The expansion is part of Zillow's "enhanced markets" program, which is now in six cities and part of the company's efforts to eventually build a real estate "super app."
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Zillow Group Inc. said Thursday that Jeremy Hofmann has been promoted to chief financial officer, succeeding Allen Parker, who will serve in an advisory role into the first quarter of 2024. Effective Thursday, the Seattle-based online real estate company said, Hoffman now oversees Zillow's finance, corporate development, strategy and investor relations teams, and reports to co-founder and CEO Rich Barton. There is no change to the second quarter 2023 guidance issued in Zillow's first quarter 2023 report released on May 3, the company said.