http://www.zillow.com/
Chapter 8
Question 3
By: Shawn Bowens
Kimberly Fisher
Ashley Watson
Matthew Kertis
What is zillow.com?
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Zillow.com is a website that you can go on to
check out the value of a home, homes for sale,
Real Estate.
The website shows the appraisal of a home
through the market value of the home. This can
be obtained by how much the township has the
house appraised and the amount of taxes the
owner pays on the house.
What zillow.com offers?
 Home
Buyers: Find homes for sale
 Home Sellers: Sell Real Estate
 Homeowners: Check home values
 Professionals: Market Listing for free
Enter the address of someone’s
home (my parents’) and obtain an
appraisal of it.
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The appraised value of my parents house was
accurate with the fair market price for the
house.
Zillow.com also provided me with the appraisal
of the surrounding homes.
The date the house was built, how many
bedrooms and baths were also provided by the
website.
Do you think this site violates
anyone’s privacy?
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Our group feels that this site does not violate
the privacy of the owners or anyone else.
The information that the site gives is all public
information.
Anyone can obtain the information simply by
going to their township and requesting to see
the taxes and the given of a particular home.
What is Web 2.0?
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A Web 2.0 is generally a loose cloud of
capabilities, technologies, business models, and
philosophies that characterize the new and
emerging business uses of the Internet.
Find and describe features that
demonstrate that Zillow.com is a
Web 2.0 Company.
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The software is used as a service. Home Buyers:
Find homes for sale. Home Sellers: Sell Real
Estate. Homeowners: Check home values.
Professionals: Market Listing for free.
The business relies on advertising or other
revenue-from-use, because if a product requires
advertising to be successful, then it is not a Web
2.0 product.
Explain why this site might be
considered a threat by traditional real
estate companies.
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The traditional real estate companies would be
considered threatened by the Zillow.com.
The traditional real estate companies did not
have the technology that Zillow has know.
There is a lot more information that Zillow has
for their viewers compared to the traditional
companies.
Explain why this site might be
considered a threat by traditional real
estate companies. (continued)
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The Zillow website is extremely convenient to
use while providing a large amount of
information.
How might real estate agents use
this site to market their services?
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Real estate agents would be able to use this site
to market their services by having a large
amount of available customers.
The internet provides the real estate agents to
market their services for a cheap price while still
connecting to a large crowd.
The website provides real estate agents and links
to their services.
How might real estate brokers use
this site to advantage?
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Real estate brokers can use this site to their
advantage by being able to have a lot of
information given to them very easily.
The website does a lot of the hard work and
research for you.
It is very time consuming to research everything
about the homes with out the Internet.
How might real estate brokers use
this site to advantage? (continued)
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The real estate brokers can even have their customers
use this website and show the information that they
need on a particular house or property.
The customer would be able to search many homes at
his or her convenience with out leaving home.
The broker would be benefited by this and even have
more time on his hands for other customers.