In A Down Real Estate Market, Trulia Scratches At Profitability
October 12, 2010 at 12:16 PM EDT
The real estate bust is still dragging down the economy, but some startups are making the best of a bad situation. Real estate search engine Trulia , is still growing by zeroing in on subscription services for real estate agents. CEO Peter Flint tells me the company edged into profitability two months ago—six years after the company was founded. He won't give specific numbers, but says that revenues are doubling from a year ago and almost half comes from real estate agents who pay for Trulia Local Ads and the premium Trulia Pro service to help market their listings.