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PM Manager, early 40s, married and ENM (Ethical Non Monogamous) AMA
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Wondering what was the business model of Zillow based on? And what was their market differentiation value? Your insight is truly appreciated.
I may be misremembering, but wasn't the Zestimate fairly revolutionary early on? They were also the first real estate website/app that wasn't absolutely horrible.
This one?
The ZestimateĀ® home valuation model is Zillowās estimate of a homeās market value. A Zestimate incorporates public, MLS and user-submitted data into Zillowās proprietary formula, also taking into account home facts, location and market trends. It is not an appraisal and canāt be used in place of an appraisal.
There were (maybe still are) lots of small regional MLS companies. Zillow created one MLS to rule them all.
I strongly believe that housing market still requires further innovation. Current state is still broken. People should be able to make wiser decisions and gain more from investing in this market. But still looking eagerly for your opinions. I donāt know what can be done further!
Name sounds like pillow. It sounds soothing to me.
Nice try, better luck next time
This is actually true though