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Greater Capital Area Association of Realtors®

Zillow Surprises Investors by Buying Up Homes

Apr 17, 2018

Real estate platform Zillow changed up its business model last week, announcing that it plans to purchase and sell homes in Las Vegas and Phoenix.

Zillow will be working with Berkshire Hathaway and Coldwell Banker to make offers on homes before it finds a buyer. Zillow will pay commissions and also “make necessary repairs and updates and list the home as quickly as possible.” Read more.