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Zillow seeks to sell 7,000 homes for $2.8 billion after pausing its flipping purchases
Zillow Team Inc. is searching to promote about 7,000 properties as it seeks to get better from a fumble in its superior-tech household-flipping business. The business is seeking roughly $2.8 billion for the homes, which are being pitched to institutional traders, according to individuals common with the make any difference. Zillow is most likely to provide the houses to a multitude of potential buyers relatively than packaging them in a solitary transaction, claimed the men and women, who requested not to be named due to the fact the subject is private. The shift to offload a block of households will come as Zillow seeks to get better from an operational…