Home sellers in Las Vegas and Orlando are getting a chance to try out a new development from Zillow, called Instant Offers
Home sellers in Las Vegas and Orlando are getting a chance to try out a new development from Zillow, called Instant Offers.
The real estate firm will trial the new service which enables sellers to get offers from investors and a comparative market analysis (CMA) from a local real estate agent, as an estimate for what the home might fetch on the open market.
If the seller decides to accept an offer Zillow will connect them to a local real estate agent to complete the transaction.
“Across many industries, we’re seeing a rise of technology assisted transactions, and many consumers desire this type of innovation in real estate,” said Jeremy Wacksman, Zillow Group chief marketing officer.
“We want to provide options for convenience, while providing home sellers with useful information to help them make an informed financial decision. That’s why we provide them with any offers submitted by investors, as well as an estimate from a real estate agent who can help them better understand what that home may sell for on the open market.”
Zillow is working with several real estate agents and select investors in the two test-markets.
The real estate firm will trial the new service which enables sellers to get offers from investors and a comparative market analysis (CMA) from a local real estate agent, as an estimate for what the home might fetch on the open market.
If the seller decides to accept an offer Zillow will connect them to a local real estate agent to complete the transaction.
“Across many industries, we’re seeing a rise of technology assisted transactions, and many consumers desire this type of innovation in real estate,” said Jeremy Wacksman, Zillow Group chief marketing officer.
“We want to provide options for convenience, while providing home sellers with useful information to help them make an informed financial decision. That’s why we provide them with any offers submitted by investors, as well as an estimate from a real estate agent who can help them better understand what that home may sell for on the open market.”
Zillow is working with several real estate agents and select investors in the two test-markets.
