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ForSaleByOwner.com was acquired in 2006 by the Chicago Tribune and was based in Chicago before being sold to Rocket Homes SM in 2018. [5] [6] [7] Since its acquisition by Rocket Homes in 2018 [8], ForSaleByOwner.com has continued to evolve as a leading platform for homeowners seeking to sell their properties without traditional real estate brokers.
In the USA, the popularity of FSBO has been increasing since the late 1980s, with real estate website Zillow reporting a doubling of listings between 2012 and 2014 (up to 4%). ForSaleByOwner.com saw 24% growth in 2013, and StreetEasy reports that New York City FSBO listings increased by nearly 30% in that same period. [ 5 ]
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
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