- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Replies (10)
- Vince Curtis, "SoCal Appraiser"
- Contributions:4701
Pretyy zilly...
- Pasadenan
- Contributions:21466
Great idea! I didn't know one could get a single letter ticker symbol, even for a different stock exchange!
As there can only be 26 single letter ticker symbols, this would be an "exclusive".
And I certainly couldn't come up with two or three other letters that would represent "Zillow" well.
But the real questions are: when does it become public, how much will a share cost, how many shares will be sold, how many shares total will there be (considering the existing shares of the owners on employees), and will the company be running in the black by the time the public can buy shares?
As there can only be 26 single letter ticker symbols, this would be an "exclusive".
And I certainly couldn't come up with two or three other letters that would represent "Zillow" well.
But the real questions are: when does it become public, how much will a share cost, how many shares will be sold, how many shares total will there be (considering the existing shares of the owners on employees), and will the company be running in the black by the time the public can buy shares?
- Dunes....
- Contributions:3894
Good Questions...
- Carol Namath
- Contributions:24
Does anyone know why they named the company Zillow in the first place?
- Dunes....
- Contributions:3894
According to Zillow
What's With the Name?
"The Zillow name evolved from the desire to make zillions of data points for homes accessible to everyone. And, since a home is about more than just data - it is where you lay your head to rest at night, like a pillow - "Zillow" was born."
Link
- Pasadenan
- Contributions:21466
Some people have rumored that it had something to do with Angelo Mozilo (CountryWide) though.
- Karen Seeman, "Your NJ Realtor"
- Contributions:10
What a shame to ruin a time honored tradition of allowing just any exchange the right to provide just one letter symbols. The NYSE has the most stringent admissions for a company to join its ranks. Sometimes the breaks from tradition end up making something special just commonplace.
It's a sad commentary when anyone can pretend to be something that they are not.
Listing as a NASD security shouldn't allow the pretense of being an NYSE listed security.
- Pasadenan
- Contributions:21466
If the public (anywhere in the world) can buy and sell it, why would the public care which exchange it is traded on????
Besides, who is "pretending" anything? Zillow is offering to sell stock to the public and has a 3rd party prepared to do their sales for them. So what is the big deal? It is better than all those members of NAR pretending that they are some kind of "expert" on representing people in their Real Estate transactions!
The New York Stock Exchange certainly doesn't have any "trademarks" or other protections that give them an exclusive for one letter ticker designations.
Besides, who is "pretending" anything? Zillow is offering to sell stock to the public and has a 3rd party prepared to do their sales for them. So what is the big deal? It is better than all those members of NAR pretending that they are some kind of "expert" on representing people in their Real Estate transactions!
The New York Stock Exchange certainly doesn't have any "trademarks" or other protections that give them an exclusive for one letter ticker designations.
- Karen Seeman, "Your NJ Realtor"
- Contributions:10
The public should care which Exchange it is traded on because each Exchange its rules of capitalization and amounts of shareholders. The more shareholders and capitalization you have along with some other restrictions, the more closely a company is watched for standards that the Exchange has placed. A New York Stock Exchange listed security has the most stringent standards of any of the US listed Exchanges. So pretending to have over 500 shareholders and having capitalization equivalent to its going rate should matter to the public.
If it doesn't than maybe we should all start trading penny stocks on the pink sheets and throw our money away on snake oil.....little regulation, little volume.....the name of the game is liquidity and value.
If it doesn't than maybe we should all start trading penny stocks on the pink sheets and throw our money away on snake oil.....little regulation, little volume.....the name of the game is liquidity and value.
- Wes Black
- Contributions:509
Can't wait to see how stock trades with Zestimate controversy.
Zillow With a Z Will Break NYSE’s Grip on Single-Letter Tickers
"Zillow Inc. wants to end the New York Stock Exchange's monopoly on companies trading under a single letter.
Zillow, a real-estate website that filed last month to raise as much as $51.8 million by going public, disclosed this week that it applied for a Nasdaq Stock Market listing under the ticker Z. Assuming the application is approved, Zillow would be the first Nasdaq stock with a one-letter symbol"
Link
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.