SOTM 37: Zillow Positioning to Become the World’s Largest Property Manager

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6 • 864 Ratings

🗓️ 12 February 2020

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

By the end of 2020, Zillow will hold a brokerage license in all 50 states. Agents worry that Zillow is planning to compete for their business, but the real estate giant could have another play in mind. Earlier this week, Real Estate Rockstars host Aaron Amuchastegui received a call from a Zillow sales rep regarding their new policy on rental listings. Now, instead of listing rentals for free, Zillow will be charging a daily fee. Listen and learn what this means for investors and why we think Zillow plans to become the world’s largest property manager. Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:00.0	A lot of folks are up in arms because they think they're going to be competing with them.
0:07.0	From a brokerage standpoint, like on listings, I think that their play is probably more on the rentals.
0:12.0	I think they're trying to become your property manager.
0:19.0	So the big question is this, how do most agents who don't have access to the secrets that most successful agents hoard to themselves grow and prosper in today's competitive real estate environment.
0:35.0	That's the question.
0:36.5	And this podcast will give you the answers.
0:39.7	I'm Pat Heibin and welcome to Real Estate Rockstars.
0:43.0	Welcome back Real estate rockstars to this week's state of the market. This is
0:55.9	Aaron Amuche Steggy and I have back with me again to my good friend Chad
1:00.2	Corbett coming from the East Coast. Chad, how you doing, man?
1:03.1	So well, man, glad to be here.
1:04.8	Glad to be there.
1:05.6	And what state are you calling talking to us from today?
1:09.0	I'm in Virginia again.
1:10.4	We had a slight detour to Aspen, but back in Virginia.
1:14.0	Yes, Roanoke, Virginia out there.
1:17.0	The on East Coast time is we get to go through the news of the day,
1:21.0	we did get to hang out in Aspen a week ago that was fun and now I'm back down in Texas you're back out over there and today we get to talk about the news
1:28.6	you know as we jump into this there is a really funny thing that happened to me just two days ago that I thought this is actually completely newsworthy and I knew we were going to go over this.
1:39.3	So two days ago, I get a call from a Zillow sales rep and they said hey Aaron right now you've got 35
1:46.7	active rental listings with us and we want you to know that we have a new policy
1:51.0	so this has always been a free service. You've always been able to
	...

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