Zillow could miss Q4 revenue estimate, says Benchmark Co. Benchmark Co. believes Zillow could miss its Q4 revenue estimate of $56M, which is slightly above the $55.5M consensus, due to moderating traffic trends. The firm notes Zillow's year-over-year traffic growth has slowed substantially since peaking in August at 75%. Benchmark Co. thinks the company's margins could surprise to the upside and keeps a Buy rating on the stock with a $105 price target.
Zillow and RE/MAX Holdings expand collaboration Zillow (Z) has renewed its agreement with RE/MAX (RMAX). The newly expanded agreement features a first-of-its-kind integration of two of the Zillow Tech Connect programs, Leads and Reviews. Now, RE/MAX agents will be able to receive Zillow Group leads through their customer relationship management program and will be able to feature their reviews from Zillow on their personal agent websites. In addition, agents will have extended RE/MAX branding with attribution on all listings across Zillow and Trulia and agents will be clearly labeled as the listing agents on the buyers' agent list on their listings.