zillow
What is Zillow and should realtors be afraid?
Zillow.ca is unlikely in 2008, but should be on the short list of international expansion. Zillow represents itself as a real estate media company, a kind of national real estate marketplace.
Should Canadian realtors be afraid of Zillow? Ian Watt asks the question and the Zillow rep does some skillful dancing. What do you think?
Regina Lewis-Fox News Channel-Real Estate Tips & Trends
Here is a story from Fox news which explains Zillow and how their "zestimate" works. If the mainstream media is now pumping out information about sites like Zillow, how are Realtors going to react and retain their relevance? It would seem that the fate of travel agents in a world of on-line bookings has not quite arrived yet, but sites like Zillow are making it a lot easier to get comparable sales prices, with or without the help of an agent.
This is a big help to the "for sale by owner" crowd. Now, the question is, who can or will do the same in Canada?
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