Zillow Group Z recently announced its new listing standards aimed at real estate transparency, where all the information will be easily accessible without any barriers and bias. The move will strengthen consumer trust and confidence in the company’s brand.
Zillow’s new listing standards adhere to the National Association of Realtors Clear Cooperation Policy, whereby any publicly marketed listing should be mandatorily listed within a day in the Multiple Listing Service and then published on Zillow. As such, any listing that is available to any buyer should be available to all buyers. This will lead to an open and competitive housing marketplace, benefiting both sellers and buyers.
eXp Realty EXPI has been a frontrunner in accepting these new standards. EXPI has entered into a partnership with Zillow to provide its listings on Zillow’s platform with maximum visibility in an efficient marketplace.
Zillow Group and its affiliates primarily connect renters, buyers, sellers and real estate professionals to meet a wide range of residential real estate needs. They intend to transform the experience through its all-in-one digital platform, the Zillow housing super app.
The above move highlights Zillow’s commitment to fair real estate information dissemination, which will reap benefits for all buyers and sellers alike. This will enhance its brand appeal by building customers’ faith. By readily collaborating with Zillow, EXPI is also delivering value to its customers.
Shares of this Zacks Rank #3 (Hold) company have fallen 1.5% over the past six months, narrower than its industry’s decline of 9.5%.
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Some better-ranked stocks from the broader real estate industry are Newmark Group NMRK and Green Brick Partners GRBK. While NMRK sports a Zacks Rank of #1 (Strong Buy), GRBK carries a Zacks Rank of #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Newmark Group’s 2025 earnings per share (EPS) has been revised upward by 3.6% to $1.45 per share over the past two months.
The Zacks Consensus Estimate for Green Brick Partners’ 2025 EPS has been revised marginally northward to $8.61 per share over the past two months.
Note: Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs.
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Zillow Group, Inc. (Z) : Free Stock Analysis Report
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This article originally published on Zacks Investment Research (zacks.com).
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