Yahoo Hands Over Real Estate Listings to Zillow.com

Yahoo Inc. (YHOO) is handing over its listings of homes for sale and local real estate advertising to Zillow.com, a real estate website.

Zillow will oversee a network that will place homes-for-sale listings and real estate advertising on both Yahoo and Zillow.com, The Associated Press reported.

Financial terms were not disclosed. Yahoo will continue to sell real estate ads bought by financial services.

Yahoo is increasingly focusing on core businesses in news, finance, entertainment, sports and email, while turning to outside companies to handle other services. Zillow's home-value estimates have been displayed on Yahoo's real estate site since 2006.
Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.