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Curious how confidence, job security and over atmosphere is like over at Zillow. Asking for a friend. #zillow
Direction is very unsure as of now. RE is a risky business to be in the current times
I feel you, used car sales is also a risky business š¬
Iām pretty confident. Not that the stock is going to š or business will boom in any way, but that weāve reached a sustainable point. Our balance sheet is good. We make marginally more money than we spend. We exited iBuying a year ago, which turned out to be a great move (just look at Opendoorās q3). Rates wonāt go up forever. We make money on renters as well as buyers and sellers. Now would be a good time to join, tbh.
I'm joining soon!
I feel pretty confident for rentals business. Thatās the one I am closets to.
Same!
A little nervous. But we have millions in cash and are still moving the right direction for the āsuper appā. If Iām in real estate tech Iām glad Iām still with Zillow and not the other guys
We have billions in cash, actually.
Weāre fine either way. But you are right
Iām bullish on it. Thereās great energy, we have some great plans. Rentals is super strong. I think weāre undervalued right now, and when the market in general starts to recover weāll see a nice bump. Itās a great time to join.
Is Rentals hiring engineers?
I think , if the situation continues then RE is risky , even Zillow has cash does not mean they will not layoff
Exactly.. companies flush with cash are still āļø
Cmon RE is getting destroyed next yearā¦iām hopeful but jumping to RE company now is a bad decision
What if you are at a used car company šš«
Any consumer tech sector is going to get hammered
Can one of you guys provide me with a referral at Zillow please?
Dm me
Probably nervous .. because real estate has yet to bottom out