Realtor.com and Zillow (NASDAQ:Z, ZG) have announced a new agreement for Zillow to be the exclusive provider of multifamily rental listings on Realtor.com.
According to the companies, multifamily rental listings with 25 or more units advertised on Zillow will also be displayed on Realtor.com. Renters using the Realtor.com website can also make use of Zillow’s 3D Home tours, interactive floor plans and walkthrough videos.
Zillow will begin syndicating multifamily rental listings to Realtor.com later this spring.
“Consumers will have access to an enhanced rental experience while property management companies and landlords will be able to tap into a market-leading combined audience across both the Realtor.com and Zillow platforms,” said Damian Eales, CEO of Realtor.com. “On average, 70 million people each month turn to Realtor.com® to find their next place to live, and we remain committed to delivering the best possible experience for renters, buyers and sellers at every stage of their real estate journey.”
“Extending Zillow’s multifamily rental listings to Realtor.com’s platform will boost these properties’ visibility, helping our partners reach even more renters and propel their business forward,” said Zillow co-founder and CEO Rich Barton. “We’re committed to delivering a superior experience for consumers and helping more and more people get home.”
