Zillow’s iBuyer Program Reopens In 5 More Markets

Zillow announced Wednesday that it is resuming its iBuyer program in five more markets – bringing the total to nine – after shutting it down across the country two months at the height of the coronavirus pandemic.

Zillow Offers is reopening its home-buying programs in Portland, Oregon; Nashville; Denver; Fort Collins, Colorado; and Colorado Springs, Colorado. Zillow announced last week that it had resumed home buying in North Carolina (Raleigh and Charlotte) and Arizona (Phoenix and Tucson).

“We know that people still want to move, and Zillow Offers is a way for them to do so safely and easily,” Zillow President Jeremy Wacksman said.

When fully operational, Zillow Offers operates in 24 markets.

To help ensure buyers shopping for a home can do so safely, instead of holding open houses, Zillow is using 3D home tours and live, scheduled virtual tours with an agent. Homeowners selling directly to Zillow also can minimize in-person interactions by eliminating the need for open houses or home showings and providing the option for an all-digital closing.