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Zillow earns profit, no thanks to iBuying

Housing Wire

Zillow CEO Rich Barton. Zillow makes money through agents advertising on its website. Add it up and the Seattle listings-and-iBuying giant on Wednesday reported $9.6 By contrast, Zillow posted $52 million in net income for the first quarter, and $1.2 Zillow sold 2,086 homes through Zillow Offers in the second quarter.