957,192
WEAK agents would consider this good news!
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Kathleen Daniels, Prob...
San Jose, CA
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John Juarez
Fremont, CA
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Annette Lawrence , Pal...
Palm Harbor, FL
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Katina Hargrove 352-55...
Eustis, FL
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
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Hella M. Rothwell, Bro...
Carmel by the Sea, CA
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Bob "RealMan" Timm
Minot, ND
3,176,566
Are they buying so many homes that it's REALLY a problem for the industry?
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John Juarez
Fremont, CA
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Annette Lawrence , Pal...
Palm Harbor, FL
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Debe Maxwell, CRS
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
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Jerrill Ewing
Eatonton, GA
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Candice A. Donofrio
Fort Mohave, AZ
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Bob "RealMan" Timm
Minot, ND
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Ron and Alexandra Seigel
Carpinteria, CA
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Lyn Sims
Schaumburg, IL
1,326,624
I think they have stopped buying homes because they know they will have a hard time selling them in this market and they are worried that prices will be heading south on their inventory of unsold homes.
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Pete Xavier
Pacific Palisades, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Annette Lawrence , Pal...
Palm Harbor, FL
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Joan Cox
Denver, CO
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Katina Hargrove 352-55...
Eustis, FL
-
Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Wanda Kubat-Nerdin - W...
St. George, UT
2,403,144
Looks like a GREAT blessing to me for agents who go head to head with Zillow. Lucky for me I never had to contend with Zillow when I was active Les Cab .
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Kathleen Daniels, Prob...
San Jose, CA
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John Juarez
Fremont, CA
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Annette Lawrence , Pal...
Palm Harbor, FL
-
Katina Hargrove 352-55...
Eustis, FL
-
Debe Maxwell, CRS
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
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Joan Cox
Denver, CO
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Pete Xavier
Pacific Palisades, CA
6,425,924
They did get into the acquisition game during the wrong end of the market cycle.
A pause would be wise.
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Kathleen Daniels, Prob...
San Jose, CA
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John Juarez
Fremont, CA
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Annette Lawrence , Pal...
Palm Harbor, FL
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Bob "RealMan" Timm
Minot, ND
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Pete Xavier
Pacific Palisades, CA
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
3,142,081
They are not my competitor as of yet. I have all the local answers and they clearly, do not!
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Kathleen Daniels, Prob...
San Jose, CA
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John Juarez
Fremont, CA
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Annette Lawrence , Pal...
Palm Harbor, FL
-
Katina Hargrove 352-55...
Eustis, FL
-
Debe Maxwell, CRS
Charlotte, NC
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Pete Xavier
Pacific Palisades, CA
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Bob "RealMan" Timm
Minot, ND
381,757
not for the people who they were going to buy their house
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John Juarez
Fremont, CA
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Annette Lawrence , Pal...
Palm Harbor, FL
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Wanda Kubat-Nerdin - W...
St. George, UT
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Jerrill Ewing
Eatonton, GA
5,773,367
Lee,
Zillow has never been a treat for those who market well...They are a non-issue! A
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John Juarez
Fremont, CA
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Annette Lawrence , Pal...
Palm Harbor, FL
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Debe Maxwell, CRS
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
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Pete Xavier
Pacific Palisades, CA
921,504
This is a convenient time for Zdevil to hit pause. Are not we all paused? It can be interpreted as responsive to GOV'T directives or 'losing to much money on each house sold and gotta regroup.'
However, I do not believe the exorcism to be complete. They'll be back.
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Pete Xavier
Pacific Palisades, CA
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Kathleen Daniels, Prob...
San Jose, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
420,003
The 100 houses in Canyon Lake that they discounted will now be up for fire sale as they dump them - 1960 houses now will get deep discount. Who in Georgia or Arizona is near some? Z is only in conforming deals under $410000. This hits working America hard. Slash and short their stock
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Kathleen Daniels, Prob...
San Jose, CA
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Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
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Les Cab
Winter Garden, FL
5,258,966
I think Sharkfin began the trend for the iBuyers to cease their business models. I'm not surprised to hear that Z followed suit.
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Kathleen Daniels, Prob...
San Jose, CA
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Annette Lawrence , Pal...
Palm Harbor, FL
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Joan Cox
Denver, CO
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Bob "RealMan" Timm
Minot, ND
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Pete Xavier
Pacific Palisades, CA
1,555,089
Happy if it hurts Zillow. I doubt they were much of a dent in CA though to begin with.
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Annette Lawrence , Pal...
Palm Harbor, FL
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Wanda Kubat-Nerdin - W...
St. George, UT
766,969
It depends, were they using a Realtor? It might hurt sellers which could hurt agents.
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Annette Lawrence , Pal...
Palm Harbor, FL
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Wanda Kubat-Nerdin - W...
St. George, UT
717,185
They have had limited impact in my market, but this could be, as you say, a blessing in disguise.
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Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Wanda Kubat-Nerdin - W...
St. George, UT
3,416,038
They have not been active here in NH, but a good thing over all. I said it before they may thrive until a down turn, then dominoes fall down hill.
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Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Wanda Kubat-Nerdin - W...
St. George, UT
2,785,606
I believe they are shrinking their operations to survive & this area is one that is already covered by others...
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Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Wanda Kubat-Nerdin - W...
St. George, UT
1,847,781
Well, since they are really new at it with no actual volume in my area at least I just have to say GOOD.
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Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
1,507,073
Same with Redfin.
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Annette Lawrence , Pal...
Palm Harbor, FL
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
5,879,816
This was never a good deal here in Denver, they offered WAY below fair market value. No loss!
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Annette Lawrence , Pal...
Palm Harbor, FL
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
3,350,764
Blessings are all around us and come in many forms.
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Pete Xavier
Pacific Palisades, CA
341,400
iBuying is not a thing in my market so I don't have any first hand experience. That said, I could see this as a temporary thing while they gauge the market, regulatory concerns, or both. I suspect there will need to be some changes made to these programs so they aren't manipulating markets (which is not likely only a possible issue in a few markets)- but as these businesses scale up, they will be targeted for greater regulatory review.
1,242,204