Home › Forums › Housing › Zillow bought a house in a neighborhood where I’m active › XBoxBoy wrote:I notice that
[quote=XBoxBoy]I notice that this home is now pending. I wonder how much zillow will make off this transaction?[/quote]
My guess is about 50K for owing it one month.
Pending after 4 days.
Just one more indication, there is a structural gap (lack of supply).
I expect they will do this as often as they can.
Margin may drop over time but expect they will target 20-30K min per transaction.