ZG Profile
Zillow Group, Inc. is a leading digital real estate company that operates a suite of brands and platforms dedicated to transforming the real estate market in the United States. The company’s business is structured into three primary segments: Homes, Internet, Media & Technology (IMT), and Mortgages. Each segment plays a crucial role in providing comprehensive real estate solutions through its diverse array of services and products.
The Homes segment focuses on the direct buying and selling of residential properties. Through its platform, Zillow Offers, the company purchases homes directly from sellers, makes necessary renovations, and then resells the properties. This segment also includes Zillow Closing Services, which offers title and escrow services, ensuring a seamless transaction process for buyers and sellers. Services include title searches for insurance policies, escrow management, and other critical closing activities.
The IMT segment provides a range of digital solutions for real estate professionals and consumers. This includes the Premier Agent program, which connects real estate agents with potential buyers and sellers, and the Rentals marketplace for rental property listings. The segment also encompasses dotloop, a transaction management platform, and a variety of advertising and business software solutions aimed at enhancing the efficiency and effectiveness of real estate transactions. Brands under this segment include Zillow Rentals, Trulia, and StreetEasy, among others.
The Mortgages segment offers home loan services and a suite of marketing products designed to connect potential borrowers with lenders. This includes custom quote services and connect services, which facilitate the loan application and approval process. Zillow Group's portfolio also features HotPads and Out East, additional platforms that serve specific regional markets with localized real estate listings.
Established in 2004 and headquartered in Seattle, Washington, Zillow Group, Inc. has evolved into a significant player in the real estate industry. The company's mission is to make real estate transactions simpler and more transparent by leveraging technology to deliver innovative solutions across its diverse platform of brands and services.
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