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Zillow will flip houses on its own internet marketplace
Zillow is no longer just a real estate marketplace that can help you find your next home -- the company has decided to become an active participant in the field. In an announcement today, Zillow has revealed that it'll flip houses in Phoenix and Las Vegas starting this spring. The company has teamed up with local brokerages in those areas to offer sellers money for their homes. If they accept, Zillow will make repairs and then list those houses on its own marketplace as quickly as possible.
