Why Zillow's Competitive Advantage Is In Danger
With housing soaring and the pandemic forcing more activity online, the current environment has meaningfully boosted Zillow Group's (NASDAQ: ZG) (NASDAQ: Z) stock. Both the value it creates and its growing real estate ecosystem have sent revenue soaring. Despite this success, the offerings of its lower-cost competition could bring uncertainty to the real estate stock.
Let's take a closer look at the competitive advantages of Zillow and its peers to evaluate the threat.
Zillow began by pioneering a website that caters to the real estate industry. It leveraged the power of the internet to connect buyers and sellers and now proclaims itself the most-visited real estate site in the U.S.
Source Fool.com
