Thursday, May 3, 2012

What is Zillow.com?

What is Zillow.com? 
If you are a real estate professional you probably know about the website Zillow.com. But for the benefit of those who don’t know what Zillow is, it is a real-estate website which is dedicated to giving its hundreds of users tons of information about almost any property in the United States. 


It helps realtors, buyers and sellers educate themselves and be aware of as many details as possible that have to deal with buying a potential home, or in selling a home. It is for this reason that Zillow is the most popular real estate website and why many people make use of it. 


There are hundreds of real estate sites on the internet. Another site is Realtor.com – a great website that lists homes for sale by realtors from all over the United States. 




This is where Zillow.com comes in because it does a good job in completing or filling in the information holes that Realtor.com leaves. Some states have better Zillow coverage than others. 


Currently in the state of Tennessee, Zillow.com brags of its 80-100% coverage. There is about 67 million homes across the United States that Zillow.com covers. 


The best thing about Zillow.com is it’s Zestimate. Zillow uses data that has been combed from public records to determine the square foot of a home, how many rooms it has and then integrates all of this information with the selling prices of recently sold homes within the area in order to determine the Zestimate of your home. 


But what Zillow cannot do here is to determine the added value of extra features of the home like a recently added jacuzzi or upgraded siding and windows. Zestimate is a little controversial because many realtors feel that the estimate they get is not accurate and may give potential home sellers biased expectations when it comes to the value of their home. 


Another thing about Zillow is you don’t need to register to use Zestimate but if you need to update the profile of your home you do have to register. Once you’re signed in you can edit your home’s profile anytime. Any details you can add about your home will allow Zillow to make the Zestimate more accurate. 




Zillow is always adding features to make their website a lot better and useful for everyone. Are you trying to sell your house? Zillow allows its users to list their home for free on the website. And there is also the “Make Me Move” feature which lets you put the amount or budget you need to pack up and move then wait for the offers. 


If you want to know how desirable your home is you can use this feature. There are many reasons why people like Zillow too. Because it starts conversations, it increases awareness and it allows the consumer to get a jumping off point before they set out on their buying or selling venture. 


So Zillow is an especially handy tool for buyers, sellers and realtors right? Not only is Zillow a resource to help market your homes or properties to an even wider audience but it also gives you a better chance of a sales success.


Source:  http://www.openingdoorsllc.com/

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