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by unreal37
1697 days ago
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I've seen Zillow in interviews claim that they are actually physically improving the homes before selling. And they sell for basically what they bought for it intentionally, so they're not actually inflating prices. They're improving homes, helping sellers get out of homes faster, and not raising the prices. This isn't like those home flippers on TV who buy a house for $70K, put $20K into it, and sell it for $200K. The story you're commenting on says they sell 90%+ for less than they paid. This isn't a simple "Zillow buying homes must be bad". More analysis required. |
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