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Thursday, 9 February 2006
What's Zillow? Zillow Ready to Give an Edge to Realty Buyers and Sellers
Topic: Fix Broken Real Estate

People, Zillow.com has arrived. It is here to take on the realty giants. It is liberating and democratizing the whole real estate market. Buyers and sellers are not tied to the real estate agent's whims and caprices any longer. Welcome Zillow.com! Homeowners and realty buyers and sellers welcome your moves.

Zillow.com is backed by two well-known VC, venture capital firms, Benchmark Capital and technology Crossover Ventures. In addition, it has a dream team of engineers and dedicated employees under the direction of Expedia's founder, Rich Barton. This company has already raised $6 million dollars. Based on the success that Barton created with Expedia, one can already see the signs of success that will come to Zillow.com. After all, it makes sense because there are more consumers than there are real estate agents and big realty companies that have been oppressing and dominating the real estate market. The more players there are, the better it is for the consumer. Now, not only will we be able to know our home values with Zillow, we will also know our neighbors' ones. All of this is for free. No more need to enter private information or fill out forms that take an eternity! All of that was so a real estate agent could contact us by phone. So, you can imagine what this niche market will mean for homeowners, buyers and sellers. There is no doubt that Zillow is going to be the place to be. Marketers will want their products to be featured there too.

Real estate brokers will have to change their ways when dealing with consumers. They will have to take off the veil. They will have to be as clear as possible about their fees. No wonder that the DOJ filed a lawsuit against the national association of real estate for obstructing competition, threatening to lock in outmoded business models and inflating real estate prices. Zillow.com will go straight to the heart of Housevalues.com, Cendant and Multiple Listing Service which tend to protect brokers' standards and paycheck.

So What's Zillow?;

Zillow, Inc. is a consumer online real estate service (Zillow.com), created by a group of Internet veterans from Expedia, Amazon.com and Microsoft Corp. Zillow, Inc. was founded in early 2005, with corporate headquarters in Seattle, WA.

Expedia helped travel agents out of work. Zillow.com will put real estate brokers out of work soon. Huge realy companies and brokers' reign of terror will be over soon with Zillow

Zillow, Inc. 999 3rd Avenue Suite 4100 Seattle, WA 98104 Phone: (206) 587-0414 Fax: (206) 587-0408


Posted by Fashionista Shopping Analyst at 3:29 PM EST
Updated: Thursday, 9 February 2006 3:51 PM EST
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