US market-leading portal company Zillow is to resume its bold iBuyer program in 5 more cities it has been announced this morning. The latest cities to have Zillow Offers available are:
Los Angeles
Riverside, California
Minneapolis
Cincinnati
Orlando
Before the onset of the pandemic in March, Zillow had managed to roll out its iBuyer program, known as Zillow Offers, to 24 markets before being obliged to shut down the program on the 23rd of March. The company began cautiously reintroducing its flagship new program in the middle of May and with today’s announcement Zillow has brought the number of cities in which the program is available back up to the original 24.
Rival Opendoor has only managed to reopen its iBuying operations in 7 markets to date and only time will tell if Zillow’s risk in restarting its capital intensive new model so quickly will pay dividends.
This week's People Roundup is all about the C-Suite. We'll start in Canada... North America: Realtor.ca appoints new CEO...
Read More
We have a massive Product Roundup for you this week, starting in Australia... Oceania: REA Group unveils videos on...
Read More
This week saw more investment in AI tools, and an interesting climate-focused acquisition in the Nordics... Europe: Avito invests...
Read More
Zillow has filed a forceful defence of its ban on privately marketed listings, rejecting claims by brokerage giant Compass that...
Read More
