I was actually going to make a post this morning to share my experience, so I’ll just add to yours 🙂.
I’ve got a new build in progress and needed to sell my current house, so I’ve been refreshing offers from Opendoor, Zillow, and others since about March. A few weeks ago, I noticed my Opendoor offer started sliding backwards—it peaked at $510k but dropped all the way down to $460k as of yesterday. Meanwhile, Zillow held steady at $506k, so I decided to pull the trigger. The low fee was a no-brainer.
For context, I’m in Phoenix. My Zestimate was sitting at $450k. Zillow’s initial offer came in at $506k with just a 1% fee. Last week, they confirmed their final offer at the same $506k, plus $820 in repair costs and about $2k in closing costs. That nets me roughly $499k.
What surprised me is they did the final offer sight unseen—no walkthrough at all. The $820 “repair cost” was just to cover cleanup and miscellaneous fixes. They told me it was non-negotiable since they weren’t actually inspecting the property. On the plus side, they’re buying completely as-is, and I get to keep the fridge, washer, and dryer.
Needless to say, I’m now under contract with a closing date 90 days out. Honestly, there are homes in my neighborhood going for less than mine, so I feel like I got a great deal.