Cramer: Zillow’s home-flipping plan is too risky even with a new CEO – The Florida Post

"I liked the old Zillow, even if it was slowing down a bit, as it was a lot less risky," the "Mad Money" host said. "I’m not yet sold on the new Zillow, even with a much better class of CEO." Barton returned to Zillow as CEO after co-founder Spencer Rascoffstepped down in February after 10 years in the role. Zillow announced the home-flipping concept nearly a year ago and the stock has taken a number of tumbles since.

"I liked the old Zillow, even if it was slowing down a bit, as it was a lot less risky," the "Mad Money" host said. "I’m not yet sold on the new Zillow, even with a much better class of CEO." Barton returned to Zillow as CEO after co-founder Spencer Rascoffstepped down in February after 10 years in the role. Zillow announced the home-flipping concept nearly a year ago and the stock has taken a number of tumbles since.

Zillow’s home-flipping plan too risky even with new CEO: Cramer "I liked the old Zillow, even if it was slowing down a bit, as it was a lot less risky.. Florida officer dragged during traffic stop.

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Cramer: Zillow’s home-flipping plan is too risky even with a new CEO 6:44 PM ET Tue, 9 April 2019 "I liked the old Zillow, even if it was slowing down a bit, as it was a lot less risky.

It’s too early to make a bet on Zillow and its fledgling home-flipping business even under new management led by co-founder Rich Barton, blovnews.com’s Jim Cramer said Tuesday. The online real estate marketplace expects core business revenue to grow 56% within the next five years, but their cash-burning plan to buy and sell homes could take just as long to realize $20 billion in annualized revenue.

However, having a qualified home inspector go over the property as a contingency to the sale is even. on risk engineering to better protect policyholders’ property exposures.” Pusey says.

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Cramer thinks that’s too long to wait and see if the program will work. "I liked the old Zillow, even if it was slowing down a bit, as it was a lot less risky," the "Mad Money" host said. "I’m not yet sold on the new Zillow, even with a much better class of CEO."

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