Looking For A Home Buyer? Now Zillow’s In The Market
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Looking For A Home Buyer? Now Zillow’s In The Market


AND A BIG REVEAL IN WESTMINSTER WHEN A FAMILY LEARNS THEIR HOME WAS RENOVATED FOR FREE. NEW OPTION, FROM ZILO. WE HEARD ABOUT THE PROGRAM AND WE WERE CURIOUS IF ANYONE IS USING IT. WE DID FIND A SELLER, KAREN, WHILE THE WOMAN YOU MET SAYS IT WENT WELL THAT IS NOT FOR EVERYONE? Reporter: JIM, REALLY THAT IS THE KEY. THIS IS FOR HOMEOWNERS WHO ARE LOOKING FOR SOMETHING DIFFERENT, MORE CONVENIENCE, LESS HASTLE, THE TRADE IS YOU DON’T GET THE BEST PRICE. Reporter: WHEN SHE WAS READY TO PUT THE HOME ON THE MARKET SHE STARTED THINKING ABOUT THE WORK THAT COMES WITH IT. THE HOME IS A HOME MY PARENT’S LIVED IN. WE MOVED THEM TO A NEW LOCATION AND CLEANING OUT THE HOUSE AND GETTING IT READY FOR SALE. Reporter: INSTEAD OF WEEKS OF PREP SHE JUMPED RIGHT TO THE SALE. I DID NOT LIST AT ALL. SOLD THE HOUSE IN THREE WEEKS. WITH A VERY FAIR MARKET OFFER. Reporter: ACCEPTED A CASH OFFER FROM THE SITE ZILO. TOUCH UP ON THE PAINT, CLEANING, THAT IS THE PERFECT MODEL FOR ZILO OFFERS AND WHAT THEY ARE LOCKING FOR. Reporter: SHEPHERD IS THE CO-OWNER OF ATLAS REAL ESTATE WORKING WITH ZILO. WHEN THE COMPANY MAKES AN OFFER, GONE ARE THE DAYS OF A LENGTHY SALES PROCESS. THE SELLER DECIDES THAT YOU KNOW, THEY DON’T WANT TO HAVE OPEN HOUSES, THEY DON’T WANT TO GO THROUGH ALL OF THE TOUCH UP AND ALL OF THE REPAIRS FOR THE PROPERTY, THEY ARE TRYING TO GIVE THEM ANOTHER OPTION. Reporter: IT MAY NOT BE FOR EVERYONE. THE COLORADO REALTOR SAYS YOU LIKELY WILL NOT GET THE HIGHEST PRICE. FOR HER, THE OFFER WAS FAIR AND THE PROCESS WAS EXACTLY WHAT SHE WAS LOOKING FOR. ONE SHE BELIEVES WILL CHANGE THE GAME ALL TOGETHER. I DO THINK REALTORS CAN COMPETE SIDE BY SIDE BUT THEY ARE GOING TO HAVE TO COMPETE DIFFERENTLY. Reporter: NOW, THE COLORADO REALTOR’S ASSOCIATION RAISES CONCERNS ABOUT NOT HAVING SOMEONE THERE GUIDING YOU THROUGH THIS PROCESS AS WELL AS THIS MAY HAVE IMPACT ON AN ALREADY LOW INVENTORY BECAUSE MOST OF THE TIME THESE HOMES WILL NEVER MAKE IT TO A LISTING.

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