Tag

Zillow

Automated Valuations on Cyberhomes, Zillow, etc.

Wrong Number(s) Real estate Web sites like Trulia, Zillow, and Cyberhomes now all offer some version of what are called “automated valuations.” That is, they crunch publicly available records and generate an estimated fair market value for millions of homes nationally. How accurate are they? Put it this way: if you can find a Seller...
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Zillow & Social Networking

Is Zillow Getting Smarter?I’ve discussed third-party real estate sites such as Zillow and Trulia previously on this blog (“Trulia Hits — and Mostly Misses“; “Zestimates Wildly Off-Target“). The verdict? In most cases, you’d be better off throwing darts to establish your home’s value. That’s because publicly available housing statistics — and dated ones at that...
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Taking Trulia for a Spin

Trulia.com Hits — and (Mostly) Misses Like Zillow.com, Trulia.com promises to arm prospective home buyers with reams of data about homes for sale. Buyers can search by property type, price, square footage, zip code, etc.; get information about schools and other community info; and even pose questions to the Trulia. com “community” that generate email...
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Has the Internet Peaked?

Old-Fashioned TechnologyMakes Real Estate Comeback “Nobody goes to that restaurant anymore. It’s too crowded.”–Yogi Berra Yogi Berra could easily say the same things about the Internet today, especially with respect to real estate. Consider: –Online photos are now routinely so overly-flattering, you literally don’t recognize the home when you’re standing in it. –Facebook and MySpace...
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