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It's bubble-burst time for the big Z!
David Barr It appears consumers and agents are getting smarter.
This is interesting news.
Interesting news. Perhaps agents are getting the message. A
Upper management is getting paid well!
Without change or a bail out they will go by the way side. Maybe if the split into fifty plus states with franchise in counties and towns but the expenses and participation against the local MLS would probably keep the bottom line low as well.
David Barr I think consumers with the Z mentality are going to have a tough time when that ship sinks . . . and it's a 'when'.
They make their money cold calling agents. Very modern up to date company.
David - We can only hope that consumers are beginning to realize how inaccurate their information is, no matter how pretty the site and how easily accessible it is.
Is is good to know. But i'm sure, they find the way to fix it. They are too big to fail.
I think all stocks ebb and flow. And sellers still want their homes listed on zillow. I think the trulia purchase was a mistake, but I don't seem them folding.
It could mean many things. I don't follow their stock so I am not going to guess as to the meaning.
It may mean that consumers are going elsewhere for data. Could it be they are finding our ActiveRain posts?
That they have a lot of debt and haven't been making the money Wall Street thinks. I don't think it shows anything about the consumers.
I'd say it probably has a good deal to do with the stock market collapsing in general.
On the contrary. They are buying buying lending and appears to be doing better than News Corp (Realtor.com etc). Zillow Earning <----click here
I image they will get into commercial turf soon. Overseas presence is on hold