Jeremy Wacksman

You're getting pre-approved in the app.

You're closing the app.

You're signing the app.

and you feel that it's more digital.

And it actually does work the way the rest of the apps on your phone work.

It does feel more like a one-stop shop.

Thanks.

Yeah, thanks for having me.

Q3 was a great one for Zillow.

As you said, revenue up 16% year over year, and the growth was really across the board.

Our for sale revenue, which is mortgages and agent revenue, up 10%, and our rentals market

place our rentals revenue up 41%.

And what's driving that outperformance against a housing market that's up mid-single digits is this integrated transaction strategy, building software for buyers, sellers, and renters to use Zillow more and connect with professionals and get more transactions done with our software and our partners.

That's coming to life in more places.

So that's what's driving the revenue growth in for sale.

That's what's driving the revenue growth in rentals.

And that's what's driving a great Q3 for us.

We expect that to be a bigger business for us over time.

80% of all buyers need a mortgage and those buyers are shopping on Zillow.

They're using Zillow to find their agent, to find the home of their dreams, and they want a one-stop shop.