After weeks of listening to the backlash against Zillow Instant Offers, we figured, if you can’t beat ’em, join ’em! In this multi-part series we’re going to unpack the realities about IO programs and show you all the opportunities you’re missing out on by getting swept up in the drama. If this is where the industry is going, its time for us to step up instead of playing catch up! Why be afraid of Instant Offers when you can build your own IO program yourself? We’ll tell you how you can switch from a complainer to innovator and stay one step ahead of the competition!
Unless you’ve been hiding under a rock, you know that Zillow’s Instant Offers is a wholesale listing program. It’s model is to receive multiple offers from investors, based on the comparative sales and the details of the home. Its no obligation and free.
Yesterday we discussed how the auto industry has already been doing this same thing quite successfully, but who else in our sphere has been in the game too? Offer Pad.
If you’re not familiar with them, they are an official partner of New Home Pros. They market themselves as an easy way to sell a home without the traditional selling process. While the cost may be the same to the seller, the deals are cash and can close in as little as 5 days.
You may be quick to think that this is only for ‘dumpy’ houses. The reality is no. Offer Pad is picking up residential homes, condos and townhouses under $500K on reasonable lot sizes with no title blemishes. Basically, your every day average suburban home. Uh-oh.
Listen to todays podcast as we roll out the numbers that are being crunched by these companies and what you’ll need to prepare to be up against – unless you start now by creating your own IO program, putting you in position to purchase these deals yourself, with no money down – we’ll tell you how!
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