Special offer

Zillow group buys dotloop for 108 million but why?

By
Managing Real Estate Broker with ERA American Real Estate

If you were using Dotloop are you going or have gone to Docusign or Zipform? 

If you havent given thought to it will you mind if Zillow has the rights to access all of your esigned documents?

Zillow likely purchased to review concessions and to get access to data thata might not even be entered in the MLS. Likely with it being a public traded stock they will watch their bottom line and outsource data entry if that is the only reason for their purchase, in my opinion.

The second possibility is what everyone is in a uproar about  the Zillow instant offers and Zillow moving into Broker activity witouth license for transactions.

 

"DotLoop is very exciting for us," Zillow Group CEO Spencer Rascoff said during a second quarter earnings call with investors. "There is no question that real estate transactions are moving online. Any of you who have bought a home know that signing hundreds of pages of documentation is a burden and that the day of the paperless transaction is here now, and DotLoop is the clear leader in the category."

 

https://www.bizjournals.com/cincinnati/news/2015/08/11/heres-how-much-zillow-will-pay-for-dotloop.html

 

www.StopZillow.com

     

Posted by

Brandon Jordan, Realtor,E-PRO,ERA American Real Estate
 

Thank you for adding me as a friend over the years on Facebook.

Now you can like my business page on Facebook or find me on other socials with the Linktree QR code below just scan with your phone to find all of my links.

#1stNFTmintedRealtor

View Brandon Jordan's profile on LinkedIn

Certified E-Pro™ Realtor Short Sale and Foreclosure Certified ERA Distinctive Properties Specialist
At Home With Diversity Certified
Brandon Jordan 
Sr Vice President
ERA American Real Estate
Cell- (850)-758-1236
Buy A Florida Vacation Home.com

"We provide this information and much more on our site for you at no charge,
so please remember us when you're looking to buy or sell real estate"

Enable our Alexa Flash Briefing skill BuyAFloridaVacationHome.com Hot Sheet! Don't click it, say it!Enable our Alexa skill Help Me Buy My New Home on Amazon! The next generation of real estate searching is here!”Alexa, open Help Me Buy My New Home”

Comments(5)

David Wright
Benchmark Realty, LLC - Brentwood, TN
Real Estate Refined

I agree. STOP ZILLOW! I love my Dotloop, so easy to use and to create documents. I really dislike Authentisign, has caused me so much grief in the past. But now, I will be dropping Dotloop on principle and for the protection of our industry and go back to the misery of Authentisign.

Jul 16, 2017 08:42 PM
Brandon Jordan
ERA American Real Estate - Crestview, FL

Kudos to you David Wright , thank you for the comment and you made me realize I should update this post to talk about Zipforms too in addition to Docusign.

Jul 16, 2017 08:55 PM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I have never been a fan of Dotloop but for Zillow they have been after vertical integration for Premier agents. Sometimes it works and other times like when the bought Diverserse Solutions IDX it was a bust.

Jul 17, 2017 11:21 AM