Zillow Group IR Blog

Zillow Group March 2020 IR Roundup

In March, Zillow Group co-founder and CEO Rich Barton and CFO Allen Parker hosted a conference call to discuss the company’s temporary pause in home purchases and to provide a business update in light of Coronavirus. You can find a recording of that call as well as the prepared slide deck here.

Additionally, Svenja Gudell, Zillow Group’s chief economist, released an informative research brief looking into past pandemics and their effects on the economy and housing market. You can find that research here.  

See below for a roundup of other corporate announcements and media coverage for Zillow Group from the month of March. 

In Case You Missed It
Zillow Supports Premier Agent Partners With Billing Discount
Zillow Group Pauses Home Buying in Zillow Offers in Response to COVID-19 and Market Uncertainty
Information From Past Pandemics, And What We Can Learn: A Literature Review 

Zillow Group Investor Update Call – recording
Webcast recording and slide deck found here

Zillow Group in the News
Zillow Is Pausing Home Purchases. What It Means for Real Estate. [Barron’s]
New-Wave Home Flippers Halt Purchases With Market in Turmoil [Bloomberg]
Zillow suspends homebuying in all 24 Zillow Offers markets [Inman News]
Zillow and Redfin are pausing home-buying — could the coronavirus pandemic make the iBuyer model more popular? [MarketWatch]
Zillow will pause home buying because of coronavirus [CNN Business]
Zillow suspends home buying due to COVID-19 [Tech Crunch]
Zillow is covering 50% of Premier Agent costs for 1 month [Inman News]
Health crisis could accelerate digitization of homebuying, Zillow CEO Rich Barton says [Puget Sound Business Journal]
Real estate companies report spike of demand for virtual home showings [HousingWire]
Virtual, robot and solo home touring soar as social distancing hits the housing market amid coronavirus fear [CNBC]
With hand sanitizer and elbow bumps, real estate agents are still selling during pandemic [The Washington Post]
SARS and Spanish Flu: What we can learn from pandemics of the past [Inman News]
Why Zillow Can Survive Coronavirus Disruption [The Motley Fool]

Zillow Group’s monthly IR Roundups are not intended to be a comprehensive report of all of the company’s mentions by the media online, in print and on television. Zillow Group intends to use its @ZillowGroup Twitter account and Zillow Group IR Blog, in addition to its investor relations website, press releases, SEC filings and public conference calls and webcasts, as means of disclosing information about the company, its services and other matters and for complying with its disclosure obligations under Regulation FD. Zillow Group does not endorse or adopt the views expressed in third-party materials linked above.

Forward-Looking Statements
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks and uncertainties, including, without limitation, statements regarding our business outlook, market opportunities, strategic partnerships and operational plans for 2020. Statements containing words such as “may,” “believe,” “anticipate,” “expect,” “intend,” “plan,” “project,” “will,” “projections,” “continue,” “business outlook,” “forecast,” “estimate,” “outlook,” “guidance,” or similar expressions constitute forward-looking statements. Differences in Zillow Group’s actual results from those described in these forward-looking statements may result from actions taken by Zillow Group as well as from risks and uncertainties beyond Zillow Group’s control. Factors that may contribute to such differences include, but are not limited to, Zillow Group’s ability to execute on strategy; Zillow Group’s ability to maintain and effectively manage an adequate rate of growth; Zillow Group’s ability to innovate and provide products and services that are attractive to its users and advertisers; Zillow Group’s investment of resources to pursue strategies that may not prove effective; natural disasters, epidemics or pandemics, like COVID-19 that could negatively impact our business; and the impact of the real estate market and economy on Zillow Group’s business. The foregoing list of risks and uncertainties is illustrative but not exhaustive. For more information about potential factors that could affect Zillow Group’s business and financial results, please review the “Risk Factors” described in Zillow Group’s Annual Report on Form 10-K for the year ended December 31, 2019 filed with the Securities and Exchange Commission, or SEC, and in Zillow Group’s other filings with the SEC. Forward-looking statements were made based on information available as of the original publication dates and are not being affirmed or updated with this communication. Except as may be required by law, Zillow Group does not intend, and undertakes no duty, to update this information to reflect future events or circumstances.

February 2020 Real Estate Market Report Rich Barton’s Annual Shareholder Letter – April 2020