The competition between tech giants Redfin and Zillow is intensifying in the real estate market, as they have recently inked a deal. The term of the deal is undisclosed, however, it includes a commitment from Redfin to provide Zillow with new construction home listings.
The inclusion of new construction listings in the housing sales market has grown to approximately 30%. This is predicted to increase even further with Redfin’s commitment to provide the latest listings to Zillow. This is an interesting development for the real estate industry, as more people are looking for housing that is either newly built or refurbished, rather than buying an existing home.
The new deal between Zillow and Redfin could potentially create a new shift in how the real estate industry operates, as people pivot towards the latest listings for new homes.
Key points:
• Redfin and Zillow have recently inked a deal
• The deal includes a commitment from Redfin to provide new construction home listings to Zillow
• New construction listings in the housing sales market have grown to approximately 30%.
• This could potentially create a shift in how the real estate industry operates as people pivot towards the latest listings for new homes.
You can read this full article at: https://www.housingwire.com/articles/zillow-and-redfin-partner-on-new-construction-listings/(subscription required)
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