Redfin vs. Zillow
I asked this in a different thread but want to make it a post of its own. I think Redfin is great and the product is very easy to use, as oppose to Zillow which I think the user interface is terrible. Question I have is : why Zillow market Cap is like 6 times that if Redfin and Zillow stock price went up a lot and Redfin stayed flat in the past 2 years.
User interface is an important thing, but not the only thing, backend is important too
I have wondered the same thing.. I think redfin needs to show listings for rental properties..
Unfortunately, street is a moody bitch. Doesn't always pick the right ones.
Hey i ain't complaining
All the more reason to buy Redfin and hold for 10 years
That’s my thought too
For me it has been 1 year and I am planning to get out
Revenue model is fundamentally different between them. If you haven’t realized you need to do more search before buying.
Read the news, google "Zillow" and Redfin, then you can figure out about the market cap, if you want to know better hear the earnings call of both companies,
Redfin is way better and doing true business. Zillow looks like fraud when looking into their website and data.
Lol in what sense? Dont use such words randomly. How about uber?
I think they mean Zillow’s zestimates are off and didn’t they get sued? I see a bunch of complaints of incorrect estimates and people getting bad offers because of them
Zillow has the potential to take a skim off the entire real estate market, Redfin is just another real estate agency with a cool website, from a business model perspective.
Redfin become public in July 2017
Still why Zillow market cap is 6x that of Redfin?
Zillow and Redfin's business are very different. Zillow is an ad business with 40% margin, Redfin is a broker. Also ZillowGroup is a combination of Zillow, Trulia, hotpads and bunch of other companies formed through vatious mergers and acqusitions.