zillow: Trulia Adds “Trulia Estimates”: Novelty or Not?
- 03/21/12 04:25 AM
Let me start by saying, Trulia.com and Zillow.com are great companies that I think bring great additional resources for home shopping to consumers. I love their websites and resources they offer. Zillow.com became a hit with it’s “Zestimate”. Just recently Trulia.com launched, what I am guessing is a competitive response to Zillow’s “Zestimates”, called “Trulia Estimates”. These are these companies attempts to provide real-time property valuation using proprietary algorithms. Sounds simple enough right? Think again. One of the things any Real Estate Professional will tell you they wish was automated is . . . property pricing. This is one of the … (0 comments)
zillow: Understanding What Zillow's Zestimate Is and Isn't
- 02/25/10 02:49 AM
First of all, this article is in no way meant to put Zillow and their Zestimate 'down'. Zillow has done a great job producing a place to shop for properties from both Real Estate professionals and owners. But after reading local forum posts, internet articles, and conversations with others that have begun to view Zillow's Zestimate as 'gospel' in terms of price it is obvious that people are not understanding the concept. For example, I recently read an article from a Real Estate investor who was questioning the need for appraisers since Zillow offers the Zestimate. Commenters agreed that this was … (2 comments)
zillow: Let's Really Talk About Zestimate
- 04/07/07 05:21 AM
Lately we hear quite a bit about Zillow.com and the ability for homeowners to get a "market price" for their home if they were to put it on the market today. Sounds like a great service that's quick and easy. In fact, it sounds so great that some Real Estate professionals have even begun linking to this to allow homeowners the ability to get an automated idea of where their property stands in "value" at any given point in time. So I should think this is wonderful right? No, not at all. Not because I am scared this will impact our business. And … (5 comments)
Let me start by saying, Trulia.com and Zillow.com are great companies that I think bring great additional resources for home shopping to consumers. I love their websites and resources they offer. Zillow.com became a hit with it’s “Zestimate”. Just recently Trulia.com launched, what I am guessing is a competitive response to Zillow’s “Zestimates”, called “Trulia Estimates”. These are these companies attempts to provide real-time property valuation using proprietary algorithms. Sounds simple enough right? Think again.
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