Hello, dear one!
If you’re interested in purchasing real estate, you may want to learn a little about Zillow.
While the majority of American retail stores suffered tremendous business loss during the Covid-19 lockdowns, Amazon took advantage of the pandemic and increased 38% its net profit with $386 billion in sales.
Following Amazon’s footsteps, the real estate innovation group Zillow is more aggressive than ever in pursuing buyers and sellers.
Maybe Zillow is your real estate Amazon next?
Zillow was founded in 2006, as a real estate marketplace company to sell advertising on zillow.com. The Zillow mobile app claimed to help real estate agents look for buyers, sellers, and mortgage lenders.
But, is Zillow for real estate agents like they advertised?
Over the years, Zillow has made friends with NAR (National Association of Realtors) and obtained access to MLS (multiple listing service), which exclusively belonged to real estate agents who paid annual membership fees.
Wake up to the sleeping real estate agents! NAR sold you all to Zillow, and you’re paying NAR to rob your career!
Once having the access to MLS, Zillow created its real estate and mortgage companies to compete with the traditional realtors and mortgage brokers. With its faster and more attractive internet webpage, Zillow has positioned itself as a computer-friendly real estate expert.
Don’t throw rotten eggs at the writer, please!
You realtors need to take action and fight back at Zillow’s propaganda: Whether you want to buy or sell a home, choose a premier Zillow agent and save tons of money.
Whose money Zillow is saving for?
Zillow makes real estate transactions appear so easy and delightful; it sounds like purchasing books from Amazon.
However, this is far from reality.
A real estate sale happens to be the largest purchase in most people’s lives, and it always requires prudent discussion, wise guidance, strategic solutions, and even psychologically comforting pep talks. All of which are absent from Zillow service. Zillow’s business has successfully eliminated or eradicated human connection.
According to Pissed Consumer reviews, Zillow ranks 282 of 1810 in the Real Estate category. The overall rating of the company is 1.5 out of five. Its consumers are mostly dissatisfied. The biggest complaint is the lack of human response after signing a contract with its customers.
Homeowner Lisa Weiler was furious when she discovered that her rental was listed as a foreclosure on Zillow. The misinformation negatively impacted the sale of her property. Weiler immediately contacted Zillow, but after multiple times and receiving no response, she reached out to her local TV station.
You don’t want to learn how her case ended, talking about stress!
In addition to the lack of response, Zillow’s ambition in obtaining business deals has raised concerns about its ethical conduct.
A realtor in Seattle, Washington recently reported Zillow for violating MSL rules to steal her listing. This realtor was both the listing agent and the owner of the property, Zillow sent her “tips” to ditch her listing agent and work with Zillow.
Here is more to Zillow.
Since the lockdown in 2020, Zillow has manipulated the real estate market by showing Zillow listings to buyers who agreed to leave their agents. Buyers who honored their realtors would be declined for the home previews.
What has NAR done to its faithfully paid members? Nothing!
Watch the Zillow cases ahead being played out in courts.
If you’re thinking of saving tons of money working with Zillow, can you afford a potential court case with Zillow?