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Licking its wounds, Zillow bets on a ‘housing super app’

Housing Wire

The ‘housing super app,’ according to investor slides filed with the Securities and Exchange Commission, will provide mortgage pre-approval, “immersive shopping,” facilitate in-person touring, and home financing. Barton also declared Zillow would be “cash flow positive” after completing the sales. Zillow CEO Rich Barton.

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iBuying bloodbath drags on as losses mount

Realty Biz

Homeonwers can request an instant offer on their home and then sell it to the iBuyer immediately if they decide to accept it. The iBuyer will then renovate the home if necessary, and then try to sell it on at a profit. As such, few buyers are willing to lose money on the sale of their home just to obtain that cash a few days faster.

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iBuyer vs. Real Estate Agent: How Do the Experiences Compare?

HomeLight

Whether you should use an iBuyer (instant buyer) vs. real estate agent to sell your home is a hot debate in some real estate circles. iBuyer vs. real estate agent summary. Selling to an iBuyer. iBuyers introduced a new way to sell a home starting in the mid-2010s. When agents and iBuyers work together.

Agents 99
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Find Cash Home Buyers in Los Angeles for a Fast, Simple Sale

HomeLight

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Buyers were liquid with cash and there are a lot of sellers going that route rather than waiting on a traditional sale.

Sales 96
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Redfin vs Zillow: Company Profiles and How They Compare

HomeLight

While both Redfin and Zillow have been around since the early 2000s and host similar types of information (such as for-sale listing details), their business models are not the same and their services vary. Hosts for-sale listings? The company doesn’t buy homes as an iBuyer, however. For-sale-by-owner (FSBO) listings.

Brokerage 102
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Opendoor says it will help buyers make cash offers

Realty Biz

Once pre-approval has been secured, Opendoor will then pair buyers with one of its affiliated real estate professionals who will review their offer before submitting it on their behalf. Opendoor will then back that offer with cash, meaning buyers can submit their offer free of financing, appraisal or home sale contingencies.

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Selling a Home at Auction: Pros, Cons, and How to Get Started

HomeLight

Once you’ve made the decision to sell your house, you likely have two main goals: to complete the sale as quickly as possible and to hit that magic number when it comes to price. Greater competition among buyers, which can lead to a sale price higher than market value. Tell me about some that have been similar to my property.