I made an end-of-year summary movie about 2019 in iBuying, but I realized that I have told that story and the coming years’ news in two of Thalia’s memes. First: The dream. Next: The reality. The real estate doesn’t matter? Wanna bet?
Tag Archives: iBuyers
iBuyers can’t close. Their ineptitude in your opportunity. Here’s me with a pungent illustration: If you have us in to talk to your people, I’ll show you who you’re losing to these losers – and how to win many of them back.
How can you tell Zillow has the iBuyer yips? They try to improve, but in Q3 in Phoenix they sucked even worse.
#Zillow sucks at real estate even worse than the other #iBuyers: In Q2 in #Phoenix, they lost $35,769 per house. But they beat that ignominious finish by 22% in the Q3, losing $43,780 per ‘investment.’
Yes, Zillow’s iBuyer business is cosmetic flipping. If you see a difference, it’s because they’re so bad at it.
Flipping is buying for resale, fast or slow, with or without rehab. What Zillow is doing is cosmetic flipping. If you see a difference, it’s because they’re so bad at it.