Investors get nervous every time a certain Seattle-based e-commerce giant eyes a new market and this time Zillow is the victim of Wall Street’s Amazon anxiety.
A new placeholder web page on Amazon that says “Hire a Realtor” with an option to enter your zip code and “Coming Soon” below is prompting speculation that the company may be expanding into the real estate referral business — Zillow’s bread and butter.
If Amazon moves into realtor referrals, it will be competing with two of its neighbors: Zillow and Redfin. Connecting house hunters with agents is a crucial revenue source for both of the Seattle-area real estate companies.
I think I know who’ going to win this battle.
Contact me to find to set up an appointment to start your Boston condo buying process
SEARCH BOSTON CONDOS FOR SALE AND RENT
For more information please contact one of our on-call agents at 617-595-3712.