Congrats to Zillow's Spencer Rascoff

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Real Estate Agent with HER Realtors

Zillow Map Congratulations are in order for Spencer Rascoff  the new CEO of Zillow.com.

Rich Barton is "stepping up" to chairman and farmer COO Rascoff is stepping up to CEO.

According to VentureBeat  Does Zillow CEO’s exit mean the IPO’s off? 

"The company has announced that COO Spencer Rascoff is replacing Barton as CEO. Zillow, of course, is trying to cast this as a smooth transition. Rascoff, formerly Zillow’s chief financial officer and head of marketing, has been running much of the company’s operations. And Barton is remaining as chairman, a classic move that Silicon Valley spinmasters like to call “stepping up,” not “stepping down.”

According to the VentureBeat article that fact that Barton is no longer COO may signal that an IPO is not going to happen but that Zillow is for sale? 

The VentureBeat article says Zillow is profitable.   Zillow started in 2005 or 2006?  Zestimates were the first thing they offered, to consumers. Next they've become a listing site... 

Congrats Spencer!


"Zillow to buy ActiveRain"

Appraisal Institute says Zestimates suck..   

Zillow Announces Rental Listings!

Real Living HER Loves Z? Loves Z Not?

Zillow the company many Realtors love to hate  


 

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Thank you Maureen!

September 14, 2010 04:54 PM #1
Rainmaker
1,032,642
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Maureen, I enjoyed going back in time with your link to' Zillow to buy AR' . Keep this up and he will buy AR:))

September 14, 2010 06:20 PM #2
Ambassador
1,328,942
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Selling Daytona paradise for heavenly good prices

Maureen,

These moves for many (and for me) are pretty much behind the scenes. Interesting to read about. Not sure this signals a serious change, not sure it is needed.

Start catching myself that I can't even often form and opinion...

September 14, 2010 08:02 PM #3
Rainmaker
1,391,363
Maureen McCabe
HER Realtors - Columbus, OH
Columbus Ohio Real Estate

Endre Zillow buying ActiveRain was Joe Ferrara.  I miss him. He was not really a fan of ActiveRain or Zillow.... 

Jon Drew left Zillow. David left Zillow.  Cha cha changes.  The IPO being linked to Barton vs. selling linked to Spencer is interesting but way over my head.

September 15, 2010 07:00 AM #4
Rainer
80,438
Brandon DeVere
The Force Realty - Kirkland, WA

Congrats on the changes. Good luck spencer.

January 02, 2011 06:26 PM #5
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Maureen McCabe

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