BusinessDen highlights Zillow Offers, who has begun to make cash offers for Denver homes.
Zillow hired Denver’s Atlas Real Estate Group to provide agents that will represent the company in its purchases and sales.
Atlas co-founder Jason Shepherd said he has been in talks with Zillow for three months. Shepherd said his agents will get the standard 2.5 to 2.8 percent commission when someone purchases a home from Zillow. The agent’s commission when Zillow buys a home will be negotiated.
Shepherd said he doesn’t know how much business he expects to get from the program.
“We’re interested to see how this works here in Denver,” he said. “It’s such a new offering for consumers.”