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Pacaso’s Spencer Rascoff and Austin Allison (iStock, Pacaso)
National

Second-home startup Pacaso to offer agents stock

Second-home startup Pacaso plans to offer its agents the company’s future stock on top of their commissions. The firm,...

Second-home startup Pacaso to offer agents stock
Zillow CEO Rich Barton (Getty)
National

Zillow profits hit record $52M in Q1

High demand for housing and low supply delivered another quarter of record profits for Zillow. The Seattle-based real estate giant notched $52 million in net income during the first quarter, bolstered by a booming...

Zillow profits hit record $52M in Q1
This is your home on tech
National Issue

This is your home on tech

Listings With the M&A market for listings services heating up, eyeballs are worth a lot more than they used to be. CoStar bought national search portal Homesnap for $250 million in November, pitting the...

This is your home on tech
Rich Barton
National Issue

Inside Rich Barton’s quest to dominate homebuying

The lights were dimmed. Soft music played in the background as Dan Levy, clad in paisley pajamas, parted his...

Inside Rich Barton’s quest to dominate homebuying
Pacaso's Spencer Rascoff and Austin Allison (iStock, Pacaso)
National

Spencer Rascoff’s Pacaso is worth $1B

Five months after launching, second-home startup Pacaso is a unicorn. The company, started by Zillow co-founder Spencer Rascoff and other former Zillow executives, said it raised $75 million at a $1 billion valuation —...

Spencer Rascoff’s Pacaso is worth $1B
Offerpad's Brian Bair, Zillow's Rich Barton and Opendoor's Eric Wu. (Offerpad, Zillow, Opendoor)
National

How the “Big Three” iBuyers stack up

Until recently, iBuying was largely a two-horse race. Now, Offerpad’s decision to go public in a $3 billion SPAC deal has put rivals Opendoor and Zillow on notice. The deal, with a blank-check firm...

How the “Big Three” iBuyers stack up
Spencer Rascoff and Offerpad CEO Brian Blair (Getty, Offerpad)
National

Spencer Rascoff’s SPAC strikes $3B deal with Offerpad

Zillow co-founder Spencer Rascoff is betting big on iBuying — a move that pits him against the real estate...

Spencer Rascoff’s SPAC strikes $3B deal with Offerpad
Zillow CEO Richard Barton (iStock, Getty)
National

Zillow to grow workforce by 40% in 2021

Zillow is staffing up to take on the white-hot housing market. The listing giant and iBuyer said it plans to hire 2,000 employees this year — increasing its remote and in-person workforce of around...

Zillow to grow workforce by 40% in 2021
Opendoor CEO Eric Wu and Zillow CEO Richard Barton (Wu via Resolute Ventures, Barton via Getty)
National

iBuyers lost $1.2B over two years: report

The big iBuyer experiment continues to be very, very costly. Opendoor and Zillow lost a combined $1.2 billion buying and selling homes over the past two years, including $607 million in 2020, according to...

iBuyers lost $1.2B over two years: report
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