Democracy in Housing
Zillow Instant Offers, are providing a technology platform where consumers who are already interested in selling their homes can receive non-binding offers from reputable institutional investors.
Zillow’s pitch to agents: We’ll facilitate direct purchase offers from our identified investors/venture capital firms/flippers to potential sellers. We’ll let our Premier Agent deliver a CMA to the same folks. So if you are a Zillow Premier Agent, you will have an opportunity to be involved.
Zillow is showcasing this platform in La Vegas and Orlando, Florida. Cash closings in 7 days. The seller can elect to use a Realtor® if they want to. What, no open houses, showings and all that other stuff. Sell and move out.
More to come.....