March 2017   Volume 43, Number 3      


New Report Names CEO of Zillow as Most Powerful Person in Residential Real Estate

A new list of the most powerful people in residential real estate in North America demonstrates technology’s impact on the business of buying and selling homes.

The Swanepoel Power 200 list, released by real estate consulting company T3 Sixty, named Spencer Rascoff, CEO of Seattle-based Zillow Group, as the most powerful person in residential real estate in North America. T3 Sixty is the consulting arm of San Juan Capistrano, Calif.-based Swanepoel T3 Group, a real estate information company.

Five other Zillow executives were named on the list, along with Glenn Kelman, CEO of Redfin, another Seattle-based real estate/tech company. Renwick Congdon, CEO of Bellevue-based Imprev, a tech company that provides automated marketing for real estate brokers, was also named on the list. This is the first time since the rankings have been published that a technology leader has achieved the top slot.

“Seven years into his tenure as CEO, Rascoff, 41, has Zillow Group humming on all cylinders,” states the ranking. “It operates the world’s most popular real estate site in Zillow, is building a comprehensive data management platform epitomized by the acquisition of Bridge Interactive Group, and saw the company’s market cap climb to $6.5 billion.”

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In this issue:

How Trump’s Tax Plan Will Impact Real Estate

Average Real Estate Commissions Decline to Low 5 Percent Range

Consumer Sentiment Declines in January but Remains Near 13-Year High

Foreign Real Estate Investors Still Confident About U.S. Real Estate

Mortgage Applications Decline 12 Percent to End 2016

New Report Names CEO of Zillow as Most Powerful Person in Residential Real Estate

Rising Home Values Haven’t Shaken Consumers’ Memories of the Financial Crisis

U.S. Real Estate Sales Could Be Affected by China’s Capital Controls

Trump Administration Suspends Mortgage Premium Rate Cut

Keep an Eye Out for At-Risk Senior Clients


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