Zillow has closed on its $500 million acquisition of the home viewing scheduling platform ShowingTime, despite the deal facing opposition and intense regulatory review. Zillow first announced its plans to buy ShowingTIme in April, however the deal was held up when the Federal Trad Commission announced it was carrying out a review to ensure the
Homebuyer Traffic Cools in July, Per Data From ShowingTime
ShowingTime, the residential real estate industry’s leading showing management and market stats technology provider, found that showing activity slowed during July compared to prior months, but still remained at historic levels with 110 markets averaging more than 20 showings per listing during the first five days, per data from the ShowingTime Showing Index®, “In general, there
Zillow acquires ShowingTime for its online tour scheduling platform
Zillow is acquiring a company called ShowingTime that offers a platform for scheduling physical home tours so people can go to see a home they’re interested at a time that’s most convenient. Zillow said it’s buying ShowingTime for $500 million, and will use the company’s technology to make it easier for people to request tours