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Zillow is making cash offers on houses using its ‘Zestimate’ home value tool – Fox Business

The real estate listing website announced Thursday that its Zestimate — Zillow’s home value estimation tool — could be considered an initial cash offer on “eligible…

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Zillow is using its “Zestimate” to make cash offers on houses.
The real estate listing website announced Thursday that its Zestimate — Zillow’s home value estimation tool — could be considered an initial cash offer on “eligible homes” in 20 U.S. cities.
The tool will be paired with the company’s Zillow Offers program, where people in select markets can sell their homes directly to the company.
“This exciting advancement demonstrates the confidence we have in the Zestimate and the lengths we are…

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