Products You May Like
The company announced on Monday it would not contract to buy any more homes in 2021 in order to work through the backlog of homes it has already bought.
The “iBuyer” model used by Zillow and other real estate companies entails purchasing homes directly from sellers, and then re-listing the properties after doing minor work. But thanks to the current shortage on labor and materials, Zillow can’t close, renovate and resell the homes fast enough.
“We’re operating within a labor- and supply-constrained economy inside a competitive real estate market, especially in the construction, renovation and closing spaces,” said Jeremy Wacksman, Zillow’s chief operating officer, in a statement.
“Pausing new contracts will enable us to focus on sellers already under contract with us and our current home inventory,” said Wacksman.
Excerpt from: https://www.cnn.com/2021/10/18/homes/zillow-halting-home-buying/index.html
Tell me what you think about this video by dropping a comment down below! Give the HBO Special hit the like and subscribe button for more content.
Schedule a one on one strategy session with The Wholesale Coach here: https://calendly.com/wholesalerealestate/strategysession
🎓🎓Join Wholesaler University TODAY to learn all the ins and outs of the wholesaling business with over 100 step by step videos, 2 Bonus Courses, and ALL the contracts, scripts and other files you need to close deals: https://www.edwardhayes.org/wholesaleruniversity
🤝 LET’S DO DEALS TOGETHER! Schedule a 30 minute phone call with me personally if you want a coach that will help you get deals done! Let’s discuss your goals and see if we’re a good fit for one another. LIMITED SPACES AVAILABLE!
Get started with a 30 minute call: https://www.edwardhayes.org/systemssetup
📁 For all the CONTRACTS, scripts and other documents you need to wholesale houses click here: https://www.edwardhayes.org/ContractsDiscount
Get a 7-Day Free Trial to the BEST Wholesaling Software on the market! http://trial.propstreampro.com/thewholesalecoach/
Get 15,000 skip traces per month with Versium REACH here: https://bit.ly/3nLLsDK
To Get the package I talk about above call 1-800-395-0164 ext “1” for Sales and make sure to mention Ed Hayes sent you.
Get The BEST Texting Software On The Market If You Want To Automate Your Business Here: http://bit.ly/reireply
Here’s where I get almost ALL of my marketing material from: http://bit.ly/startusingfiverr
BEST Real Estate Investor Websites On The Market: http://bit.ly/getoncarrot
Learn how to use Propstream, the #1 Real Estate Investing Tool with this FREE COURSE + a FREE TRIAL to Propstream: https://wholesaler-university.teachable.com/p/how-to-use-propstream/
🎧 LISTEN TO THE WHOLESALING MASTERMIND PODCAST!:
https://itunes.apple.com/us/podcast/the-wholesaling-mastermind/id1440549665
INSTAGRAM: https://www.instagram.com/thewholesalecoach
Check out this FREE Wholesaling Training I Put Together:
https://www.edwardhayes.org/freetraining
Download My Cash Buyer Script Here:
https://www.edwardhayes.org/cashbuyerscript
I make videos about wholesaling real estate throughout America, locally and virtually. I’ve been creating wholesale real estate training videos since 2018. If you want to learn how to wholesale houses BINGE WATCH THESE VIDEOS! I started wholesaling houses in 2016 in Chicago IL. Subscribe to the channel to follow me on this journey!
If you appreciate the content and want to SUPPORT THE CHANNEL send me a CashApp to donate $PayEdToday 🙏🏾✊🏾
https://cash.app/$PayEdToday
#Wholesaling #WholesalingHouses #TheWholesaleCoach