What Is Zillow Doing Now?

Zillow: The digital Swiss army knife

The shortage of homes is likely to persist for several years, since single- family homes make up 36% of the shortage. If young couples delay their plans to have a family or cancel them completely, it will be a huge blow to the economy in the future. When it comes to buying and selling residential real estate, Zillow is a digital Swiss army knife.

It covers almost all of the angles, including mortgage lending, sales agents, and even a rental marketplace. Building online solutions can deliver incredible scale, which means that Zillow has a bigger potential footprint than any traditional player in its areas of operation. The company will take your home away through its offers segment.

In a typical market, it can take months to sell your home and you have to do a lot of inspections. The only thing that remains is the goal of reselling your home for a profit. Many sellers will sacrifice a bit of the selling price for speed and certainty as the segment generated $701 million of revenue in the most recent quarter, even though the offer you receive might be lower than what you could get in the open market.

The consensus earnings estimate is for the year of 2022. If the share price remained the same, that would shrink the multiple to 77. The earnings growth is really fast.

The valuation becomes less extreme looking out a couple of years. It's a real possibility that the company doesn't beat forecasts given the strong demand in the housing market that is slated to persist. Some investors might be willing to hold on to the stock if they think that the company will exceed expectations, and if they are willing to hold for the long term.

Zillow vs. TruLia

Both sites present listings with photos, a description, and prices. The property information presented on each site is the same. Visitors can use a set of criteria to search for homes on each site, including price, number of bedrooms, type of structure, square footage, and lot size.

The two sites are fairly similar, but there are several differences that separate them. Zestimates are estimates of home values based on publicly available information. Each site presents listings in a different way, which makes it different for the user.

When you search for listings on the website, the results are on the right side with a map of the area on the left. The experience is different on Trulia, where the search results are left and the map is right. The user experience of Zillow is more graphical than that of Trulia.

On the left side, you can see a map of all the properties that fit the criteria you selected. Clicking on the thumbnail shows the price, number of bedrooms and bathrooms. The crime map data is one of the features of Trulia.