Forget repainting, repairs, or renovations — you won’t need to stage or list your home.
Pick any closing date that’s between 7 days to 8 months away so you’re not stuck paying two mortgages or moving twice.
Navigate your home sale from offer to close while prioritizing physical distancing with others.
Zillow’s competitive offers are based on an in-depth market analysis. They automatically deduct fees and cost of repairs so you know your net proceeds upfront.
First, answer questions about your home and check eligibility. A Zillow Advisor will follow up within 1-3 days.
The Zestimate, facts you provided, and comparable homes nearby are used to calculate an estimated sale price.
Complete a free in-person evaluation. Zillow takes care of any repairs for you and clearly reflects them in your offer.
Get your no-obligation offer, choose a closing date, and your cash payment will be transferred within a few days.
Zillow Offers is Zillow’s home-buying program. It’s an easier way to sell a home with less hassle, and on a timeline that works for you. By selling to Zillow, you avoid showings, open houses and prep that usually goes along with selling traditionally. Zillow makes all-cash offers and you have complete control over your close date.
A homeowner in a participating market goes to zillow.com/stanleymartin and submits their address and answers a few basic questions about their home; things like number of bedrooms, square footage and year built are the types of questions that will be asked. Homeowners are also encouraged to upload a few photos of their home. Then, if eligible, they will receive a preliminary cash offer within 24 hours.
If the homeowner likes the initial offer, the next step is a home evaluation, where Zillow will determine if any repairs are needed. Based on this assessment, Zillow will then provide our best and final offer. If this offer looks good, homeowners will work with their dedicated advisor to pick a close date that works best for them -- this can be anywhere between 7 days to 8 months after the sale contract is signed. Zillow will close the purchase of the property using a local agent, make appropriate repairs and updates and then resell the home using a local agent.
Zillow offers fair market value on all homes. By selling to Zillow, sellers don’t need to worry about showings, open houses, or other hassles that go along with selling a home. For that convenience, we do charge a fee, but it tends to fall in line with what sellers would pay an agent to sell traditionally. The fee will vary depending on the home -- some homes require a bit more work than others to get listed back on the market -- but our average fee is about 6-9%.
Zillow makes fair market-value offers on every home we purchase. By selling to Zillow, sellers don’t need to worry about preparing their home for sale, hosting open houses, or any other stress that comes along with selling a home. In fact, a recent Zillow analysis found that sellers who declined a Zillow Offer and went on to sell traditionally within the next few months sold their homes for less than a quarter percent more than Zillow’s offer. The convenience of selling to Zillow has made Zillow Offers an attractive option for hundreds of thousands of sellers across the country and the convenience of selling to Zillow is worth a little extra cost.
No. Zillow is providing a service to sellers by purchasing homes at market rate, taking care of repairs on their behalf and then re-selling at market rate. We are not buying distressed homes and investing a lot of money to re-sell at a high mark-up.
When we buy a home, we make only minor repairs – perhaps a coat of paint or new flooring – the work a home seller might typically do to prepare a home for sale. We are removing time and hassle from the selling process and charging a fee for that service, we’re not making a huge profit on the resale price.
Zillow Offers removes the pain points from the selling process and offers sellers an easier way to sell their home, with more certainty and less anxiety. Our research shows that sellers are stressed and want options for quicker, more predictable sales.
Additionally, most sellers (64%) are trying to time two transactions at once, which is a logistical challenge and extremely stressful. Zillow Offers makes the process much easier because sellers know how much money they have to put toward a down payment, and can close on their time table.
Selling this way won’t be right for everyone. The majority of people who sell their home within 90 days of passing on an offer from Zillow end up listing with an agent. A small percentage sell to investors.
Zillow is interested in all homes. We encourage prospective sellers to go onto your custom URL and request a free, no-obligation cash offer. We will work with every seller to figure out what path of selling works best for them. If Zillow Offers ends up not being the right option, we will connect them to a local real estate agent who can help them sell their home traditionally.
