SOTM 84: Is Zillow Predicting a Housing Market Crash? - Kimberlee Meserve

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6 • 864 Ratings

🗓️ 18 November 2021

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In early November, Zillow unexpectedly pulled the plug on its iBuyer business. What happened? On today’s podcast with Kimberlee Meserve, we explore several possible reasons behind Zillow Offers shutting down. Is Zillow predicting a housing market crash, or was their aggressive home-buying strategy simply unsustainable? Find out on today’s State of the Market! We also cover Boston's unique housing market, what other iBuyers are doing right now, and more. 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	They basically were gambling with houses, right? Like they're betting on this
0:07.8	appreciation and there's so many things that can happen to halt that.
0:14.0	So the question is this, how do most agents find the secrets to succeed in today's competitive real estate market,
0:25.2	especially when the top agents are keeping those secrets themselves?
0:28.8	That's the question, and this podcast will give you the answer.
0:32.2	Hi, I'm Aaron and Moochastegi and welcome to real estate rock stars. Real Estate Rockstar's this is Aaron Amuche Steggy on with Kimberly Maseur again today.
0:51.8	This is her at least her fourth time on the
0:53.6	podcast. The first time I got to interviewer was when she was one of the 30 under
0:57.7	30 realtor kind of breakout agents and since then we've done a lot of state of the market reviews and happy to have her back on today.
1:05.7	Kimberly, how's it going?
1:06.7	It's going well.
1:07.7	I'm so excited to be here today.
1:09.7	Thank you for having me again.
1:11.2	I'm glad you guys aren't sick of me yet. No, we are not. It's fun to get to
1:15.8	chat and you're you're like an expert in a market that I'm still it's a really
1:19.8	unique market, right? So you're out in Boston and before we hit record we even talked about the idea that, you know, eye buyers have been all over the news at different times, people trying to make real estate automated or replace with software and things like that. And you talked about
1:35.1	Boston being one of those places that's just so unique. Like there could be a house next to another one and
1:40.6	the values are totally different. There's so many different things that because the uniqueness
1:44.2	where I buyers never really went there, right? No, so we're just fine. I don't remember which company it is, but we're like just finally getting one of the big ones that announce that they're coming into this market like sometimes too.
1:59.0	But gosh, like I buyers have been around, I don't know, how long are they been popular for or five seven years and I've been like
2:07.1	hearing about agents I know in other markets how do you deal with this and it's
2:10.5	never been something that we've had to deal with. And it's funny,
	...

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