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The IPO was priced at $17 per share, and began trading on September 20, 2012 at an opening price of $22.10. [9] In May 2013, Trulia announced plans to acquire Market Leader Inc. (based in Kirkland, Washington) for $355 million, expanding its offerings for real estate agents. [10] The acquisition officially closed on August 20, 2013.
The website is licensed to operate by the National Association of Realtors (NAR), the real estate industry's largest trade association. [3] [7] The company's business model is built around selling referral-based solutions, leads, and advertising to agents, brokers, and others in the real estate industry. [8] Realtor.com covers 80 countries.
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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Buyer’s agents vs. seller’s agents. A buyer’s agent represents a homebuyer in a real estate transaction, while a seller’s or listing agent is responsible for the seller’s side, including ...
By selling her home without a full-service Realtor, McMahan, who enjoys fixing up and reselling old homes, pocketed some extra cash: Rather than paying 2% or 3% of her home’s final sale price to ...
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