Mortgage Tech Demo Day

In a half-day format, technology companies will demo their platforms and answer questions. You can tune in for the whole demo day, or strategically drop in on sessions to learn about specific solutions.

DOJ v. NAR and the ethics of real estate commissions

Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

Hopes for generational investment in housing fade in DC

Despite a Democratic majority, the likelihood of a massive investment in housing via a $3.5 trillion social infrastructure package appears slim these days. HW+ Premium Content

Road to the one-click mortgage

This white paper will outline how leveraging a credential-based data provider can save money for lenders, reduce friction for borrowers, speed time to close, and overall bring lenders one step closer to a one-click mortgage.

Real Estate

Zillow begins buying and selling houses in South Florida

Zillow Offers now available in Miami and Ft. Lauderdale

Zillow is expanding its direct buying program again, announcing Monday that it is now buying and selling houses in the South Florida area.

Starting Monday, Zillow Offers is going to be live in Miami, Ft. Lauderdale, and the surrounding area, the company announced. 

Through its iBuying service, Zillow seeks to provide a solution by enabling sellers to forget about the hassle of cleaning their home and forgoing the need to take care of home repairs. They can even choose the date they want to sell and move by. (For more on what, exactly, is an iBuyer, read this.)

(Photos courtesy of Zillow)

zillow offers screen shotThrough Zillow Offers, the company works with local real estate agents and brokers during every transaction. Zillow pays a commission to local agents when it buys and sells each home. A Miami-based broker will assist with each Zillow transaction. 

"We're on a mission to transform real estate by creating a seamless experience through Zillow Offers – no more open houses or worrying about when your home will sell," said Zillow Brand President Jeremy Wacksman. "Since we launched Zillow Offers a year ago, the response has been incredible, and we're excited to bring Zillow Offers to homeowners in South Florida's tri-county region who are looking for a stress-free way to sell their homes."

Zillow also said it is the first company of its kind to offer this service in the tri-county area. 

zillow offers screen shot

"I'm excited to welcome Zillow and their innovative Zillow Offers program to South Florida today," said Fort Lauderdale Mayor Dean Trantalis. "I'm proud that innovative, consumer-oriented companies like Zillow continue to come to the area, and help our economy thrive."

Just two weeks ago, Zillow Offers launched in Nashville. Since first launching in Phoenix last April, Zillow Offers has expanded to Las Vegas, Atlanta, Denver, Charlotte, Raleigh, Houston, Riverside, Dallas, Minneapolis, Orlando, Portland, Colorado Springs and Fort Collins. 

Earlier this month, Zillow expanded its iBuying service to Cincinnati; Oklahoma City; Jacksonville, Florida; and Tucson, Arizona. 

More than 170,000 homeowners have requested a cash offer on their home since last April, Zillow said. 

The company said it plans to expand to Austin, Los Angeles, Sacramento, San Antonio, San Diego and Tampa by the close of the first quarter next year, planning to have a total of 26 markets by the middle of 2020.

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3d rendering of a row of luxury townhouses along a street

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