Home-value estimator Zillow expands service that puts money where its mouth is

The company this year will start making cash offers to buy homes in 8 more cities, including Miami, Nashville, Orlando and Portland

National /
Jan.January 27, 2019 02:00 PM

(Credit: Zillow, Pixabay)

Within a year, home owners in Miami and seven other U.S. cities will be able to request no-obligation cash offers for their homes from real estate database company Zillow.

Seattle-based Zillow Group will introduce its Zillow Offers service in Miami, Minneapolis-Saint Paul, Nashville, Orlando and Portland by the fall.

This year, Zillow also plans to introduce the service in Dallas, Houston and Riverside County in California.

Zillow Offers allows a home owner to sell his or her home directly to Zillow, which then prepares the property for showings and lists it for sale. Zillow pays a commission to local real estate agents when it buys and sells each home.

The Zillow Offers service helps home owners to synchronize the sale of a home and the purchase of a new one. Research by Zillow shows that 61 percent of home sellers also are buying.

The company launched Zillow Offers last year in Phoenix, then introduced the service in Atlanta, Charlotte, Denver, Las Vegas and Raleigh. – Mike Seemuth

 

Related Articles

arrow_forward_ios
Rentyl Resorts' Nick Falcone (Rentyl Resorts)
5 minutes with hospitality investor Nick Falcone
5 minutes with hospitality investor Nick Falcone
Terra's David Martin and AB Asset Management's Getzy Fellig with rendering of Residences in the Grove (Terra Group, LinkedIn, Getty)
Terra, AB Asset plan 174 apartments in Coconut Grove
Terra, AB Asset plan 174 apartments in Coconut Grove
From left: Belong co-founders Tyler Infelise, Ale Resnik, and Owen Savir (Belong, Getty Images, Google Maps)
Lease roundup: Rentals manager Belong moves HQ to Brickell
Lease roundup: Rentals manager Belong moves HQ to Brickell
Joe Azar with rendering of Clara Bay Harbor and Chetrit Group’s project in the Miami River district (LinkedIn, Clara Homes, Getty images)
Compass agent Joe Azar jumps to Elliman
Compass agent Joe Azar jumps to Elliman
MG Developer's Alirio Torrealba with 3191 Southwest 39th Avenue and 3160 Southwest 38th Court (LinkedIn, Google Maps)
MG completes Miami apartments dev site assemblage
MG completes Miami apartments dev site assemblage
Ken Griffin (Illustration by The Real Deal with Getty)
Inside Griffin’s billion-dollar South Florida property play
Inside Griffin’s billion-dollar South Florida property play
Lissette Calderon with 2301 Northwest 33rd Avenue
Calderon pays $32M for dev site near Beckham soccer stadium
Calderon pays $32M for dev site near Beckham soccer stadium
Pan Am Equities President and CEO Scott Solomon and Rail 71 at 7205 Northeast Fourth Avenue (DWN TWN Realty Advisors, LinkedIn)
Pan Am Equities lists Little River business park for $39M
Pan Am Equities lists Little River business park for $39M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...