Zillow.com….THE future of residential real estate… just add social networking…
5% commission for what? Now I can do my own MLS listing for $800 which will generate lots of buyers…I can make a sign and do the paperwork…the only leveragable thing left for the agent / broker value proposition is community information and risk management between buyers and sellers that don’t know each other.
Oh no…its Zillow.com + social networking!!
If you are buying / selling real estate…u have to check out Zillow.com. It is THE informational future of real estate. Although only available in US right now….there are +18,000,000 listings with a set of research tools like nothing your agent / broker has even seen:
Zillow has interactive / zoomable maps showing information on every home in the USA including:
- Exact location
- Estimated Value of that house and all the houses in the area
- 3/ 5/ 10 year pricing trends for area (total and $ / sf2)
- Community stats like age / families with children
- Some pictures
Right now Zillow still pushes “leads” over to the brokers (using more pictures and content to get buyer to follow link to broker site). With Zillow in the mix…I would propose the only thing missing is some social networking to build trust between buyers and sellers…some intermediary for the transaction…hmmm…where could we find an entity that could do that…
Try Zillow.com…what do you think?
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Don't forget that real estate is a very litigiuos profession. A professional mitigates the legal issues that can result from a transaction of non professionals. Fact's show that most of the time a professional can yeild a seller more $$ than them selling by owner direct. These are 2 of of many reasons... and I'm NOT a realtor.
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Real estate is a big business deal that makes many people rich. But if you are buying or selling a real estate you should check out in zillow.com. This site gives them more information to the real estate. Now the service of this site is available only to United States only. This web site gives information such as exact location, estimated value of that house and the area, almost three to ten years pricing trends of that area and also this site gives some pictures of that area.
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That is a really cool map but, it seems like zillow is not the way to go. I really don't like something that seems dishonest whether it is or not. A lot of advertising is by word of mouth so, you can only go by what you hear most of the time.
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I would propose the only thing missing is some social networking to build trust between buyers and sellers…
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