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This article may not be a sign, but a different[1] article is a pretty decent sign

Zillow is also selling individual homes, not just this package. In their main algorithmic buying market of Phoenix they're selling individual homes, 93% of whom they payed more for than the new current listing price (and they usually do renovations before listing)

So Zillow VCs are essentially paying people to take a discount on houses in those markets. pretty sweet

[1] https://www.businessinsider.com/zillow-offers-ibuyer-sell-ph...




Losing money is pretty sweet?


Not for Zillow but for everyone else, yeah it’s value transfer from VCs to the he average person.

Same thing with Uber/Lyft/dash/movie pass. For years the general population received rich VC subsidized services. Pretty sweet


Yes. You make up for it in volumes.




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