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Updated almost 7 years ago on . Most recent reply

User Stats

294
Posts
104
Votes
Kate J.
  • Rental Property Investor
  • Austin, TX
104
Votes |
294
Posts

zillow disclosure of price

Kate J.
  • Rental Property Investor
  • Austin, TX
Posted

Hi, I wonder what can be done so Zillow does not disclose price that the house have been sold for. I think it hurts flipping business. The property is in Illinois.

Most Popular Reply

User Stats

168
Posts
187
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Jonathan Holmes
  • Investor
  • Warren, OH
187
Votes |
168
Posts
Jonathan Holmes
  • Investor
  • Warren, OH
Replied

Depends on your state laws. I think Texas is a no reveal state in that sale prices are not reported to the public. Where I live in Ohio it is listed on the county auditor site. If your state is the same there is nothing you can do.

As a side note this shouldn’t effect a flip overly much. If you did good work and are selling at market level no reasonable buyer will have an issue with you buying the property on the cheap when it was a junk heap. If you know your market and are confident that your property will sell and someone brings this up offer to find them a junk heap they can buy and rehab themselves. With a reasonable wholesale fee of course :)

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