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Zillow Gone Wild, Compass Files For IPO, & A $350M Home Makes Its Debut

AGENT 1

If you frequently and endlessly scroll through Instagram šŸ“ø *and* you love šŸ˜» anything having to do with houses, you may have already come across the Instagram account known as Zillow Gone Wild šŸ¤Ŗā€”although the account was created only two weeks šŸ“… ago, it has since amassed over 440,000 followers. If you're not already following, you're in for a treat šŸ¬.


Compass has filed confidentially šŸ¤ to go public šŸ“ˆ. The residential brokerage, which has raised $1.5 billion šŸ’µ from investors including SoftBank šŸ¦, said it submitted a draft registration statement šŸ“‘ with the U.S. šŸ‡ŗšŸ‡ø Securities and Exchange Commission on Monday.


After nearly a decade of design šŸ§‘ā€šŸŽØ and development šŸ— work, what is being billed as ā€œthe worldā€™s most expensive homeā€ is finally ready for its close-up. Set on a five-acre parcel in the posh Los Angeles šŸŒ“ enclave of Bel Airā€”and aptly named The Oneā€”the 105,000-square-foot propertyā€™s interiors have remained a closely guarded secret šŸ˜¶. Until now. AD has been an exclusive look šŸ‘€ at whatā€™s inside this record-setting šŸ„‡ propertyā€”and the design and aesthetic minds šŸ§  that made it happen.


Starting from scratch šŸ“ in a new industry means earning everythingā€”from opportunities, to meetings with investors šŸ¤‘, to your clientsā€™ trust. When youā€™re in an industry thatā€™s especially traditional, like law āš–ļø , accounting šŸ§®, or real estate šŸ , for example, it can be even more challenging šŸ˜© to land those first few clients. Youā€™re not only competing with other professionalsā€”youā€™re also pushing your way šŸ˜¤ into your areaā€™s entrenched hierarchy šŸ™…ā€ā™€ļø, whether youā€™re in a small town in the Midwest or a city like LA or Chicago.



When Opendoor, Zillow Offers and other ā€œiBuyersā€ popped up šŸ†™ around the country šŸ—ŗ a few years ago, they hoped to upend šŸ™ƒ the traditional homebuying process by doing for real estate what Amazon did for online shopping šŸ›’ by using technology šŸ¤– to eliminate āŒ all the hassles and uncertainties šŸ¤·ā€ā™‚ļø of buying and selling a house. That included offering sellers ā€œinstantā€ ā³ online offers on properties the companies would later resell.


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