Zillow and A Chat With Jay Thompson
Tristan Ahumada and Nick Baldwin sit down with Jay Thompson from Zillow to hear his background story and get his response to the increasing concern from Agents about Zillow’s “Instant Offers” pilot program. Housingwire.com explained Instant Offers like this:
Through the “Instant Offers” program, homeowners looking to sell their home can get all-cash offers for their home from selected investors. The seller will also receive a comparative market analysis from a local real estate agent, which would allow the homeowner to compare the investor offers to what their home might be worth on the open market.
From there, it’s up to the seller to decide what to do – either sell directly to an investor (like OfferPad, for example) or list their home on the open market.
…while Zillow says that “Instant Offers” will include real estate agents throughout the process, with the investors being required to use an agent, the homeowner is not required to use a real estate agent.
Zillow will offer to connect them with a local agent to represent them throughout the transaction, but they’re not required to use one.
Real Estate Agents across the country have expressed their anger and frustration in the Lab Coat Agents Facebook Group. We’d like to thank Jay for taking the time to sit down with us and set some things straight.
Watch The Whole Webinar Here:
THE LCA BLOG
Weekly articles that cover every aspect of the real estate industry, growing your business, personal development & so much more.
I really appreciate the real estate agents who are just genuinely kind. The ones who don’t compete by tearing others down, but instead lift people up, share what they’ve learned, and offer support simply because they can. Their mindset isn’t “how can I get ahead at someone else’s expense,” it’s “how can I help someone […]
Whether you’re tired of the high cost and low ROI of purchased leads or simply don’t know where else to find prospects, there’s a better way. Your next listing (or buyer) is closer than you think. Smart real estate professionals know that organic lead generation not only costs less, but often produces higher-quality connections who […]
Right before your real estate business grows, things usually get harder. Doubt creeps in. Deals fall through. Leads go cold. You start second guessing yourself. Most agents take that as a sign to slow down. To pull back. To wonder if this is really worth it. And just like you, I’ve thought this too, it’s […]