MIAMI and SEATTLE, Aug. 19,
2019 /PRNewswire/ -- Starting today, home sellers in
Miami, Fort Lauderdale, and other parts of
South Florida can use Zillow
Offers to request a no-obligation cash offer from Zillow to buy
their home.
Zillow Offers is a new way to sell your home which reduces the
stress that typically goes along with selling a home by eliminating
home repairs, showings and uncertain timelines. If the seller
accepts Zillow's offer, they will choose their closing date and
move on their schedule, between five and 90 days after acceptance.
Zillow then prepares the home for sale and puts it on the open
market.
"We're on a mission to transform real estate by creating a
seamless experience through Zillow Offers - no more open houses or
worrying about when your home will sell," said Zillow Brand
President Jeremy Wacksman. "Since we
launched Zillow Offers a year ago, the response has been
incredible, and we're excited to bring Zillow Offers to homeowners
in South Florida's tri-county
region who are looking for a stress-free way to sell their
homes."
"I'm excited to welcome Zillow and their innovative Zillow
Offers program to South Florida
today," said Fort Lauderdale Mayor
Dean Trantalis. "I'm proud that
innovative, consumer-oriented companies like Zillow continue to
come to the area, and help our economy thrive."
Zillow is the first company to offer this type of service in the
tri-county area. As the program grows in the region, Zillow will
expand eligibility to more homes and condos. Home sellers can check
eligibility by typing their address into Zillow.com. The
Miami region is the 16th Zillow
Offers market. More than 170,000 homeowners have requested an offer
from Zillow to buy their home since the program launched in
April 2018.
Zillow Offers has dedicated support from English and Spanish
speaking representatives to walk home sellers through the
process.
Selling a home is a complex, stressful experience. Decluttering
a home to get it ready for tours and open houses are two of the
most frustrating tasks for sellers, according to Zillow research.
And the 61 percent of sellers who are trying to buy a
home1 at the same time face the additional
challenge of aligning the timing of both transactions.
Consumers using Zillow Offers - whether they are selling to or
buying from Zillow - can experience an even simpler real estate
transaction if they decide to get financing from Zillow's affiliate
lender, Zillow Home Loans to get pre-approved and purchase
their next home.
Buyers who purchase a Zillow-owned home have the confidence of
moving into a home that's been professionally renovated by local
contractors, refreshed and is move-in ready.
Zillow Offers is expanding rapidly. The program first launched
in Phoenix in 2018 and is
currently available for home sellers in Las Vegas, Atlanta, Denver, Charlotte,
North Carolina, Raleigh, North
Carolina, Houston,
Riverside, California,
Dallas, Minneapolis, Orlando, Florida, Portland, Oregon, Colorado Springs, Colorado, Fort Collins, Colorado and Nashville, Tennessee.
Zillow has announced plans to launch in Austin, Texas, Cincinnati, Ohio, Jacksonville, Fla., Los Angeles, Calif., Oklahoma City, Okla., Sacramento, Calif., San Antonio, Texas, San Diego, Calif., Tampa, Fla. and Tucson, Ariz., bringing the total number of
planned Zillow Offers markets to 26 by the middle of next year.
A Miami-based broker will
represent Zillow in each transaction.
About Zillow
Zillow® is transforming how people buy,
sell, rent and finance homes by creating seamless real estate
transactions for today's on-demand consumer. Zillow is the leading
real estate and rental marketplace and a trusted source for data,
inspiration and knowledge among both consumers and real estate
professionals.
Zillow's proprietary data, technology and industry partnerships
put Zillow at nearly every major point of the home shopping
experience, helping consumers search for and get into their new
home faster. Zillow now offers a fully integrated home shopping
experience that includes access to for sale and rental listings,
Zillow Offers®, which provides a new, hassle-free way to buy and
sell eligible homes directly through Zillow; and Zillow Home Loans,
Zillow's affiliated lender that provides an easy way to receive
mortgage pre-approvals and financing. Zillow Premier Agent
instantly connects buyers and sellers with its network of real
estate professionals to help guide them through the home shopping
process. For renters, Zillow's innovations are streamlining the way
people search, tour, apply and pay rent for leased properties.
In addition to Zillow.com, Zillow operates the most popular
suite of mobile real estate apps, with more than two dozen apps
across all major platforms. Launched in 2006, Zillow is owned and
operated by Zillow Group, Inc. (NASDAQ:Z and ZG) and headquartered
in Seattle.
Zillow and Zillow Offers are registered trademarks of Zillow,
Inc.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 that involve
risks and uncertainties, including, without limitation, statements
regarding our operational plans for Zillow Offers in 2020.
Differences in Zillow Group's actual results from those described
in these forward-looking statements may result from actions taken
by Zillow Group as well as from risks and uncertainties beyond
Zillow Group's control. For more information about potential
factors that could affect Zillow Group's business and financial
results, please review the "Risk Factors" described in Zillow
Group's Annual Report on Form 10-K for the year ended December 31, 2018 filed with the Securities and
Exchange Commission, or SEC, and in Zillow Group's other filings
with the SEC.
1 According to the 2018 Zillow Group
Consumer Housing Trends Report
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SOURCE Zillow