Zillow is now buying and flipping homes. This is very interesting because it confirms that Wall Street is now dipping their hand into the real estate cookie jar.
I think we all know that Wall Street isn’t known for being transparent. That’s what makes the difference between Zillow’s instant offer and our program, “My Rocket Listing,” so stark.
After selling thousands of homes, I’ve realized that there are still people that don’t want to go through the hassle and stress of buying or selling a home. They value convenience over the top list price.
When Zillow comes out and gives you an offer on your home, but they are off by an average of 7%, that’s $28,000 on a $400,000 house. With our My Rocket Listing program, we will not only give you an offer, but we will also give you a suggested list price. Even in a hot market like the one we have in Portland, people want a guarantee and convenience. I believe it’s the most transparent way to sell your home. On average, about two out of 10 people chose the My Rocket Listing program, while the other eight will want us to sell the home traditionally for maximum value.
If you have any questions for me about this topic or anything else related to real estate, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.