Zillow Reports Strong Earnings on Advertising, Rentals

The transcript discusses Zillow's recent financial performance, highlighting a strong revenue quarter and the success of its Premier agent business. It also covers the closure of Zillow's I-buying program and its new partnership with Open Door. The conversation shifts to Zillow's business strategy, focusing on its core advertising business and potential growth in the real estate market. The discussion concludes with insights into Zillow's efforts to monetize the sell side of the market.

What was the revenue reported by Zillow in the most recent quarter?

• $350 million

• $400 million

• $435 million

• $500 million

What happened to Zillow's iBuying business?

• It was sold to a competitor

• It was shut down

• It was expanded

• It was merged with another division

How is Zillow participating in the iBuying market after shutting down its own program?

• By launching a new iBuying program

• Through a partnership with Open Door

• By investing in real estate technology

• By acquiring a smaller iBuying company

What is a key challenge for Zillow's business model?

• Monetizing the buy-side transactions

• Reducing operational costs

• Capturing the sell-side market

• Increasing user engagement

What aspect of Zillow's business is considered a 'spectacular asset'?

• Its iBuying program

• Its legacy IT and primary agent business

• Its real estate investment portfolio

• Its customer service department