Zillow Begins Buying and Selling Homes in Atlanta

Zillow Offers launches first Eastern United States market today

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Sep 10, 2018, 08:00 ET

SEATTLE, Sept. 10, 2018 /PRNewswire/ -- Potential home sellers in Atlanta can now use Zillow Offers to request an offer from Zillow to buy their home.

Atlanta is the third market – and first in the Eastern United States - where Zillow directly buys homes, prepares them for showings, and quickly lists them for resale. Zillow Offers has been available in Phoenix and Las Vegas since the spring. A fourth market, Denver, will launch later this fall.

Designed to give consumers more convenience and certainty in the home-selling process, Zillow Offers provides an opportunity for homeowners to sell their house on their own timeline. Zillow's research shows that 71 percent of sellers are simultaneously buying a home, adding stress, timing and financial complexity to what is one of the largest financial transactions of their lives.

With Zillow Offers, consumers receive a service to help reduce the stress and uncertainty usually involved in home selling. Starting today, potential home sellers in the Atlanta area can request a free, no-obligation cash offer from Zillow to purchase their home. If the offer is accepted, the homeowner decides on the closing date and Zillow conducts a free home inspection to finalize the offer. The homeowner can complete a Zillow Offers sale without having to host open houses, avoiding the extra work and time associated with preparing a home for showings that would normally occur with a traditional sale.

"In the few short months Zillow Offers has been operating in our first two markets, we've seen strong interest from home sellers. We have heard how valuable it is to them to be able to sell on their timeline, with transparency and certainty," said Zillow Brand President Jeremy Wacksman. "We're excited to bring Zillow Offers to Atlanta-area homeowners and empower them with more control, convenience and certainty during the home-selling process."

Similar to Phoenix and Las Vegas, Zillow will partner with local brokerages and Premier Agents in Atlanta, giving them the opportunity to acquire new seller leads as part of Zillow Offers. The two brokerages partnering with Zillow for the Atlanta launch are Berkshire Hathaway HomeServices (BHHS) Georgia Properties and Better Homes and Gardens Real Estate Metro Brokers. The program gives real estate agents the opportunity to acquire new listings by connecting them with motivated sellers who have taken a direct action to sell their home. Consumers who request a Zillow Offer, but decide to instead sell their house traditionally with an agent or do not receive a Zillow Offer, will be connected with a local brokerage or Premier Agent.

Finally, Zillow pays a commission to real estate agents when it buys and sells each home, and agents remain at the center of every transaction Zillow is a part of.

"Consumers today are demanding services that make the entire home-selling process easier and are tailored to their unique circumstances – a goal we strive to deliver for our clients every day," said Greg Sanders, Owner and co-founder of the Sanders Team of Realty ONE Group Edge, the brokerage representing Zillow in all of its transactions in the Atlanta market. "With Zillow Offers, we are taking this commitment to the next level and pairing our local expertise with Zillow's relentless commitment to serving the consumer. We're excited to help bring a better real estate experience to Atlanta."

Zillow

Zillow® is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the place they call home, and connecting them with great real estate professionals. Zillow serves the full lifecycle of owning and living in a home: buying, selling, renting, financing, remodeling and more. Zillow Offers provides homeowners in some metropolitan areas with the opportunity to receive offers to purchase their home from Zillow. When Zillow buys a home, it will make necessary updates and list the home for resale on the open market.

In addition to Zillow.com, Zillow operates the most popular suite of mobile real estate apps, with more than two dozen apps across all major platforms. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z and ZG) and headquartered in Seattle, Washington.

Zillow is a registered trademark of Zillow, Inc. Zillow Offers is a trademark of Zillow, Inc.

SOURCE Zillow