22 min listen
Episode 44: Zillow Offers, From Flip to Flop
FromThe Great Fail
ratings:
Length:
22 minutes
Released:
Apr 27, 2022
Format:
Podcast episode
Description
In September 2021, Sean Gotcher, a Nevada-based real-estate agent, released an infamous TikTok video that ignited a tremendous amount of attention and criticism after alluding to a real estate iBuyer that may have been fixing home prices and engaging in market manipulation. Although many claimed this to be outrageous speculation, it would be a few weeks later when Zillow announced that it was shutting down its home-flipping business, Zillow Offers, after losing $381 million. Did Gotcher’s video accelerate the collapse of Zillow’s iBuying division? Find out how it went down in Episode 44 of The Great Fail. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
Released:
Apr 27, 2022
Format:
Podcast episode
Titles in the series (80)
Episode 4: We Didn't Work: Failure of WeWork's IPO: We Didn't Work: Failure of WeWork's IPO by The Great Fail