Zillow contract: Here are a few Notations that we have made regarding the Zillow contract:

IMPORTANT: Dalton Wade Agent Support agents are nonlawyer’s and the following statements are not legal advice. Please reach out to an attorney for any specific legal questions regarding the Zillow purchase agreement. The Zillow contract is not a Florida Bar supported contract.

1.         There tends to be many Zillow players involved. We have found that this can delay responses and add to confusion in terms of who's the person that is supposed to respond to any given email. My suggestion is to email your Zillow contacts separately and hopefully this will place the responsibility of a response on each email recipient and increase your likelihood of getting a response.

2.          Paragraph 1.9: Is asking for any upfront seller concessions the buyer is asking for and the dollar amount.

3.         Paragraph 3.4” Inspection period timelines are different. There is a 5pm deadline and the contract counts calendar days: There is also an added time for response built into the contract.  The buyer must also use the Seller’s Inspection Notice Form from Zillow.  See excerpt here:

The parties may additionally agree in writing within the Inspection Period using Seller’s Inspection Notice Form for Seller to make certain repairs to the Property or to perform other obligations arising out of Buyer’s inspection, which Notice Form may automatically extend this Inspection Period on a day-for-day basis for up to          five (5) additional calendar days to accommodate for Seller to respond to Buyer’s request and for Buyer to accept or reject Seller’s response as further described therein. In the event Buyer fails to deliver the termination notice to Seller or execute a written agreement for Seller repairs/obligations before the expiration of the Inspection Period (as may be extended), Buyer shall have no further right to terminate this Agreement pursuant to this Section.   

4.         If you need to extend the inspection or other periods, then you should be able to use the Florida realtor forms. This question was asked to Zillow by one of our agents on there is a low transaction. They were told to use the Florida Realtors extension form. You should confirm this each time. This is because the Zillow contract is not a Florida contract and are using addenda that does not match.

5.          The financing contingency is a separate addendum.  It needs to be added.  By default the buyer will have 14 days to get loan approval.  This is not enough . You will need to change this or make your client very aware of this specific contingency deadline.