Zillow and Redfin settled an antitrust case with the FTC and five states on the day their trial was set to begin, agreeing to undo part of the $100 million deal that took Redfin out of the apartment rental advertising business. The proposed settlement requires Redfin to relaunch that business within six months, while the listings partnership between the two Seattle companies continues. Read More
Zillow built its brand by letting people window‑shop for homes and by generating advertising revenue from real estate agents. But now, as Zillow marks its 20th anniversary on Monday, its leaders are pushing toward something bigger. Read More
RentSpree, which got its start in Los Angeles but is now headquartered in Seattle, has built a profitable business helping landlords and real estate agents screen tenants, collect rent, sign leases, and manage rentals online. Read More
Revenue was $676 million for the third quarter, up 16% year-over-year and above the company’s previous guidance, driven by the strength of its rentals and mortgage divisions. Read More
Marble, a Seattle startup building software-enabled rental management systems for smaller landlords, raised $2 million. The company was co-founded in… Read More
After Expedia acquired HomeAway for $3.9 billion in late 2015, the travel giant shifted the business model of its vacation rental sites to more closely… Read More