{"id":17107,"date":"2020-09-23T14:20:37","date_gmt":"2020-09-23T21:20:37","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=17107"},"modified":"2020-09-23T14:34:04","modified_gmt":"2020-09-23T21:34:04","slug":"the-news-is-not-that-zillow-is-going-to-have-agents-its-going-to-have-newbies-for-agents","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17107\/the-news-is-not-that-zillow-is-going-to-have-agents-its-going-to-have-newbies-for-agents\/","title":{"rendered":"The news is not that Zillow is going to have agents. It\u2019s going to have <em>newbies<\/em> for\u00a0agents."},"content":{"rendered":"<p><a href=\"https:\/\/www.housingwire.com\/articles\/zillow-ibuying-program-brings-real-estate-transactions-in-house-by-licensing-zillow-homes-employees\/\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Housing Wire:<\/strong><\/a><\/p>\n<blockquote><p>A Zillow spokesperson told HousingWire that these people are already employed with Zillow, and will be getting real estate licenses. Zillow said it will not be recruiting for these positions.<\/p><\/blockquote>\n<p><div id=\"attachment_17109\" style=\"width: 490px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-17109\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/austin-distel-97HfVpyNR1M-unsplash-480x320.jpg\" alt=\"\" width=\"480\" height=\"320\" class=\"size-medium wp-image-17109\" srcset=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/austin-distel-97HfVpyNR1M-unsplash-480x320.jpg 480w, https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/austin-distel-97HfVpyNR1M-unsplash-768x512.jpg 768w, https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/austin-distel-97HfVpyNR1M-unsplash.jpg 1024w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><p id=\"caption-attachment-17109\" class=\"wp-caption-text\">\u201cThe normal career path is real estate agent to barista, but Zillow\u2019s changing all\u00a0that!\u201d<\/p><\/div>It&#8217;s a boiler-room job \u2013 in the same article, George Laughton says Zillow still won&#8217;t be getting its hands dirty. But boiler-room selling and legally-compliant real estate brokerage are two different things.<\/p>\n<p>Whatever. This morning I wrote this to my favorite pricing algorithm, soon to be disintermediated by exuberant, clueless college grads:<\/p>\n<blockquote><p>Of course this was the plan all along. The funny part? They think they&#8217;ve lived through a downturn with Coronavirus. Now they get to play catch-a-falling-knife with their own inventory.<\/p>\n<p>The <a href=\"https:\/\/seekingalpha.com\/pr\/18016886-zillow-offers-will-expand-services-in-2021-to-simplify-customer-transactions\" rel=\"noopener noreferrer\" target=\"_blank\">press release<\/a> reads like they think the local brokers, like Laughton, are hoarding all the good leads from the failures and fallouts. I hope that&#8217;s the reason, just because it&#8217;s extra stupid.<\/p>\n<p>Note that the 18 or so local brokers who were not screwed today now know what they have coming.<\/p><\/blockquote>\n<p><a href=\"https:\/\/www.linkedin.com\/pulse\/i-proved-all-3-phoenix-ibuyers-inept-marketing-real-estate-greg-swann\/\" rel=\"noopener noreferrer\" target=\"_blank\">All of the iBuyers working in Phoenix suck at resale marketing.<\/a> They make bone-headed marketing errors, common to many poor listers, but they make them by the hundreds. Pulling even more of that work in-house, when Zillow is so bad at it, seems daft \u2013 even absent the opportunity to make thousands upon thousands of regulatory infractions.<\/p>\n<p>Prove me wrong, Zillow? You look like nothing but dead money to me.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Housing Wire: A Zillow spokesperson told HousingWire that these people are already employed with Zillow, and will be getting real estate licenses. Zillow said it will not be recruiting for these positions. \u201cThe normal career path is real estate agent to barista, but Zillow\u2019s changing all\u00a0that!\u201dIt&#8217;s a boiler-room job \u2013 in the same article, George [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[542,6,5,19,25],"tags":[],"class_list":{"0":"post-17107","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-ibuyers","7":"category-marketing","8":"category-real-estate","9":"category-technology","10":"category-zillowcom","12":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":17835,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17835\/overnight-news-why-johnny-5-cant-close-no-rainmaker-no-rain\/","url_meta":{"origin":17107,"position":0},"title":"Overnight News: Why Johnny 5 can\u2019t close: No rainmaker, no\u00a0rain.","author":"Greg Swann","date":"February 11, 2021","format":false,"excerpt":"How lame is real estate marketing? Zillow is making money with this for a tagline: \"When you\u2019re ready for a change, we\u2019re ready to help.\" Of course, they're not selling to the public. Check the MLS: They're terrible at selling houses. But at the boiler-room huckstering of gullible self-bankrupting real\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1265,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1265\/going-fishing-try-to-land-the-whales\/","url_meta":{"origin":17107,"position":1},"title":"Going Fishing?  Try to Land the Whales","author":"Brian Brady","date":"April 4, 2007","format":false,"excerpt":"If you are a Boiler Room movie fan, you'll remember when Ben Affleck's character said, ACT...AS IF \"Act as if...\" meant that you got on the telephone and asked people who were loaded to invest money. You didn't worry about your youthful appearance, inexperience, or immaturity because they would never\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1256,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1256\/greg-peeing-on-the-tree-2\/","url_meta":{"origin":17107,"position":2},"title":"Zillow.com&#8217;s press release detailing added functionality in new software release","author":"Greg Swann","date":"April 3, 2007","format":false,"excerpt":"Zillow.com\u2122 Launches Home Q&A \"Ask Questions, Share Answers\"at the heart of numerous new features harnessing knowledge of agents, homeowners and neighbors Seattle -- April 4, 2007 -- Real estate Web site Zillow.com today announced the launch of Zillow\u2122 Home Q&A, among other new features aimed at further opening the site\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18567,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18567\/overnight-news-in-the-easiest-real-estate-market-ever-zillow-discovers-that-real-estate-brokerage-is-hard-work-and-decides-to-take-a-breather\/","url_meta":{"origin":17107,"position":3},"title":"Overnight News: In the easiest real estate market ever, Zillow discovers that real estate brokerage is hard work and decides to take a\u00a0breather.","author":"Greg Swann","date":"October 19, 2021","format":false,"excerpt":"Here's an interesting question: Given that we know that the iBuyers gouge buyer's agents, could it be that they also gouge all their other vendors? This could explain why Zillow has discovered that it is unfit for the house-flipping business: It can't get rehab contractors, and, for bizarre reasons unknown,\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10658,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10658\/whos-afraid-of-redfincom\/","url_meta":{"origin":17107,"position":4},"title":"Who&#8217;s Afraid of Redfin.com?","author":"Brian Brady","date":"December 21, 2009","format":false,"excerpt":"Bob Haywood, an Owasso, OK real estate agent makes a case for why you should be aware of Redfin.com.\u00a0 Bob articulates, from behind the cloaked wall on Active Rain, why Redfin.com is the REAL agent of change in the real estate industry.\u00a0 Read what Bob has to say: You should\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18128,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18128\/overnight-news-the-secret-to-zillows-flavor-of-ibuying-sucking-at-real-estate-helps-them-sucker-real-estate-agents-which-is-where-the-real-money-is\/","url_meta":{"origin":17107,"position":5},"title":"Overnight News: The secret to Zillow\u2019s flavor of iBuying? Sucking at real estate helps them sucker real estate\u00a0agents \u2013 which is where the real money\u00a0is.","author":"Greg Swann","date":"May 10, 2021","format":false,"excerpt":"I wrote the other day about Zillow's losses on its iBuyer \"investments\" \u2013 incomprehensible losses considering that this is one of the few times when it is possible to make money on non-producing real estate. The losses on iBuyer \"investments\" can be stupefying from the point of view of any\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=17107"}],"version-history":[{"count":5,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17107\/revisions"}],"predecessor-version":[{"id":17113,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17107\/revisions\/17113"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=17107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=17107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=17107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}