Redfin (NASDAQ: RDFN) has followed the example set by Zillow (NASDAQ: Z, ZG) in prohibiting some private listings on its platform. Glenn Kelman, the company’s CEO, announced the policy shift in a blog posting where he declared, “Because we believe that all buyers...
A new data analysis by Zillow Group (NASDAQ: Z, ZG) has determined that home sellers who opted not to place their properties on a Multiple Listing Service (MLS) lost out on more than $1 billion collectively over the past two years. Zillow’s analysis concluded that...