Zillow Group, Inc. (NASDAQ:Z) Bernstein forty first Annual Strategic Selections Convention Might 29, 2025 1:30 PM ET
Firm Individuals
Jeremy Wacksman – CEO
Convention Name Individuals
Nikhil Devnani – Bernstein
Nikhil Devnani
Right here we go. Good afternoon, everyone. Thanks a lot for becoming a member of. My title is Nikhil Devnani, I cowl Mid-Cap Web right here at Bernstein and it is my pleasure at the moment to have Jeremy Wacksman, CEO of Zillow Group on stage with us. So thanks Jeremy, and welcome to the SEC.
Jeremy Wacksman
Yeah. Thanks for having me. Good to see everyone.
Nikhil Devnani
Zillow is the main housing portal within the nation and more and more in current intervals has been constructing a broader and extra holistic ecosystem across the housing transaction, which we’ll get into in depth on this dialog. In case you’ve purchased a house within the US or should you ever been inquisitive about how a lot your neighbor’s house is price, you have most likely discovered your self on Zillow at varied factors.
Earlier than we get began, I simply needed to remind everyone, please use the QR code, the pigeonhole QR code if you would like to submit any questions and please seek advice from the Zillow investor relations web site for any associated disclosures on forward-looking commentary.
Jeremy, there’s clearly a number of unknowns on the macro facet of issues with housing and we’ll come again to that. However earlier than we discuss macro, I might love to speak extra about what Zillow is doing and what you clearly have management over in your finish. You have been capable of develop in a reasonably tepid housing market, you set up about 15% income development final 12 months. You are speaking about low to mid-teens income development this 12 months, and partially that is attributable to all the pieces you are doing round this housing tremendous app ecosystem, as you name it. So, for these much less conversant in your journey thus far, can