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

Read more

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

Costar Q1 2024 Feat
CoStar Group Q1 Results: Homes.com Drives 12% Year-on-Year Revenue Growth to $656 Million

CoStar Group has released strong financial results in the same week that it announced its intention to acquire Matterport for...

Read More
Hemnet Feat
Hemnet Q1 2024: Strong Performance Across the Board for Swedish Market Leader

Swedish market leader Hemnet has revealed impressive results for the first three months of 2024, recording healthy double-digit growth YoY...

Read More
Costar Matterport
CoStar Group to Acquire Tech Firm Matterport for $1.6 Billion

CoStar Group has announced it will acquire the industry-leading real estate tech firm Matterport for $1.6 billion subject to shareholder...

Read More
Shutterstock 181374380
FangDD Full Year Financial Results for 2023: Net Losses Shrink as Revenues Rise

Chinese portal FangDD has released its full-year financial results for 2023, with optimism despite China's slow recovery post-pandemic. Highlights include:...

Read More

Editor's Pick