How do real estate listing sites make their money?

In this video, we explore how popular real estate listing websites like Zillow, Redfin, Trulia and Compass make their money. We take a look at the different services they offer and how they generate revenue. Why is this important to you in your real estate transactions? Find out here!
----------------------------------------------------------------------------------------
If you have any questions or need any help from a real estate professional, click here to schedule a call bit.ly/3rTCOXw or email [e-mail]
The Ben Lalez Team is one of the fastest-growing real estate teams in Chicago, don't hesitate to reach out if you need help buying, selling, or renting in the city or the surrounding suburbs.
Check out more at www.benlalez.com/
Follow Us on Social Media: Instagram: / thebenlalezteam Facebook: / benlalezrealestate
Linkedin: / ben-lalez-1226924a
Tiktok: / realestatechicago
#compass #realestate #chicago #chicagorealestate #buyer #seller #realtor #realestatemarket #thebenlalezteam #agent #tips #learnit #realestatequestions #Investment #properties

[@missulu]

We use banner ads and only charge for RE ads when users go beyond the '2 free RE ads every 48hrs'. Technically speaking if you list only 2 properties in a 48 hour time period and never click on a banner, we don't make a penny. Even if you do list more, our prices are VERY cheap. We don't use cookies, and we're just getting started. Be safe online!

[@LPT.Agents]

Thanks Ben for showing buyers how real estate listing sites make money.
00:00 🏡 Real estate listing sites like Zillow, Redfin, Trulia, and Compass make money through broker adoption and selling real estate.
00:49 🏡 Real estate listing sites make money by aggregating data and providing a user-friendly platform for home buyers and sellers to compare properties and make informed decisions.
01:50 💰 Real estate listing sites make money by focusing on user experience and interface, similar to dating websites like e-harmony.
02:29 💰 Real estate listing sites make money by selling user information to agents and charging them to advertise their listings.
04:14 💰 Redfin makes money by earning commissions from real estate transactions through their in-house agents, while Zillow sells leads to external agents.
05:23 🏡 Zillow and Trulia, owned by the same company, dominate online property traffic, with Redfin, and most buyers and sellers use these sites before engaging an agent.
06:24 🏠 Real estate listing sites like Compass, Zillow, and Trulia make money solely from real estate transactions.
07:33 💰 Real estate listing sites make money through various methods, including advertising and user experience, to draw in users and generate revenue.

[@Avin_333]

Thanks for informative video!

[@thegreatislam8012]

Very informative video.

[@mohammedmaseeullah]

Pls reduce music behind the video

[@thejohncleese]

Interesting!

[@ezedienseid9477]

i was a beginner but it help me a lot on my skill thanks a lot

[@hopeemmarx]

How much would u pay for one lead?

[@rarecollections.m64]

Should one have "realtor agency license" for these types of listing website?

[@YaronRosen]

How redfin can know when transaction is being made?

[@reggiepotts3437]

Zillow SUCKS