Zillow Offers bought this many homes in Southern California! Is this iBuyer gearing up or giving up?

We cover ACTUAL Zillow Offers sales data for Southern California and show how much money Zillow Offers has spent on purchases, plus how many homes Zillow Offers has purchased in the Southern California real estate market! Zillow Offers recently announced that they won’t be signing any additional ibuyer purchase contracts through the end of the year, citing that they are at operational capacity. Is this just an excuse? Is Zillow Offers not making enough money? Are they afraid of a downturn and are giving up on the ibuyer model? We found evidence to answer the question whether Zillow Offers is giving up or gearing up on the ibuyer business model. 

 What is the rate of return for Zillow Offers on homes sold in the Southern California real estate market

How many homes did Zillow Offers buy in the Southern California real estate market

How much money did Zillow Offers spend in the Southern California real estate market

Does it look like Zillow Offers is giving up on the ibuyer model in the Southern California real estate market

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Zillow stops buying for the rest of 2021  

Equipment that we use for YouTube

A few real estate books we love!

• Never Split the Difference: Negotiating As If Your Life Depended On It - 
• What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures, Updated Edition - 
• Every Landlord's Legal Guide - 
• California Tenants' Rights - 
• The Color of Law - 
• The Millionaire Real Estate Agent: It's Not About the Money It's About Being the Best You Can Be - 
  
• The First Wacky Tale of Sam, Charlie & Leo: The Science Olympiad Competition - 

This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Coldwell Banker Realty Owned by a subsidiary of Realogy Brokerage Group LLC. CalRE # 00616212.

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