Zavvie, a local information publishing platform that offers free help to those looking to sell their homes, has developed a new tool for the real estate industry, Offer Optimizer, which will allow homeowners to compare offers for their properties from iBuyers like Zillow and Opendoor.
Offer Optimizer compares offers from Offerpad, Opendoor, Redfin Now and Zillow Offers, which are known as iBuyers, or instant home buyers, because they provide instant all-cash offers for homes based on proprietary valuation models.
Companies operating as iBuyers acquire homes in all-cash transactions that close quickly, and they often perform minor repairs and renovations on homes before reselling them.
“Zavvie puts instant offers on overdrive with Offer Optimizer, ensuring that sellers squeeze every last dollar out of their home sale,” Hornung, CEO of zavvie, said in a prepared statement.
Hornung also is the founder and CEO of 8z Real Estate, a Denver-area brokerage firm that developed zavvie and spun it off as a separate company.
Read more here
Join us in Miami Beach, June 5-7 for the Global Online Marketplaces Summit.
Vendor-paid markets are great for real estate portals. For more than a decade the leading Swedish player Hemnet has charged...
Read More
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
Australian challenger portal Homely generated over 15.5 million enquiries in the 12 months from April 2023. Homely, which competes with...
Read More
Yandex N.V., the Dutch holding company of the marketplace giant Yandex, has released its financial results for the first quarter...
Read More
