![]() Until it shut down in November 2021, Zillow Offers provided a fast, hassle-free option for eligible home sellers by providing a cash offer in just two days. Phone: 1 (833) 963-3377 | Email: 2018, Zillow launched its iBuying service, then called Zillow Instant Offers. Zillow said they don’t anticipate cancelling any more contracts beyond the 400 who have already been notified. Zillow offered compensation - in the form of returned earnest money and variable bonuses - to sellers who agreed to terminate their contracts by Nov. When the company announced in October 2021 that it was pausing new contracts to buy homes, it said it will “focus operations on purchasing homes with already-signed contracts, but have yet to close.”ĭespite that promise, Zillow cancelled 400 of approximately 8,172 contracts with closing dates later in 2022. Zillow says on its website that it's focused on helping existing customers and selling its remaining inventory. If you have a home under contract with Zillow Offers, you should log in to your Zillow account for details or contact Zillow directly. ![]() However, a small number of purchase contracts have been cancelled as Zillow Offers winds down. 2, 2021, the company will probably still buy it. If Zillow agreed to purchase your home before Nov. ![]() What if Zillow already agreed to purchase my home? Plus, you'll still save money with Clever when compared to working with a traditional real estate company. We'll match you with a top local agent who will navigate you through these different options and give you an accurate home valuation - so you'll know EXACTLY how much money you should be getting for your home. Compared to its competitors, it was also surprisingly difficult to find Zillow OffersĬlever can help you compare offers from top iBuyers, cash buyers, and other real estate companies. It was available in 25 cities across the U.S.ĭespite its popularity, Zillow Offers wasn’t available in as many locations as other iBuyers - and its potentially high fees could drain sellers' profits. ![]() Zillow Offers once had the second-highest transaction volume, with a total of more than 6,000 transactions in 2019. Zillow Offers was the iBuying division of popular online real estate marketplace Zillow.Īn iBuyer is a company that makes quick cash offers on houses, then resells them on the open market. Click here to find out why Zillow Offers shut down, or check out our reviews and rankings of the top iBuyer companies. □ Zillow Offers is no longer buying houses: On November 2, 2021, Zillow announced that Zillow Offers would be permanently shut down. ![]()
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