Now Zillow’s “Instant Offers” encourages unknowledgeable home sellers to sell directly to profit-driven investors at below market value. This program mesmerizes home sellers into acting without consulting a Realtor, attorney or appraiser.
Instant Offers is a costly, misleading program for the public and a stab in the back to Realtors who fund Zillow. It’s a lose-lose program for everyone (except greedy investors). It reduces home seller equity while diminishing Realtor income.