![]() In markets where accuracy is very low (48% of the US is more than 10% more or less than the actual value), it should be a much harder sell so Zillow really is incentived to keep making improvements to their service. Their model is advertising based and in markets where accuracy is highest, should draw the most traffic and advertisers that want to be associated with their product. However, the new edits will not be incorporated into the logarithms that calculate values so the tweaked data will not pollute the public record data feed. ![]() The ability for the consumer to edit property facts will help, but will be very hard to police. Lloyd told me that their challenge is to get a number associated with each property as a first priority.Īccuracy will likely come later but much of that effort is at the mercy of public records. Their position is to place a value with each residential property in the United States, first and foremost. Its a daunting task and Zillow has been hampered by low accuracy rates and the ](). Zillow has grown their property valuation database to 70 million homes, essentially providing a home page to each one of them. Improved searching and mapping functionality This incorporates the new “for sale” feature (note avoidance of the word “listing”). Real Estate Wiki The wiki is seeded with more than 100 articles by Zillow editors on topics of interest to home buyers, sellers, and owners. As a wiki any visitor can edit an article, comment on an article, or create a new article and publish it for all to see. Make Me Move – “Make Me Move is our twist on the traditional ‘For Sale’ sign.” A homeowner can easily post a Make Me Move price without exposing any personal information. Zillow then enables interested buyers to contact the owner through an email “anonymizer.”  There is no charge for the service.įor Sale – …Opening up every home’s Web page on for owners and their real estate agents to plant virtual ‘For Sale’ signs in their Zillow front yards for free.” Additionally, in redefining what it means for a house to be “For Sale,” Zillow is enabling any homeowner to post a Make Me Move price. …homeowners and real estate agents to post homes for sale for free. President and co-founder Lloyd Frink stopped by my office to explain what the upgrade entailed. The real estate valuation site () announced a major upgrade today. …and I think I am glad they did… (I’ve got to grab an updated non-beta logo soon).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |