Zillow Group, Inc. - Class C Capital Stock (Z)
Frequently Asked Questions About Zillow Group, Inc. - Class C Capital Stock (Z)
Does Zillow offer mortgage services?
Yes, Zillow offers mortgage services through its subsidiary, Zillow Home Loans. This division provides mortgage origination and refinancing services, allowing users to get pre-approved for loans and manage their mortgage needs, all integrated within the Zillow platform.
How does Zillow generate revenue?
Zillow generates revenue primarily through its real estate and rental marketplace, leveraging advertising revenue from real estate agents and other professionals. Additional revenue comes from transaction services, such as Zillow Offers and mortgage origination, where the company earns fees and commissions.
How does Zillow impact the real estate market?
Zillow has significantly impacted the real estate market by transforming how buyers, sellers, and renters access information. Its comprehensive database, user-friendly tools, and transparent pricing models have empowered consumers and changed the dynamics of real estate transactions, influencing both market trends and consumer behaviors.
How does Zillow work with real estate agents?
Zillow partners with real estate agents by providing them with advertising opportunities on its platform. Agents can purchase leads through Zillow's advertising services, allowing them to connect with potential buyers and sellers and leverage Zillow's extensive reach to enhance their real estate business.
Is Zillow Group a public company?
Yes, Zillow Group, Inc. is a publicly traded company listed on the Nasdaq stock exchange under the ticker symbol Z for Class C shares. As a public company, it is required to disclose financial information and adhere to regulations set forth by the Securities and Exchange Commission (SEC).
What are class A and class C shares?
Zillow Group issues both Class A and Class C shares. Class A shares carry voting rights, allowing holders to influence company decisions during shareholder meetings, while Class C shares provide no voting rights. The different classes exist primarily to allow the founders to retain control over the company's direction while still raising capital from investors.
What challenges has Zillow faced?
Zillow has encountered several challenges, including intense competition in the online real estate market, controversies related to its Zestimate accuracy, and operational risks associated with its Zillow Offers program. In 2021, Zillow paused home purchases via Zillow Offers due to rapid market changes, leading to significant financial adjustments.
What content and features does Zillow provide for renters?
Zillow provides a variety of features and content specifically for renters, including rental listings, neighborhood information, price comparisons, and market trends. Renters can easily search for apartments, filter by preferences, and access tools to help navigate their rental journey efficiently.
What does Zillow Group, Inc. do?
Zillow Group, Inc. is an American online real estate marketplace that provides a platform for buyers, sellers, and renters to access real estate information across the United States. The company is best known for its website and mobile app where users can search for homes, view property listings, estimate home values (Zestimates), and get access to various tools and resources related to real estate transactions.
What is a Zestimate?
A Zestimate is Zillow's proprietary algorithm that provides an estimated market value for homes. It is calculated using public data, recent sales, tax assessments, and user-submitted data to provide an approximate value that reflects a home's worth in the current market.
What is the business model of Zillow Group?
Zillow Group operates under a dual business model consisting of a lead generation model for real estate agents and a home buying and selling service known as Zillow Offers. Agents pay Zillow for advertising and leads, while Zillow also buys homes directly, renovates them, and sells them through their platform.
What is the future outlook for Zillow Group?
The future outlook for Zillow Group remains optimistic as it continues to innovate and adapt to evolving market conditions. With a strong focus on technology, data, and customer service, Zillow seeks to expand its market presence, improve offerings, and increase user engagement, positioning itself well for growth in the dynamic real estate industry.
What is Zillow Offers?
Zillow Offers is a program through which Zillow buys homes directly from sellers, providing a hassle-free selling experience. After purchasing a home, Zillow typically makes minor renovations and then lists the property for sale through its platform, allowing sellers to avoid traditional selling headaches.
What is Zillow's mission statement?
Zillow's mission is to give people the power to unlock life's next chapter by providing comprehensive real estate information and a seamless platform for buyers, sellers, and renters. Through innovation and customer-centric services, Zillow aims to simplify real estate processes and improve outcomes for users.
What kind of technology does Zillow use?
Zillow employs advanced technology and data analytics to improve the user experience on its platform. This includes machine learning algorithms to calculate home values, user-friendly search functionalities, and virtual tour capabilities for showcasing properties online.
What markets does Zillow operate in?
Zillow primarily operates in the United States, covering major metropolitan areas and rural markets alike. It has a strong presence in thousands of cities, providing users with access to local listings, market data, and community information in various states across the country.
When was Zillow Group, Inc. founded?
Zillow Group, Inc. was founded in 2006 by Rich Barton and Lloyd Frink, both of whom were former Microsoft executives. The company has since evolved from a simple property listing service into a comprehensive platform for real estate data and transactions.
Where is Zillow Group, Inc. headquartered?
Zillow Group, Inc. is headquartered in Seattle, Washington. The company operates out of a central office that supports its extensive team of employees dedicated to improving the real estate experience for millions of users.
What is the current price of Zillow Group, Inc. - Class C Capital Stock?
The current price of Zillow Group, Inc. - Class C Capital Stock is 66.77
When was Zillow Group, Inc. - Class C Capital Stock last traded?
The last trade of Zillow Group, Inc. - Class C Capital Stock was at 2:55 pm EDT on April 4th, 2025
What is the market capitalization of Zillow Group, Inc. - Class C Capital Stock?
The market capitalization of Zillow Group, Inc. - Class C Capital Stock is 2.67B
How many shares of Zillow Group, Inc. - Class C Capital Stock are outstanding?
Zillow Group, Inc. - Class C Capital Stock has 40.01M shares outstanding.