April 3 News. Zillow, the US online real estate firm, has decided to allow Chinese consumers to buy American real estate online, in partnership with Beijing's home purchase network.
Zillow in today's announcement that the home purchase network will be the agent of sales Zillow's managers, homeowners and building properties. Zillow's website will be launched in the middle of this year, and the site will be run by Zillow, a U.S. company.
Zillow's chief industry development officer, Errol Samuelson, said that the brokers and agents currently registered on the Zillow website had access to Chinese consumers and would not generate additional costs.
In an interview last week, Zillow CEO Spencer Rascoff revealed that Zillow is now seeking a breakthrough in the mobile end. For Zillow's New York sub-station streeteasy.com, it has launched a mobile-end program that includes two versions of iOS and Android.
Chinese consumers last year spent $11 billion on U.S. property, with an average of 425,000 dollars per house, Zillow's partnership with Le Habitat is intended to fully exploit the market, according to data released by Zillow.
Le Ju network China's online real estate site, belonging to the Sina group, to take O2O mode of operation. Business including E-commerce, online advertising and second-hand housing listing services, the current Le Habitat has covered more than 250 cities nationwide.