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Zillow has stated that it is a media company that generates revenue by
selling advertising on the Web site.2 In April 2009, Zillow announced a
partnership to lend its real estate search engine to the Web sites of more than
180 United States newspapers as a part of the Zillow Newspaper Consortium.
Zillow shares advertising revenue from the co-branded sites with the newspapers
and extends its reach into local markets.3
In February 2011, Zillow and
Yahoo! Real Estate launched an exclusive partnership creating the largest
real-estate advertising network on the web, according to comScore Media Metrix.
On April 29, 2009, Zillow released an iPhone application. Using the iPhone's
GPS, the app pinpoints a user's location and shows nearby homes on aerial maps.
The app also shows estimated home values, historical property records, for-sale
listings, and photos. Zillow's app has data on 95 percent of the homes in the
country.2021
On November 27, 2013, Zillow released Windows 8.1 application.
You can do everything you would expect, such as search for available places,
view details, and see the ˇ°Zestimate.ˇ± Beyond that they have embraced Windows 8
with some new native features. There is a live tile that will update with
availability pricing info.22
On July 13, 2012, Zillow released Windows Phone
application. Using the WP GPS, the app pinpoints a user's location and shows
nearby homes on aerial maps. The app also shows estimated home values,
historical property records, for-sale listings, and photos. Zillow's app has
data on 95 percent of the homes in the country.23
On March 18, 2010, Zillow
introduced an Android App. The app uses GPS to find and follow users on an
aerial map, and displays home values, home details, historical data, for-sale
and for-rent listings, photos and recently sold data on the homes around them.
Home shoppers can filter their home searches by sale price, rental price, number
of bedrooms/bathrooms and listing type. Users can also search for homes and
neighborhoods using the Android's voice search.24
On April 2, 2010, Zillow
launched the Zillow on iPad App.25 The app enables one to search and browse
cities and neighborhoods on a touch-screen map with rental and purchase
information on all homes. Features include map-based searching, viewing large
images of multiple homes side-by-side; flick through preview photos of home
versus another, or pick a home and browse large images.
On March 31, 2011,
Zillow launched a Blackberry App. The location-based app shows users home
valuations, for-sale and for-rent listings, recently sold data and allows people
to filter searches and see results on a map, satellite and street view.
Zillow determines an estimate ("Zestimate," pronounced "ZEST-imate") for a home
based on a range of publicly available information, including sales of
comparable houses in a neighborhood.3334 Zestimate does not take into
consideration home-specific factors like recent remodeling, although there is an
option to update the information for a particular home. The accuracy of the
Zestimate varies by location depending on how much information is publicly
available, but Zillow allows users to check the accuracy of Zestimates in their
own region against actual sales.35 In many U.S. states, information on the
transfer prices of real estate is readily available and accessible by the
general public and is not exclusively held in realtors' databases.
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