020-09-28T09:29:21","modified_gmt":"2020-09-27T20:29:21","slug":"top-real-estate-website-zillow-plans-to-create-real-estate-brokerages-usa","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/top-real-estate-website-zillow-plans-to-create-real-estate-brokerages-usa\/","title":{"rendered":"Top Real Estate Website Zillow Plans to Create Real Estate Brokerages | USA"},"content":{"rendered":"<p><strong>PHOTO: <span class=\"attribution\">\u00a9 Provided by Millionacres<\/span>\u00a0Zillow Plans to Create Real Estate Brokerages<\/strong><\/p>\n<p>Ever since<b>\u00a0Zillow Group<\/b>\u00a0(NASDAQ: Z) (NASDAQ: ZG) became the top-ranked real estate search website in the United States, real estate agents have sounded the alarm that Zillow would eventually become a brokerage. In the past, Zillow vehemently denied this. In fact, in 2014, Greg Schwartz, Zillow&#8217;s then-chief revenue officer, stated Zillow was &#8220;a media company that helps people find homes.&#8221;<\/p>\n<p>At that time, <a href=\"https:\/\/www.propertynoise.co.nz\/zillow-restarts-home-buying-business-showing-confidence-in-real-estate-amid-ongoing-pandemic-usa\/\">Zillow<\/a>&#8216;s primary business was still selling leads to agents and brokers.<a href=\"https:\/\/www.propertynoise.co.nz\/zillow-plans-to-do-to-real-estate-what-amazon-did-to-retailing-international\/\"> Zillow<\/a> used its massive traffic advantage to provide real estate agents with potential\u00a0buyers\u00a0and sellers.<\/p>\n<p>However, changes in how <a href=\"https:\/\/www.propertynoise.co.nz\/watch-will-zillow-offers-revolutionize-real-estate\/\">Zillow<\/a> makes revenue now seem to have necessitated another shift, and in 2021 Zillow will debut Zillow Homes, a licensed real estate brokerage that will be located in Atlanta, Phoenix, and Tucson. Zillow already holds brokerage licenses in some states, mostly to facilitate its access to data or ability to collect referrals through the Flex program, where agents pay fees for closed transactions from Zillow leads.<\/p>\n<p>After Zillow launched\u00a0iBuying\u00a0service Zillow Offers, it seemed more likely Zillow would evolve its business model. While many potential home sellers take Zillow up on its all-cash offer for their homes, others recognize they may get a higher return on their investment if they sell their home with a\u00a0real estate agent\u00a0on the open market. 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&rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":27881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478111595,478098513,478098579,478098510,478098514,478098511,478098705,478098533,478101137,478098509,478098727,478111597,478098953,478111596,478111594,478111598,478098952,478103870],"class_list":["entry","author-data123nz","post-27880","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-ibuying","tag-property","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-brokerage","tag-real-estate-news","tag-real-estate-offices","tag-real-estate-search","tag-real-estate-website","tag-united-states-realtors","tag-us-realtors","tag-usa-real-estate","tag-zillow","tag-zillow-group"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Top Real Estate Website Zillow Plans to Create Real Estate Brokerages | USA - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/top-real-estate-website-zillow-plans-to-create-real-estate-brokerages-usa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top Real Estate Website Zillow Plans to Create Real Estate Brokerages | USA - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: \u00a9 Provided by Millionacres\u00a0Zillow Plans to Create Real EstateRead More &rarr;\" \/>\n<meta property=\"og:url\" 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