Zillow continues to solidify its leadership in real estate transparency while advocating for the Clear Cooperation Policy. CEO Wacksman highlighted new listing standards mandating that publicly marketed properties be available on the Multiple Listing Service (MLS) and accessible via Zillow and other platforms. This initiative encourages industry-wide adherence to equitable practices, enhancing buyer and seller empowerment. The company's mortgage revenue rose significantly, indicating an increased integration of Zillow Home Loans with Premier Agent services, suggesting strong customer engagement and trust in Zillow's offerings.
Wacksman stated, 'We want to make sure that remains in our market, so our consumers, the professionals... can continue to do their jobs effectively.'
'If a listing is publicly marketed to any buyer, it must be placed on an MLS and published on Zillow,' Wacksman emphasized.
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