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Good News For Sellers: Zillow Is Buying Homes, Offering Fast Cash 29/6/2018

Here’s good news for sellers: Zillow (NASDAQ:Z) (NASDAQ:ZG) is now buying homes directly from sellers in Las Vegas and Phoenix, offering fast cash. The Zillow Group, Inc. recently announced it is stepping up the Zillow Instant Offers test program from the Las Vegas and Orlando markets into Phoenix. In the original pilot program, which Zillow rolled out last May, its buyers were direct Zillow investors buying these Zillow Instant Offers homes, then reselling at a premium.To get more buying homes, you can visit shine news official website.

Listen to Jeremy Wacksman, Zillow Chief Marketing Officer: “When Zillow started testing Zillow Instant Offers last summer we saw it as a way to help sellers who were struggling. They needed to consider options and alternatives by making a quick clean cash sale where they control the timing and the terms. Zillow buying directly from sellers offers additional opportunities for both Zillow and sellers.”Interested sellers receive a cash offer from Zillow, usually within 48 hours. That price is then confirmed a few days later when Zillow has a home assessor and home inspector physically inspect the property. In addition to the Zillow offer, the seller receives a Comparative Market Analysis (CMA) from a licensed agent at a traditional real estate brokerage firm on their home’s current market value.

“This offers total transparency to sellers who can review Zillow’s cash offer and compare directly to the valuation the agent provides. The seller can move forward with Zillow, the agent or do nothing right now. The decision rests with the seller,” Wacksman explains
Sellers who are interested in the Zillow Instant Offers program are asked to provide a variety of data on their homes and upload interior/exterior photos to Zillow prior to receiving an offer. Information Zillow requests from sellers include the home’s address, basic home details including the year built and square footage. They are asked to answer a few questions about updates or upgrades to the home, as well as other information pertinent to the home’s value.

Need a quick 21-day escrow, Zillow will accommodate. Need to lease-back for a few weeks if you are buying another house and can’t close simultaneously, sell to Zillow. Have a hot job offer in Boston and must sell your home in Las Vegas or Phoenix, look to Zillow. Zillow sellers don’t have to put up with the inconvenience of showings, open houses and sticky closing dates.

For the real estate brokerage piece of this program, Zillow has partnered with: West USA (Phoenix), Berkshire Hathaway HomeServices Arizona & Nevada Properties (Phoenix and Las Vegas), and Coldwell Banker Premier Realty (Las Vegas).

Bob Hamrick, CEO of Coldwell Banker Premier Realty in Las Vegas couldn’t be happier. “As a company we figure how to capitalize from every type of industry disruption. This partnership with Zillow allows our agents to remain in the sales equation. It is a tremendous solid lead generator for our leading listing agents who the seller may decide to go with for the chance to get a higher price for their home when sold through an agent.

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