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Zillow CEO responds to new competition from Facebook and Amazon

Posted by   /  August 11, 2017  /  No Comments

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zillowBy Brena Swanson | Housingwire

As one of the largest, if not the biggest, players in online real estate listings, Zillow is watching its list of competitors rapidly grow with more and more companies eyeing the potential in the real estate market.

Zillow may dominate the space right now, raking in $266.9 million in revenue in the second-quarter of 2017, but top-producing companies like Amazon and Facebook have recently encroached in Zillow’s territory.

But the small moves from others in the industry to take some of Zillow’s long-standing dominance isn’t enough to scare the CEO.

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