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Though Zillow News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Zillow Revenue Soars Amid Faster-Than-Expected iBuying Exit

Zillow's now-shuttering iBuyer business sent revenue soaring, but also significantly amplified losses during the final months of 2021.

Major MLSs Join Forces To Form Rosetta Stone Of Showing Services

Inman Connect Four months after Zillow’s acquisition of ShowingTime sparked an intense debate among real estate agents, three major multiple listing services (MLSs) have joined forces to create what they describe as a “Rosetta Stone” for showing technologies. The participating MLSs include Mid-Atlantic-based Bright MLS, California Regional MLS (CRMLS), and Midwest Real Estate Data (MRED) which collectively serve well over 200,000 real estate professionals. According to a statement, the MLSs are “strategizing to create standards to support choice in showings.” They also want to “define a set of guidelines to simplify the real-time exchange of information between showing services, MLSs, brokerages, and other data consumers,” the statement adds.

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