Zillow Offers expands to one of the largest cities for its home sales arm, L.A.

December 11, 2019
Share this Post: 

Zillow brings its house flipping program to L.A. and Orange County.

Zillow Offers debuted in Los Angeles and neighboring Orange County, the second largest housing market in the nation and the biggest yet for the real estate giant’s direct home sales program.

Zillow Offers was already available in San Diego and the Inland Empire area, so the expansion to Los Angeles means the program now blankets much of Southern California. Zillow  available in 22 markets, and Zillow has announced it will expand to Cincinnati, Ohio, Jacksonville, Fla., Oklahoma City and Tucson, Ariz. by the middle of next year.

In addition to the overall size of the market, this expansion of Zillow Offers is notable because crosstown rival Redfin kicked off its own home sales business in Southern California. The two companies have taken different approaches to their home sales businesses, with Zillow going all-in on expansion and Redfin growing at a slower pace.

Under the program, some homeowners in Zillow Offers markets see a button on the Zillow site that says “get an offer.” The seller fills out a short questionnaire and sends in a couple photos. About 48 hours later, Zillow comes back with an offer and an agent to work with. The seller and Zillow set up a call to walk through the offer and schedule an inspection. Then Zillow sends a revised offer after seeing the house. If both sides are happy with the situation, the seller signs forms digitally and picks a closing date. Zillow takes care of the rest.

Read more here

Join us February 26-27 for the Property Portal Watch Conference Bangkok 2020.

Bkk2020_728X90

December 11, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hemnet Vs Rea Group
Analysis: Hemnet Still Playing Catch-up to REA Group When It Comes to Vendor Paid Advertising

Vendor-paid markets are great for real estate portals. For more than a decade the leading Swedish player Hemnet has charged...

Read More
Ohmyhome Full Year Results Net Losses But Big Ambitions
OhMyHome 2023 Full-Year Results: Net Losses But Positive Outlook for Nasdaq-listed Marketplace

The Singapore-based publicly listed company OhMyHome has released its 2023 full-year financial results. Highlights include: Revenues totalled S$5.0 million (US$3.8...

Read More
Homely Financial Results
Australian Portal Homely Records 16% More Enquiries in 2023

Australian challenger portal Homely generated over 15.5 million enquiries in the 12 months from April 2023. Homely, which competes with...

Read More
Yandex Q1 Strong Performance From Divested Assets
Yandex Q1 2024: Net Losses for Remaining Assets After Large Scale Divestments

Yandex N.V., the Dutch holding company of the marketplace giant Yandex, has released its financial results for the first quarter...

Read More