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Quick Note on Zillow Flop
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Quick Note on Zillow Flop

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Nov 07, 2021
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Quick Note on Zillow Flop
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In the calculations, I left out the fee Zillow charges when they purchase the house, so their loss is not as bad as I initially thought (although I left out some expenses too). From Zillow:

Zillow Offers has a service fee (similar to agent commissions in a traditional sale) and estimated repair and closing costs …

I left repairs out of the previous calc…

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