August 2009

There are 1 blog entries for August 2009.

Realtor.com recently announced their intention to become a larger part of the transaction life cycle by adding public records and other information. Seemingly, they are adopting a model very similar to Zillow.com.  Having tracked Zillow's strides in visitor traffic over the last 9 months, it's clear that they are doing something right.  Zillow has become one of the top ranked real estate websites within the last 9 months according to Hitwise; closing in on Realtor.com's once lofty, dominant reign. Certainly, the quest for consumer eyeballs is a goal that all websites strive to achieve.  However the real estate agent does not make its money from higher website traffic alone.  Do valuation models and sold data serve any monetized value to the broker or…