Zillow Group reported an 18% increase in second-quarter revenue Wednesday, topping its high-end forecast even as the online real estate giant posted a narrow net loss over the quarter, just one day after announcing 500 layoffs companywide. The results outpaced the overall 6% growth in the U.S. real estate industry over the same period a…
Late last year, Bright MLS General Counsel Brian Schneider was doing what millions of people do every day—asking AI large language models (LLMs) like ChatGPT, Claude and Google Gemini for information on real estate listings. But Schneider’s motives were very different from the average consumer. As part of a regular review process, Schneider was checking…
Amidst the rapidly accelerating multi-front war over real estate listings, the most important player may have just made its first move. Tech giant Google has started a “controlled experiment” to include real estate listings in sponsored search results, according to HouseCanary, a property data company that is working with Google to provide listings to the…