Touring and Market Expansion
Diversified Revenue: Majority Now from Non-Buy Side
Continued diversification of revenue base supports sustainable future growth
Residential
Buy Side':
• Pre-Pay Marketplace Auction (MBP)
• Post-Pay Success Referral Fee (Flex)
Sell Side:
• Pre-Pay Marketplace Auction (MBP)
Post-Pay Success Referral Fee (Flex)
• Subscription Fee (Listing Showcase)
Other Residential:
Paid Inclusion Marketplace
(New Construction)
• Post-Pay Success Referral Fee (StreetEasy)
Subscription Software Fees (StreetEasy,
Follow Up Boss, Showing Time+ including
dotloop)
Revenue mix is based on the second half of 2023.
1. Buy-side revenue assumes 80% of our Premier Agent revenue is related to buy-side transactions.
48%
Buy Side²
12%
Sell
Side
13%
Other
Residential
20%
Rentals
Rentals
Paid Inclusion Marketplace:
。 Multifamily Rental Managers
Single-Family Rental Managers
• Post-Pay Success Referral Fee
(Pay Per Lease)
• Rental Applications
• Rental Payments
Mortgage
• Origination Fees
• Lead-Generation Advertising
Display Advertising on Zillow
Other
5% Mortgage
2% Other
25
ZILLOW GROUPView entire presentation