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Zillow, Trulia and now...Google?

By
Real Estate Agent with Market Advantage Real Estate

Google Base Logo  Although Zillow and Trulia are becoming heavier hitters by the day, in the world of listing sites, Google may be positioning itself in the same league. Google left a vague and intereting post on their blog yesterday that seems to hint that they're up to something big. After all, the online listing site business is growing by leaps and bounds and the potential for adverstising revenue is huge. This is right up Google's alley.

If you've been using or watching the housing section on Google Base, you would have noticed that they're making many improvements and changes as of late. Google has also been tweaking their MyMaps feature to add to the appeal of Google Base and further help it compete against Zillow, Trulia and others.

Much like Trulia did earlier this year, Google has also been in talks with brokers to capture listings, but they've done that and everything else in a cloak of secrecy. They don't generally talk much about what they're up to, so for them to post that in their blog is rather interesting. We'll have to wait and see though I doubt we'll have to wait long.

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Lola Audu
Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate - Grand Rapids, MI
Audu Real Estate~Grand Rapids, MI ~Welcome Home!
Everyone definitely wants a piece of the real estate pie!  At some point, I hope the real estate community will stop looking at what others are doing & concentrate our focus on innovative ways we can serve the communities which we know, live & work in.  No one in the game currently has as much knowledge & experience as we do...& no one has more to loose by ignoring the fact that it's not about whether we decide to innovate, it's about whether we ignore the obvious & thereby become irrelevant. 
Apr 06, 2007 07:41 AM
Caleb Mardini
Bellevue, WA
Don't be suprised if it's Google...and Trulia.
Apr 06, 2007 07:52 AM
Danilo Bogdanovic
Market Advantage Real Estate - Ashburn, VA
Real Estate Consultant - Loudoun and Fairfax County

Lola - I agree that we have to focus on beung "hyper-local", but this wave of listing sites is happening because your own neighbors, the consumers, wherever you may be located want and need it. If there wasn't an audience, there wouldn't be a business model for it. If agents don't realize that these new technologies and innovations are to be looked at closely and embraced, agents will in fact become irrelevant.

Caleb - I agree with you. For the most part, Zillow has been doing things backwards. Check out the post on real/diaBlog and follow the links for the full story.

Apr 06, 2007 08:26 AM
Lola Audu
Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate - Grand Rapids, MI
Audu Real Estate~Grand Rapids, MI ~Welcome Home!
You're right about the impetus for these new technologies...it is consumer driven, but this is largely due to our industry in-fighting & competition which placed blinders on a long range view-point. By doing so, we stopped listening & responding to the person in the drivers seat...our customers.   In order to evaluate the nature of the challenges facing the real estate industry, we will need a whole new mind-set.  We have the resources to do this, but I think there is still a lack of collective will, creative vision & cooperation.  Most innovations are not brand new ideas...they are simply someone figuring out how to do something better.
Apr 06, 2007 02:26 PM
Anonymous
sean finnegan

google base is total crap as far as i am concerned.  i keep posting a test house and my items says Published and Searchable but it only publishes and is not searchable.  I wrote Eric at google who is the point of contact for the API program for base.google.com and I told him I would rather pay a fee for something that works.  Craiglists is free and it actually works on top of that.  Right now base is a waste of my time as far as I am concerned.

Jun 28, 2008 08:39 PM
#5