Special offer

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Rainmaker
4,572,183
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Today's opportunity or tomorrow's regret?

Oct 29, 2019 11:56 AM
Ambassador
3,164,294
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Not in my market, but just heard today from a friend that her son got an offer $50k over neighborhood comps. Won’t say where.

Oct 29, 2019 11:27 AM
Rainmaker
1,844,301
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Corelogic did something on this for October. What & who has the market so far & it wasn't Z.   It's not really up & runnning in my area outside Chicago.

 

Oct 29, 2019 10:50 AM
Ambassador
3,125,819
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Have not seen any of their signs here. My clients already know that Z is innacurate and do not depend on the site for home values.

Oct 29, 2019 01:40 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Wow, I could not believe it.

Oct 29, 2019 12:49 PM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

we've not seen a sign in our area.... 

Oct 29, 2019 12:07 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Caroline,

More like pleasing the investors in their stock...

Oct 29, 2019 10:54 AM
Rainmaker
7,836,134
Roy Kelley
Retired - Gaithersburg, MD

Thanks for sharing this.

Oct 29, 2019 03:11 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Can't say that I've noticed or paid attention.

Oct 29, 2019 02:13 PM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I am not aware of any in my market.  

Oct 29, 2019 01:45 PM
Ambassador
6,393,404
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Another good thing about living off the beaten path in Wisconsin, it may be a while before we see them around here.

Oct 29, 2019 05:48 PM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Not in my area yet, though likely to go there sooner than later.  Just means the market has peaked.

Oct 29, 2019 03:57 PM
Rainer
378,517
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

not a one

Oct 29, 2019 03:30 PM
Ambassador
2,178,603
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

The opposite of caveat emptor in action. 

Oct 29, 2019 01:52 PM
Rainmaker
1,311,397
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I have heard that iBuyers are paying those who drive neighborhoods a lot...Uber and Lyft and Door Dash people, new paper delivery persons...to keep their eyes out and bird-dog for them in regard to houses that may be potential quick, cash sales. Seems like a stretch and not only because it would likely be a violation of RESPA to pay an unlicensed person for such information.

Oct 29, 2019 05:10 PM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

So it is coming?

Oct 29, 2019 04:44 PM
Rainmaker
5,216,398
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

irst time I have seen this sign. Know they are buying. No experience with them selling.

Oct 29, 2019 02:32 PM
Rainmaker
1,196,798
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

The forever changing face of Real Estate

Oct 30, 2019 05:38 AM
Rainmaker
629,608
Tom Bailey
Margaret Rudd & Associates Inc. - Oak Island, NC

We are so rural that I'll be retired before they get here

Oct 30, 2019 04:31 AM
Rainmaker
901,535
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

I have shown some Z homes. They all look alike and not very clean. I think we're one of their first markets.

Oct 30, 2019 04:30 AM
Rainmaker
1,543,817
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Nope!

No ROI to flip in SD,CA. Zillow is a non-profit minor threat in the iBuyer world. They're bigger threat to agents is their sucker leads.

You'all keep financing them and giving Z your listings and buyers, so until you stop, they exists.

Oct 29, 2019 09:22 PM
Rainmaker
2,071,025
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

I have not seen it in Florida.

Oct 29, 2019 07:02 PM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I think a lot in our industry are obsessed with Zillow and waste a lot of productivity.,

Oct 29, 2019 06:44 PM
Rainmaker
758,035
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Not here.

Oct 29, 2019 06:33 PM
Rainmaker
2,390,620
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

They are not here in Minot ND.

Oct 29, 2019 06:18 PM
Rainmaker
785,464
Abby Stiller
TOP SELLING REALTY - Cape Coral, FL
SW Florida (239) 284-8637

I haven't seen it in my area 

Oct 29, 2019 06:00 PM
Rainmaker
536,943
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

Not seen it yet in our area.

Oct 29, 2019 04:53 PM
Rainmaker
5,868,554
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

They have a few chosen companies here in the Denver area too.

Nov 02, 2019 06:19 PM
Rainmaker
4,936,677
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I do not think I have not seen this yet.

 

 

Nov 01, 2019 09:29 AM
Ambassador
5,230,079
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

No but, I heard from someone in the ATL area that they are making rather high Offers there. Who knows how it will turn out, based on the inspections/repair requests? Still, high Offers seem crazy to me!

They were supposed to sign a lease here and backed out at the last minute (I think it was March, April or May of this year). OpenDoor and OfferPad are active and buying/selling here. I've shown several of their listings.

Funny thing, if their investors only knew how little they follow-up (when they are the listing firm) with their peers (other agents), they'd be putting their money in other outlets. Those types of follow-ups are great for getting your listings SOLD and they could care less if you bring them a buyer...in fact, they quite often don't respond to repeated questions about their listings. 

Oct 30, 2019 09:25 PM