Comments on: Zillow continues to roll… http://howardlindzon.com/zillow-continues-to-roll/ TRENDS - Find them, ride them and get off! Stocks, venture and civilization. Thu, 18 Mar 2010 05:32:30 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Charleston RE Blog http://howardlindzon.com/zillow-continues-to-roll/comment-page-1/#comment-10778 Charleston RE Blog Fri, 08 Dec 2006 20:51:57 +0000 http://howardlindzon.com/?p=1436#comment-10778 Howard, first of all, I am a realtor and my name is Howard also. But...disruption possibilities could be good for both the consumer and the agent. Sure, many old line agents would prefer to keep all the info hidden, show only their listings and do all the old things - hey, they may as well bring back the paper mls books. The agents of tomorrow embrace technology and prefer an educated consumer. Now to Zillow, it is a great big move by them. As to Make Me Move, it's wonderful fun. Zillow will get lots of listings from consumers and agent listings and they'll get lots of eyeballs which is their intent because it's ad supported. Now to (Z)estimates, this has been a big joke and will likely get much worse unless Zillow can get better statistical info. Quick example, I live in a very popular subdivision, construction started in 2001, currently over 400 homes built and 100 + transactions new and preowned in each of the last 4 years. Ask Zillow for my house's value, they can't even find the neighborhood. It doesn't exist. So how can I believe any of the (Z)appraisals. Take any street in America, 2 similar properties via square feet, one is in pristine condition, has lots of upgrades and has a terrific view. The other is bare bones. Take a bet on what Zillow will have to say about value. The agent has info and can interpret it for his client. It doesn't have to be a win for the agent at the expense of the client. Thanks, Howard Arnoff Charleston Real Estate Blog Howard, first of all, I am a realtor and my name is Howard also. But…disruption possibilities could be good for both the consumer and the agent. Sure, many old line agents would prefer to keep all the info hidden, show only their listings and do all the old things – hey, they may as well bring back the paper mls books. The agents of tomorrow embrace technology and prefer an educated consumer.

Now to Zillow, it is a great big move by them. As to Make Me Move, it’s wonderful fun. Zillow will get lots of listings from consumers and agent listings and they’ll get lots of eyeballs which is their intent because it’s ad supported. Now to (Z)estimates, this has been a big joke and will likely get much worse unless Zillow can get better statistical info. Quick example, I live in a very popular subdivision, construction started in 2001, currently over 400 homes built and 100 + transactions new and preowned in each of the last 4 years. Ask Zillow for my house’s value, they can’t even find the neighborhood. It doesn’t exist. So how can I believe any of the (Z)appraisals.

Take any street in America, 2 similar properties via square feet, one is in pristine condition, has lots of upgrades and has a terrific view. The other is bare bones. Take a bet on what Zillow will have to say about value.

The agent has info and can interpret it for his client. It doesn’t have to be a win for the agent at the expense of the client.

Thanks, Howard Arnoff
Charleston Real Estate Blog

]]> By: Redeye VC http://howardlindzon.com/zillow-continues-to-roll/comment-page-1/#comment-10690 Redeye VC Fri, 08 Dec 2006 00:17:03 +0000 http://howardlindzon.com/?p=1436#comment-10690 <strong>Deja vu...</strong> I've been watching with amusement the blogosphere's reaction to Zillow's recent announcement of their new Make Me Move feature. According to their press release: ...any homeowner can now post a Make Me Move price...A homeowner can easily post a Make... Deja vu…

I’ve been watching with amusement the blogosphere’s reaction to Zillow’s recent announcement of their new Make Me Move feature. According to their press release: …any homeowner can now post a Make Me Move price…A homeowner can easily post a Make…

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