Zillow and the Future

Written by Jim the Realtor

August 18, 2015

zgroup

Rob Hahn discusses his thoughts about the future of real estate agents after reading this in the Zillow 2Q/2015 Earning Call:

For example, at the end of Q2, the number of agents spending more than $5,000 per month, grew 48% year-over-year. Agents spending over $2,500 per month, grew 44% year-over-year. And the number of agents spending over $1,000 per month grew 34% year-over-year. The churn rate among these cohorts is very low, validating our strategy of focusing on high performing agents.

http://www.notorious-rob.com/2015/08/the-future-of-real-estate-according-to-zillow/?

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