Zillow Get’s $25 Million More

Published by Joseph Ferrara July 25th, 2006 in Advertising and Residential Real Estate.

Hey, what are these guys up to?

See the techcrunch post for more info.

6 Responses to “Zillow Get’s $25 Million More”

Feed for this Entry

1 Larry Cragun Jul 25th, 2006 at 2:41 am

What is next? What is next? Who is next really. First House Values.com and Electronic Appraisal. Next who knows? Let me guess - ForSaleByOwner.com. Larry Cragun, just a guess.
2 Broker in L A CA Jul 25th, 2006 at 7:54 am

HousesValues.com is a “lead-trapper”. Users fill out a form with their information and the lead is sold to a subscribing real estate broker. Some brokers pay big $$ for leads coming thru this kind of service.

ElectronicAppraiser.com will sell you a property report for $29, or you can fill in the form for a broker to contact you. So Electronic Appraiser evidently make their income from both selling leads to brokers, and selling property reports.

It would seem Zillow is relying solely on advertising (note their new financing tab) to create an income stream.
3 sellsius° Jul 25th, 2006 at 9:40 am

If you were to ask a neighbor what the value of a house on the block is worth, my guess it would be more accurate than Zillow. So I say the next house value website will be “AskANeighbor.com”
4 Larry Cragun Jul 25th, 2006 at 10:09 am

To broker in L A Ca: You are correct. However, my point was that both took a big hit the night Zillow went live. Whatever is next for Zillow will have the same result for some poor company. Larry Cragun
5 Broker in L A CA Jul 25th, 2006 at 2:41 pm

Larry, Gotcha. Zillow has shown folks that they can obtain the information instantly, anonymously, and for free. Anyone outside of that business model will take a hit.

Have you tried the Zillow-look-alike, Real Estate ABC?
http://www1.realestateabc.com/home-values/
6 dave Jan 30th, 2008 at 7:40 pm

I don’t know how they are making money. EZ ads is a joke. Active Rain and Trulia are much better sites in my opinion.