[dawnerd]

Okay so in Portland homes sell same weekend they're listed if they're priced right. I know this because My home sold after only a 2 hr open house. It's nuts. Zillow wanted to pay way under their zestimate and I ended up selling for more than asking. The offer I picked ultimately was a real family with a mortgage.

The zillow owned homes have been sitting on the market for a while despite being fair prices IMO. I think its turning agents away since zillow really wants the buyers to also use zillow.

[poulsbohemian]

Realtor here, so sure, I'm biased... Zillow is engaged in arbitrage just like anyone else trading assets. It's possible to get a great price and low fees... or it's possible to get taken for a ride. Knowing what I know about real estate - I'd never buy or sell through Zillow or a similar service (Redfin, etc), and I'd never recommend it to a family member or friend. Everybody focuses on commissions, but if you sell your house below what you should have, you are leaving a lot more money on the table than the cost of my commission.