Anonymous ID: c7109f Nov. 2, 2021, 11:55 p.m. No.14912919   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>2926

"Zillow is getting out of the iBuying business and will shut down its Zillow Offers division, resulting in a 25% reduction in its staff.

Nov 2, 2021

https://www.wlwt.com/article/zillow-exit-home-buying-business-cut-staff/38139228

 

In its quarterly earnings report on Tuesday, the company said it will see a total write-down of more than $540 million as a result of its exit from the business, which buys homes and resells them.

 

As a result of shutting down Zillow Offers, the company said it will be cutting some 2,000 jobs.

Zillow bought 3,805 homes in the second quarter and sold 2,086. This past quarter, Zillow Offers bought 9,680 homes. That pushed the business of closing on homes and preparing them for sale to a breaking point, however.

As a result, Zillow only sold 3,032 homes in the third quarter, which was below expectations and the average gross profit per home sold was a loss of $80,771."

Anonymous ID: c7109f Nov. 3, 2021, midnight No.14912931   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>2942

>>14912907

The Prosecutor SHOULD have to tell the truth. Introducing the video and describing the events exactly backwards is heinous. How is that not illegal? How does he not get disbarred? That's some 3rd world banana republic monkey business right there. Real "Democratic"

Anonymous ID: c7109f Nov. 3, 2021, 12:02 a.m. No.14912937   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>14912926

I don't know if it was Zillow or Blackstone calling but they called several times a week for months on end. Anon answered and gave them a stern talking to and I thought they got tired of the abuse. Guess that wasn't it after all. Very disappointed.