Where Real Estate Gets Its Dirt

Greg Schwartz steps down at Zillow Group.

Zillow Announces Key Leadership Changes

“Schwartz joined the company in 2007 as its first head of Sales and helped grow Premier Agent and other services to reach nearly $1.3 billion in revenue in 2018. Schwartz was named chief revenue officer in 2010, chief business officer in 2015, and became president of media and marketplaces in 2018. He leaves a highly experienced leadership team in a strong IMT segment. Zillow Group’s IMT segment beat financial expectations in the third quarter of 2019, and expanded margins through operating leverage in the first nine months of the year, driven primarily by solid performance in Premier Agent.”

What a great run. $1.3 Billion with a “B”.

Looks like Errol is getting increased responsibilities.

“Errol Samuelson, Zillow Group chief industry development officer, will assume oversight of  Zillow’s New Construction business and Display Advertising. Lucy Wohltman, vice president of New Construction and Display Advertising, will report to Samuelson.”

Zillow’s pivot is something to behold. I can’t think of anything like it before.

Sponsored By Lone Wolf