NASHVILLE, Tennessee,
Aug. 5, 2019 /PRNewswire/ -- Starting
today, home sellers in Nashville
can use Zillow Offers to request a cash offer from Zillow to buy
their home.
Nashville is the fifteenth
market where Zillow now directly buys homes, prepares them for
sale, and quickly puts them back on the market. By giving
homeowners a new way to sell their home that is convenient and
stress-free, Zillow Offers is transforming the way people sell
their homes across the country.
"Selling a home is hard, inconvenient and stressful, but it
doesn't have to be," said Zillow Brand President Jeremy Wacksman. "In the past year that we've
been operating Zillow Offers, we've heard from home sellers how
valuable it is to be able to sell on their own timeline, with
transparency and certainty throughout the entire process.
Nashville is one of the fastest
growing housing markets in the country, and we're thrilled to bring
Zillow Offers to Nashville-area
homeowners today and offer them a more simple and stress-free way
to sell their home."
"With innovative companies like Zillow bringing programs like
Zillow Offers to Nashville today,
we're seeing Tennessee continue to
be a place where business can thrive," said Tennessee Governor Bill Lee.
Selling a home is one of the most stressful experiences in
modern life, second only to a relationship
break-up1. Decluttering and readying their
home for tours and open houses are often the most frustrating tasks
for sellers, according to Zillow research.
With Zillow Offers, sellers don't need to worry about prepping
their home for sale or hosting open houses -- avoiding much of the
hassle, time and stress associated with a traditional sale.
Additionally, Zillow Offers gives sellers the flexibility to choose
their close date within just a few days or up to 90 days after
accepting their offer. 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.
"I have three kids and the thought of getting my home ready to
sell and host open houses was extremely daunting," said
Sarah Chambers, a seller from
Charlotte who recently sold her
home to Zillow. "We lived in our house for 10 years, so it would
have taken a ton of time to make repairs, put the home on the
market, and wait for the right buyer. We didn't have to worry about
any of that with Zillow – we requested an offer, a Zillow rep got
back to us the next day, and we signed papers to close two weeks
later. Zillow Offers was the perfect way to sell our home without
interrupting our daily routine."
Zillow is creating an on-demand real estate experience at all
points of the process for all consumers, no matter how they choose
to buy or sell. 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 purchase
their next home. Homeowners using Zillow Offers to sell their home
can apply to get pre-approved for a mortgage through Zillow Home
Loans, giving them the certainty to be able to sell their existing
home and shop for a new home simultaneously.
Zillow Offers is expanding rapidly. The program first launched
in Phoenix last April and is
currently available for home sellers in Las Vegas, Atlanta, Denver, Charlotte, Raleigh, Houston, Riverside, Dallas, Minneapolis, Orlando, Portland, Colorado
Springs and Fort Collins.
Zillow also has plans to launch in at least Austin, Los
Angeles, Miami,
Sacramento, San Antonio, San
Diego and Tampa, by the end
of the first quarter of 2020.
In each market where Zillow Offers is available, Zillow works
with local agents and brokers on every transaction. Zillow pays a
commission to local real estate agents when it buys and sells a
home, and agents remain at the center of every Zillow Offers
transaction. A local Nashville
broker will represent Zillow in each transaction.
The Zillow Offers program also provides local brokerages and
Zillow Premier Agent partners the opportunity to acquire new
for-sale listings by connecting them with motivated sellers who
have taken a direct action to sell their home. Sellers who request
a Zillow Offer, but decide to instead sell their house
traditionally with an agent or do not receive a Zillow Offer, may
be connected with a local brokerage or Zillow Premier Agent to
support their needs.
As of May, more than 100,000 homeowners across the country have
requested a no-obligation cash offer from Zillow to buy their
home.
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 because it is 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 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.
1 According to a recent Zillow
Survey.
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SOURCE Zillow