Zillow Expands Efforts to Simplify New Construction Home Buying
Last September, Zillow Group (NASDAQ: Z)(NASDAQ: ZG) announced that its iBuying business, Zillow Offers, was partnering with a group of home builders in select Zillow Offers markets to help simplify the new construction home buying experience. Essentially, homeowners who buy a new construction home from one of these home builder partners can sell their current home to Zillow with a flexible closing schedule so that the sale of their current home can occur whenever the new home is ready.
Management seems to agree because last week Zillow announced it is partnering with an additional group of regional home builders for the same purpose.
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Source Fool.com
