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A comment on Zillow seeks to sell 7k homes for $2.8B after flipping halt. Parent comment

Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by game_the0ry on Tuesday November 02, 2021 @02:52PM (#29085795)
When an institutional investor like Blackstone or Blackrock or Colony Capital calls your phone to express interest in an asset you own, I can all but guarantee you that you are in a distressed position and looking to sell.

They have enough experience, data, and skill to time the market cycle. Companies like Zillow do not.

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Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by Cd00d on Tuesday November 02, 2021 @06:07PM (#29088089)
Zillow doesn't have experience or data in the real estate market? But, investors traditionally tied to securities do?

One seems like an entrenched data-hoarder. The other seems like a "we're smart enough to pivot into this" group.

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Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by trident5000 on Tuesday November 02, 2021 @07:39PM (#29089047)
Blackrock has trillions in assets but only 60 billion in real estate. They are under-invested in the sector but will buy a fire sale.
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