Seattle based online real estate powerhouse Zillow.com is climbing back after reeling (alongside everyone else) from the recent blows of a worldwide recession.
After laying off 40 employees in October, Zillow is now back to 140 people, close to their pre-layoff workforce. They also reported 8.5 million visitors last month, up 70 percent over last year.
In an interview on TechFlash.com, Zillow CEO Rich Barton said that industry-leader companies can still charge higher CPM. And with growing knowledge of the site in the traditionally slow-moving real estate industry, not to mention access to $87 million in funding, Zillow is still set to grow.
And given the fact that the US real estate market bubble has now burst, it makes sense that a more streamlined operation like Zillow, rather than older, primarily offline real estate organizations will e the force to emerge from the eventual upswing with the most to gain.
Zillow.com is an online real estate service dedicated to helping you get an edge in real estate by providing you with valuable tools and... [more]
Warren Frey
Warren Frey is a writer, editor, blogger and podcaster based out of Vancouver, BC. After working for six years in the Canadian broadcasting industry, he switched to print and has since covered varied assignments from plumbing conferences to star-studded film galas. But he’s never lost his love for the internet and interactive media, from his teens...[more]
