Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Zillow’s iBuying Business Grows but is Not Yet Profitable
ShareTweet
Home
Fintech
Zillow’s iBuying Business Grows but is Not Yet Profitable

Zillow’s iBuying Business Grows but is Not Yet Profitable

Emily Donato·
FintechNews RoundupUSA
·Feb. 21, 2020·1 min read

Zillow Group saw their revenue double to $2.7bn in 2019, this was due in large part to their ibuying business; on average the company lost $5,000 per house due to account holding costs, selling costs and interest expenses; ibuying has become one of the hottest trends in the real estate space with a host of companies offering the services along with investors pouring in more than $1bn; doing so at a profit has been elusive as margins on house flipping tend to be low; Zillow hopes their overall offering which now includes title, escrow and mortgages will increase margins for its Homes business; “We expect to improve the overall margin percentage of Homes on an annual basis,” Allen Parker, Zillow’s CFO, said on a fourth-quarter earnings call on Wednesday according to Business Insider. Business Insider

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

    View all posts
Tags
digital real estateiBuyingZillow
Related

Awards Re-Launch: Nominations for the 4th Annual LendIt Fintech Industry Awards Open Until August 14th

Rocket Companies Files for IPO on NYSE

Non-Bank Mortgage Lenders Face Risky Future

Webinar Next Week: How to Accelerate Mortgage Relief and Refinance Volume for Borrowers

Popular Posts

Today:

  • FNThe Bank Charter Gold Rush: What’s Really Happening and What it Means for Banking Feb. 12, 2026
  • FNOura’s CEO Tom Hale on Democratizing Health with AI and Data Mar. 12, 2026
  • Jennifer Lassiter, Standard CharteredScribe CEO Jennifer Smith on what happens when AI joins your team Feb. 26, 2026
  • Aidan CorbettWayflyer’s $5B Bet on Small Business Lending May. 1, 2025
  • imageAbacum’s CEO: The Future of Finance Looks Like Product Mar. 5, 2026
  • Lin Qiao HDOPINION: Renting Intelligence is a Losing Game; Successful Enterprises Will Own It Jan. 22, 2026
  • Fintech 3.0Fintech 3.0 Runs on Stablecoins: Norwest VP Jordan Leites Shares Fintech’s Next Infrastructure Gains Jan. 15, 2026
  • 5 Founders Driving Humanoid AIThe Humanoid Era: 5 Leaders Defining Physical AI Sep. 10, 2025
  • Renata CaineGreen Dot’s GM of Embedded Finance on Banking Transparency Oct. 28, 2025
  • Copy of Fintech Nexus – Newsletter CreativeWhy PDF Table Extraction Fails in Production—and What Banks Need to Do About It Feb. 5, 2026

This month:

  • FNThe Bank Charter Gold Rush: What’s Really Happening and What it Means for Banking Feb. 12, 2026
  • Santiago SuarezInside Addi’s mission to build a fairer financial system in Colombia Feb. 19, 2026
  • Jennifer Lassiter, Standard CharteredScribe CEO Jennifer Smith on what happens when AI joins your team Feb. 26, 2026
  • Copy of Fintech Nexus – Newsletter Creative (1)Unpacking PayPal’s Missed Moment: 7 Takeaways Feb. 5, 2026
  • The Unintended Consequences of the BaaS CrackdownThe Unintended Consequences of the BaaS Crackdown Apr. 10, 2025
  • imageAbacum’s CEO: The Future of Finance Looks Like Product Mar. 5, 2026
  • Copy of Fintech Nexus – Newsletter CreativeWhy PDF Table Extraction Fails in Production—and What Banks Need to Do About It Feb. 5, 2026
  • Chris Taylor Fractional AIFractional AI’s CEO Chris Taylor on Scaling the Unscalable Jul. 23, 2025
  • TISC Salmon Problem HD“The Salmon Problem” – Building AI For High Stakes Decision Making Jan. 22, 2026
  • Sphinx CEOFUNDED: Sphinx Raises $7.1M to Automate Compliance  Feb. 20, 2026

More News
  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2026 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results