Things Got Worse (Re: Zillow & Your Listings)

By
Services for Real Estate Pros with PropertyMinder, Inc.
http://actvra.in/55gQ

 

JUST IN: "...realtors are up in arms that the homeowner can complete the transaction with or without their services [thanks to Zillow's new 'Instant Offers']."

Not only will this disempower listing agents - it comes with a price tag for Zillow who is poised "to disrupt the residential real estate industry AND put over 70% of its ad revenue at risk." Read full story here.

Can you believe it?

Thankfully, there’s hope. You have the power to fight back.
Get your homesellers habitually turning to YOU, NOT Zillow, with Seller's Corner.

 

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Rainmaker
3,220,779
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Many a home owner and buyer are going to be hurt by this scheme.  I would suspect some higher power to intercede in the future to protect the home owners and buyers.

Jun 19, 2017 03:08 PM #1
Rainmaker
267,622
PropertyMinder Inc.
PropertyMinder, Inc. - San Jose, CA
Modern Tools for the Modern Agent

I agree with you, William Feela. We can only hope for the best in the future (and take decisive action to preserve what we have, in the meantime).  - Tim

Jun 19, 2017 04:24 PM #2
Rainmaker
1,348,096
Sandy Padula and Norm Padula, JD, GRI NMLS#1483386
Realty One Group - Carlsbad, CA
Presence, Persistence & Perseverance

Recent numbers on the success of this venture by Z have indicated no succesfully closed transactions as a result. Guess the public is smarter than Z to realize that investor offers don't work in a Sellers' Market

Jun 20, 2017 05:17 AM #3
Rainmaker
1,972,584
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

My understanding is that no offers have been made/accepted as yet. Not sure how long this will last.

Jun 20, 2017 05:46 AM #4
Rainmaker
267,622
PropertyMinder Inc.
PropertyMinder, Inc. - San Jose, CA
Modern Tools for the Modern Agent

Whew, thanks for the updates Sandy Padula and Norm Padula, JD, GRI NMLS#1483386 & Nina Hollander. #ThereIsHope! - Tim :) 

Jun 20, 2017 03:29 PM #5
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