From Home Listings to Home Flipping

Zillow made its name as an online real estate database, helping homebuyers shop for houses whether they were right down the street or on the other side of the country. Recently, however, Zillow ^[1] announced it had plans to branch out beyond that core business model, announcing plans to buy, refurbish, and resell homes on its own. The news stirred much discussion in the industry, and this week Zillow Group CEO Spencer Rascoff put in an appearance on Jim Cramer's Mad Money on CNBC, where he discussed Zillow's home-flipping ^[2] plans and explained why the shift is like Netflix's move into producing original content. Watch the whole segment below.