Principal Portfolio Manager, For Sale

About the teamZillow’s mission is to “give people the power to unlock life’s next chapter.” The For Sale portfolio sits at the heart of that mission, encompassing Zillow’s core buyer, seller, and financing businesses.
This role sits within Product Development Operations and provides portfolio-level leadership across Zillow’s For Sale ecosystem, including Zillow Preferred Agent, Zillow Home Loans, Seller, Closing, and Insurance. Given the scale, complexity, and number of teams involved, the For Sale portfolio requires dedicated ownership to ensure investments move together as one cohesive system rather than in silos.

About the role

The Principal Portfolio Manager, For Sale is accountable for portfolio-level prioritization, coherence, and decision support across Zillow’s For Sale ecosystem.

This role ensures Zillow’s For Sale portfolio operates as one integrated system, seeing horizontally across teams and investments to connect the dots, surface gaps, and support clear strategic decisions that enable a truly integrated home buying, selling, and financing experience for movers.

As the portfolio leader in For Sale, this role translates company strategy and investment intent into a clear portfolio narrative, including portfolio level outcome framing and initiative OKRs to ensure capacity, funding, and sequencing are aligned across the business, at all times. The focus is on doing the right work, not on managing delivery. Program Managers and functional leaders own execution; this role ensures their work remains aligned to portfolio direction, intended outcomes, and customer value.

The role partners closely with Rhythm of the Business (RoB) to align For Sale portfolio priorities with company-level planning, operating rhythms, and content-related coordination. Given that RoB operates at the company level, this role provides the dedicated, deep focus required to manage the complexity of the For Sale portfolio specifically.

This role does not set product strategy or investment direction; it ensures strategy is translated into a coherent, prioritized, and decision-ready portfolio view.

You Will Get To

• Own the For Sale product and technology portfolio view, ensuring alignment to company strategy, customer outcomes, and business priorities.

• Support and maintain a clear For Sale portfolio 3 year outlook, reflecting agreed strategy, sequencing, and trade-offs across multiple business lines and teams.

• Provide horizontal visibility across the For Sale ecosystem by identifying cross-team dependencies, overlaps, gaps, and risks that impact strategic outcomes.

• Support prioritization and decision-making by partnering with Product, Design, Engineering, Business, and Finance leaders to evaluate trade-offs and investment choices.

• Translate portfolio intent into clarity for execution by partnering with Program Managers and delivery leaders who own timelines, milestones, and delivery plans.

• Partner closely with Rhythm of the Business (RoB) to ensure For Sale portfolio planning aligns with company-level planning, metrics, and communication rhythms.

• Enable executive decision-making by synthesizing portfolio health, progress toward outcomes, and emerging risks into clear, actionable narratives.

• Continuously improve portfolio practices, tools, and artifacts to increase clarity, alignment, and value realization across the For Sale ecosystem.

This role has been categorized as a Remote position. “Remote” employees do not have a permanent corporate office workplace and, instead, work from a physical location of their choice, which must be identified to the Company. U.S. employees may live in any of the 50 United States, with limited exceptions.

In California, Connecticut, Maryland, Massachusetts, New Jersey, New York, Washington state, and Washington DC the standard base pay range for this role is $178,300.00 - $284,700.00 annually. This base pay range is specific to these locations and may not be applicable to other locations. In Colorado, Hawaii, Illinois, Minnesota, Nevada, Ohio, Rhode Island, and Vermont the standard base pay range for this role is $169,300.00 - $270,500.00 annually. The base pay range is specific to these locations and may not be applicable to other locations.

In addition to a competitive base salary this position is also eligible for equity awards based on factors such as experience, performance and location. Actual amounts will vary depending on experience, performance and location. Employees in this role will not be paid below the salary threshold for exempt employees in the state where they reside.

Who you are

• 10+ years of experience in portfolio management, product operations, product strategy, or equivalent roles, with demonstrated ownership of large, multi-team horizontal product ecosystems.

• Proven ability to operate at a portfolio altitude, connecting strategy, investment decisions, and long-range planning to execution outcomes through others.

• Strong fluency across product, design, engineering, and business, with the ability to understand how decisions in one area impact the broader system.

• Exceptional systems thinker who naturally sees connections, dependencies, and trade-offs across teams and platforms.

• Highly effective at influencing without authority in complex, matrixed organizations.

• Experience supporting prioritization, sequencing, and investment decisions in partnership with senior leaders.

• Strong communication and storytelling skills, able to synthesize complexity into narratives executives can act on.

• Comfortable operating in ambiguity and shaping clarity where none exists.

• Proven track record of leading change and driving alignment across diverse stakeholder groups.

Get to know us

At Zillow, we’re reimagining how people move—through the real estate market and through their careers. As the most-visited real estate platform in the U.S., we help customers navigate buying, selling, financing and renting with greater ease and confidence. Whether you're working in tech, sales, operations, or design, you’ll be part of a company that's reshaping an industry and helping more people make home a reality.

Zillow is honored to be recognized among the best workplaces in the country. Zillow was named one of FORTUNE 100 Best Companies to Work For® in 2025, and included on the PEOPLE Companies That Care® 2025 list, reflecting our commitment to creating an innovative, inclusive, and engaging culture where employees are empowered to grow.

No matter where you sit in the organization, your work will help drive innovation, support our customers, and move the industry—and your career—forward, together.

Zillow Group is an equal opportunity employer committed to fostering an inclusive, innovative environment with the best employees. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please contact your recruiter directly.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable state and local law.

Los Angeles County applicants: Job duties for this position include: work safely and cooperatively with other employees, supervisors, and staff; adhere to standards of excellence despite stressful conditions; communicate effectively and respectfully with employees, supervisors, and staff to ensure exceptional customer service; and follow all federal, state, and local laws and Company policies. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness and professionalism, and safeguard business operations and the Company’s reputation. Pursuant to the Los Angeles County Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.