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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. ....

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Major MLSs Join Forces To Form 'Rosetta Stone' Of Showing Services

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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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