BrokerPulse

RealTrends Q32021 BrokerPulse sees brokers still optimistic about the market, wary of competition and wondering when inventory will rise.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Knock.com’s Sean Black on the transaction revolution

Real estate is on its third revolution, from the digital revolution of the early 2000s to the information revolution kicked off by Trulia and Zillow to today's transaction revolution.

Newsletter

The RealTrends BrokerSource and HousingWire OpenHouse newsletters deliver twice weekly information on trends, strategies, analysis, people, and news shaping the real estate industry.

International Team Wins Zillow’s $1 Million Prize for Improving Zestimates

International Team Wins Zillow’s $1 Million Prize for Improving Zestimates

The winning trio, from the U.S., Canada and Morocco, teamed up in the final round of the contest.

After nearly two years of competition among more than 3,800 teams from 91 countries, Zillow awarded the $1 million Zillow Prize in the contest to improve the accuracy of the Zestimate. The winning team beat the Zillow benchmark model by approximately 13 percent. As a result of these improvements, their work will help push the Zestimate’s current nationwide error rate of 4.5 percent to below 4 percent.

Most Popular Articles

REX undergoes second round of layoffs

REX Homes, the discount brokerage behind an anti-trust lawsuit against Zillow and the NAR, announced its second round of layoffs late last week.

Oct 11, 2021 By

Latest Articles

Millennials struggle to compete with boomers for homes

Young people make up a smaller share of recent homebuyers than in previous years, most likely due to the increased market activity of baby boomers, a new Zillow housing market study found.

Oct 15, 2021 By