Zillow Alternative: Your New Best Friend

Zillow quits flipping and goes back to selling seller leads to Agents.

Okay ‘Z’, thanks for making a case for why the industry need Agents.

There is a whole industry built around intervening between the consumers and us real estate agents.

Why do they need a 3rd party to find an Agent?

I almost feel bad for the 2,000 people of the company that they just laid off

It was great for home sellers while it lasted though. Chuckles.

They tried to do all this without the proper infrastructure in place

You can’t just buy 7000 houses and not have anyone to make them ready to put back on the market…

Part of me thinks they are going to be offloading these properties to hedge funds.

They take the loss in write-offs, then hedge funds take the homes and turn them into rentals and decrease the inventory on market.

Prices will go up to make it difficult again for the first time home buyers.

But enough of the ‘Z’ word.

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