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Slate Technology

What Next TBD: Honey, I Sold the House to Zillow

Slate Technology

Slate

Society & Culture, Technology, History

4.6636 Ratings

🗓️ 22 October 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

Between April and June of this year, Zillow bought nearly 4,000 homes. And they had no intention of holding onto them. The plan was to flip houses, often and at scale, joining the ranks of companies like Opendoor and Offerpad, also known as iBuyers.  So, why did Zillow put their plans on pause last weekend? Can online middlemen really change the way we buy and sell houses? Guests:  Tony Santos, homeowner Patrick Clark, reporter at Bloomberg Host: Henry Grabar Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

On June 25th, Ironheart arrives on Disney Plus.

0:03.0

What is going all with you?

0:04.8

From Marvel Television, an executive producer, Ryan Coogler.

0:07.8

I wanted to build something undeniable, but now I'm in trouble.

0:10.7

Don't miss the sixth episode of Vand.

0:12.7

I joined a crew of criminals, and now I'm about to get killed by a deranged man in a cake.

0:17.4

Be the first to experience the all-new series.

0:20.5

You've bitten off a hell of a lot more

0:21.9

than you can chew. Brankle chew a lot. Marvel Television's Ironhard. Streaming June 25th, only on Disney Plus.

0:27.7

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0:33.3

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Speed up your hiring today with a £100-pound sponsored job credit at indeed.com slash SPANUK. Terms and conditions apply.

1:01.9

A couple months ago, Tony Santos found himself in an enviable position. His offer to buy a house

1:08.0

in the suburbs of Raleigh, North Carolina was accepted.

1:11.7

Tony and his wife were overjoyed.

1:14.5

And then...

1:15.3

I kind of got that sinking feeling of, oh my God, we just wanted an offer on $825,000 home.

1:23.1

What are we doing with our current home?

1:25.3

They talked to a traditional broker, but Tony was also curious about the phenomenon of

1:30.5

eye buying.

...

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