Seems like the past few years there has been a tussle brewing between those working in Real Estate and the Internet. This season of “creative destruction” has been somewhat painful to watch quite honestly. A case in point is the Zillow “cease and desist” order The Phoenix Real Estate Guy talked about over the weekend.
Now CNN Money has reviews on the latest tools available on the Internet for home buyers and sellers. Of course all of these tools affects Realtors. Here is the link. Below is the summary:
1. Iggys House offers a valuable service for owners who want to sell their homes themselves: free access to the multiple listing service (MLS).
2. Zillow
3. StreetAdvisor.com enables user to both read and write reviews and comments about the street where they live.
4. Zaio is a new company that works with appraisal firms all over the country that employ physical inspections for all the properties they evaluate. This should produce accurate appraisals that will be regularly updated as home prices change. The appraisal will be available, for a fee, to consumers online.
With statistics showing that over 80% of consumers begin the real estate search process on-line (source: NAR), you can understand why the tussle over the Internet is so important.
Welcome to the Arizona Mortgage Guru blog, a great resource for all your home financing needs. If you're new here and like the content, you can subscribe to my RSS feed to get regular updates on all things related to mortgages. Thanks for visiting.
New ZiIllow features
So many valuation tools so little time
Keep track of the Phoenix Real Estate Market
Related posts brought to you by Yet Another Related Posts Plugin.
on Apr 16th, 2007 at 4:08 pm
*Love* the new look!! Welcome to WordPress. I think you’ll like it (most of the time. Sometimes it will drive you bonkers.)
Thanks for the linkage…
on Apr 20th, 2007 at 2:04 pm
[...] Real Estate and the Internet [...]