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Updated about 3 years ago on . Most recent reply

User Stats

19
Posts
13
Votes
Tara Rose Iguidbashian
  • Real Estate Broker
  • Denver, CO
13
Votes |
19
Posts

Zillow Trouble Could Lead to Investor Opportunity

Tara Rose Iguidbashian
  • Real Estate Broker
  • Denver, CO
Posted

What does everyone think of the Zillow news? I see there are currently 115 Zillow listings in the Denver MLS. This could be an opportunity to jump on these properties that they are trying to dump.

Article with some good insights: https://money.com/zillow-zesti...

Most Popular Reply

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2,518
Posts
1,277
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Matt M.
  • Realtor
  • Denver, CO
1,277
Votes |
2,518
Posts
Matt M.
  • Realtor
  • Denver, CO
Replied
Originally posted by @Frank Jiang:

They will all go to institutional investors.  It's not really feasible for them to sell them one at a time on the open market.

https://www.wsj.com/articles/z...

The ones currently listed will go retail. I just closed one here in Denver at $40k below what zillow paid 2 months ago. Lowball them! 

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