Why No One Talks About Houses Anymore

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How Zillow Can Help Realtors in the New Information Age. The impact of Zillow on the real estate industry has journalists and real estate investors debating on it’s significance. Zillow is revolutionary in that it fills an informational crater that prospective buyers need addressed before purchasing a new home. The demand for information was so great that the website crashed due to overloaded servers the first day it was launched. This is the new information age, where data and information are at your fingertips in seconds. The real estate industry needs to embrace the new age of information. Real estate agents need to take advantage of the technology at hand and use it to boost their knowledge and earning potential. According to a survey in 2002 about 63% of realtors have a personal website. In addition to running their own websites, almost all real estate agents use email to communicate with their clients. The information given by Zillow is above and beyond what most people are able to find using traditional methods. Thanks to Zillow everyone is now able to do their own home appraisal. There is a wide variety of property information given by Zillow, Including price increase/decrease and tax information.
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Zillow provides users with maps and GPS locations on every house listed in a prospective buyers area. There’s even a tool for showing how long a house has been on the market which can give insight on whether or not people are interested in the listing. Tools that provide timelines as to how long a specific house has been on the market can be of great use to users and real estate agents alike. Zillow can provide a wealth of information from square footage, to lot size, and every important detail you may need to know. Convenience is an overlooked commodity and it’s the key feature to the success of Zillow. With websites like Zillow making the search for new homes so convenient it’s no wonder they’ve become a huge success.
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Will Zillow one day dominate the real estate market, or will real estate agents and brokers evolve in an ever changing business model. The debate between journalists and real estate agents about Zillow has been on the rise. Some real estate agents wish there was more they could have done to provide information to clients in a better, more easily accessed, manner. Some feel that it’s the brokers and real estate agents fault for not providing information in a similar manner to Zillow before sites like these were made. The existence of Zillow should serve as a reminder to real estate agents that they need to change with the times to better understand customer needs. Real estate agents need to be competitive in this age of information by providing clients with the same tools and features found on sites like Zillow. In this ever growing world websites like Zillow serve as a reminder to always look forward and strive toward innovation.