Zillow Offers is continuing its rapid growth, launching Monday in Tampa, Florida, its 21st market. Starting today, homeowners in the Tampa metro area can request an all-cash offer from the Seattle-based tech giant, similar to their in-state neighbors in Orlando and Miami.

“With Zillow Offers, we’re eliminating the pain points that disrupt sellers’ lives, like coordinating repairs and showings, while giving them peace of mind on the timing and price,” Zillow President Jeremy Wacksman said in a statement. “We’re excited to bring this service to the Tampa Bay area so homeowners can have a simpler, more enjoyable selling experience.”

Through Zillow Offers, homeowners can see if their property qualifies quickly by entering their address into the company’s website or app. If the home fits the company’s buy box – which is dependent on the specific market – the homeowner will receive a preliminary estimate within 48 hours.

Homeowners don’t need to commit until an in-person inspection is completed, then the seller can choose a closing date as soon as seven days from when the deal is agreed upon, or wait as long as 90 days, depending on their schedule.

After purchasing the home, Zillow then undertakes some light renovation work using local contractors – an estimated $12,066 per home in the second quarter – and preps the home for sale.

Zillow Offers has scaled quickly, launching at least one new market per month with a total of 26 expected by 2020. In the second quarter of 2018, the company sold 786 homes, nearly twice as many as in the first quarter, while purchasing 1,535 homes, an increase of 71 percent.

Tampa is a crowded iBuyer market with offerings from Opendoor and Offerpad.

Email Patrick Kearns

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×