Zillow ‘humbled’ by real estate industry

[CricketOnTheHearth]

It’s not just the comps, Zillow is so handy for a world of other things.

I have Zillowed potential rentals to check them out. Armed with the starting info I got from Zillow, I was able to detect flopped flips, less-than-honest rental “agents”, and other hazards to a prospective renter.

I used the mapping function of Zillow, along with a list from a local news station, to figure out where all the houses that burned in 2007 were located. (Hint: avoid a house that is just west of an expanse of brush.)

I love the “historical price” graph at the bottom of a listing, and being able to see what the house cost 10 years ago, etc.

Also that you can see when the house was last purchased, and for how much.

Combined with data from the Treasurer/Tax Collector, Zillow is a huge all-round resource. I hope it, or something like it, stays around.

[CricketOnTheHearth]

It’s not just the comps, Zillow is so handy for a world of other things.

I have Zillowed potential rentals to check them out. Armed with the starting info I got from Zillow, I was able to detect flopped flips, less-than-honest rental “agents”, and other hazards to a prospective renter.

I used the mapping function of Zillow, along with a list from a local news station, to figure out where all the houses that burned in 2007 were located. (Hint: avoid a house that is just west of an expanse of brush.)

I love the “historical price” graph at the bottom of a listing, and being able to see what the house cost 10 years ago, etc.

Also that you can see when the house was last purchased, and for how much.

Combined with data from the Treasurer/Tax Collector, Zillow is a huge all-round resource. I hope it, or something like it, stays around.

[poorgradstudent]

Zillow’s claim to fame was they were the first major real estate data aggregator site, at least that didn’t require subscription or credentials to access.

The thing about the web is first is rarely best. I like Trulia and Redfin better than Zillow, they provide very similar services but in more advanced ways. Both also came along late enough in the real estate bubble not to have a terrible paper trail like some of zillow’s Zestimates.

Without knowing the details of their business model I can’t say anything else definitive, but obviously they have significantly increased competition than when they started.

[poorgradstudent]

Zillow’s claim to fame was they were the first major real estate data aggregator site, at least that didn’t require subscription or credentials to access.

The thing about the web is first is rarely best. I like Trulia and Redfin better than Zillow, they provide very similar services but in more advanced ways. Both also came along late enough in the real estate bubble not to have a terrible paper trail like some of zillow’s Zestimates.

Without knowing the details of their business model I can’t say anything else definitive, but obviously they have significantly increased competition than when they started.

[poorgradstudent]

Zillow’s claim to fame was they were the first major real estate data aggregator site, at least that didn’t require subscription or credentials to access.

The thing about the web is first is rarely best. I like Trulia and Redfin better than Zillow, they provide very similar services but in more advanced ways. Both also came along late enough in the real estate bubble not to have a terrible paper trail like some of zillow’s Zestimates.

Without knowing the details of their business model I can’t say anything else definitive, but obviously they have significantly increased competition than when they started.

[poorgradstudent]

Zillow’s claim to fame was they were the first major real estate data aggregator site, at least that didn’t require subscription or credentials to access.

The thing about the web is first is rarely best. I like Trulia and Redfin better than Zillow, they provide very similar services but in more advanced ways. Both also came along late enough in the real estate bubble not to have a terrible paper trail like some of zillow’s Zestimates.

Without knowing the details of their business model I can’t say anything else definitive, but obviously they have significantly increased competition than when they started.

[poorgradstudent]

Zillow’s claim to fame was they were the first major real estate data aggregator site, at least that didn’t require subscription or credentials to access.

The thing about the web is first is rarely best. I like Trulia and Redfin better than Zillow, they provide very similar services but in more advanced ways. Both also came along late enough in the real estate bubble not to have a terrible paper trail like some of zillow’s Zestimates.

Without knowing the details of their business model I can’t say anything else definitive, but obviously they have significantly increased competition than when they started.

[sdrealtor]

What you dont understand about running an MLS is that it is not just a database. That part is cheap. Its all the other things that go on behind that which are expensive.

As for Zillow, I was spot on. They came to change the RE Industry but all they have suceeded in is selling overpriced advertising to realtors that generate some of the crappeiest leads I have ever received. I tried them out for 3 months and what I got from them was garbage.

They do provide some useful information but for the most part they add very little value to the system. Certainly not a revolution.

[sdrealtor]

What you dont understand about running an MLS is that it is not just a database. That part is cheap. Its all the other things that go on behind that which are expensive.

As for Zillow, I was spot on. They came to change the RE Industry but all they have suceeded in is selling overpriced advertising to realtors that generate some of the crappeiest leads I have ever received. I tried them out for 3 months and what I got from them was garbage.

They do provide some useful information but for the most part they add very little value to the system. Certainly not a revolution.

[sdrealtor]

What you dont understand about running an MLS is that it is not just a database. That part is cheap. Its all the other things that go on behind that which are expensive.

As for Zillow, I was spot on. They came to change the RE Industry but all they have suceeded in is selling overpriced advertising to realtors that generate some of the crappeiest leads I have ever received. I tried them out for 3 months and what I got from them was garbage.

They do provide some useful information but for the most part they add very little value to the system. Certainly not a revolution.

[sdrealtor]

What you dont understand about running an MLS is that it is not just a database. That part is cheap. Its all the other things that go on behind that which are expensive.

As for Zillow, I was spot on. They came to change the RE Industry but all they have suceeded in is selling overpriced advertising to realtors that generate some of the crappeiest leads I have ever received. I tried them out for 3 months and what I got from them was garbage.

They do provide some useful information but for the most part they add very little value to the system. Certainly not a revolution.

[sdrealtor]

What you dont understand about running an MLS is that it is not just a database. That part is cheap. Its all the other things that go on behind that which are expensive.

As for Zillow, I was spot on. They came to change the RE Industry but all they have suceeded in is selling overpriced advertising to realtors that generate some of the crappeiest leads I have ever received. I tried them out for 3 months and what I got from them was garbage.

They do provide some useful information but for the most part they add very little value to the system. Certainly not a revolution.

[Fearful]

[quote=sdrealtor]What you dont understand about running an MLS is that it is not just a database. That part is cheap. Its all the other things that go on behind that which are expensive.
[/quote]

I am curious. What are some of those things?

[Fearful]

[quote=sdrealtor]What you dont understand about running an MLS is that it is not just a database. That part is cheap. Its all the other things that go on behind that which are expensive.
[/quote]

I am curious. What are some of those things?

[Fearful]

[quote=sdrealtor]What you dont understand about running an MLS is that it is not just a database. That part is cheap. Its all the other things that go on behind that which are expensive.
[/quote]

I am curious. What are some of those things?

[Author]

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