Zillow Exits iBuying — Five Key Takeaways
November 03, 2021Mike DelPrete Yesterday, Zillow announced that it is exiting its iBuyer business, Zillow Offers. After racking up over $1 billion in losses over 3.5 years, Zillow is closing the business down, a move that has significant implications for the real estate industry. Zillow’s Astronomical iBuyer Growth Zillow’s iBuyer business grew so fast, so quickly, …