Zillow [NASDAQ: Z] is an online real estate marketplace and information center for homebuyers, sellers, renters, landlords and real estate professionals. Zillow.com contains a database of more than 100 million homes from all over the country, which is a conglomeration of real estate listings and home sales information that can be used for comparison purposes.
Founded in 2005 and launched on the World Wide Web for the first time in 2006, Zillow heralded in its one millionth visitor in just two days. The website, full of data and information meant to empower prospective homebuyers and renters, is currently ranked as the 104th most popular site in the United States, according to Alexa, a web traffic reporting company.
Tools & Resources Useful To Homebuyers from Zillow
In addition to the vast real estate database, Zillow.com offers a multitude of other useful tools and information at no cost to the visitor as well. Visitors can view the selling price of homes for sale and for rent, the value of homes in the area and even an aerial view of each property listing. Furthermore, Zillow.com brings together potential homebuyers with mortgage lenders in their ?Mortgage Marketplace? where potential homebuyers can request mortgage quotes from a large list of available lenders. Zillow?s ?Zestimate? program provides prospective sellers with an algorithm-generated home valuation tool for an estimated market value of their home.
Visitors can browse through professionally-offered advice for answers to real estate and mortgage questions, as well as make their own inquiries using the site?s ?Ask a Question? tool. For even more information on the housing market, the site offers up-to-date real estate market reports for cities all over the nation, and a blog full of tips, advice and market trends. In recent years, Zillow has taken their services mobile, with Zillow Mobile apps for iPhone, iPad, Android and Blackberry. Mobile visitors can now browse homes for sale, see ?Zestimate? values and inquire about a mortgage while on the go with these convenient applications.
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See also:
Zillow To Begin Listing Homes For Rent
Have Overpriced Home Values Prolonged a Recovery?
Can Homebuyers Trust Online Real Estate Valuators?
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Source: http://www.newhomessection.com/blog/zillow-real-estate/2012/03/20/
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