Zillow homebuying platform accounts for half of its Q3 revenue


Zillow Group sold 1,211 homes during the third quarter through its direct homebuying platform, marking the first time it has accounted for more than half the company’s total revenue.

Zillow Offers generated $384.6 million of the company’s total $745.2 million total revenue for the quarter, a 55 percent increase from Q2 revenue and 34 times what the venture made in its infancy during the same quarter last year.

Zillow CEO Rich Barton said as the company continues to scale it’s expecting to…

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