Yahoo Real Estate and Zillow Team Up

In an interesting move, Yahoo Real Estate has worked out a deal with Zillow to provide access to the new information site. While still in Beta and not fully prepared to be a definitive indicator of housing value, Zillow is becoming a force in the online real estate world. When Zillow gets out of beta, it now has the presense with this deal to be a dominant force and drive a great deal of traffic and advertising dollars through the site.

Visitors to Yahoo Real Estate can now use Zillow’s software to look up and compare real-estate values, Yahoo announced Wednesday. Along with an approximation of a home’s value, the Zillow software provides indicators showing value fluctuations over the past week, as well as graphs that chart changes over the past year.
Not everyone can find their home value through Zillow or its partnership with Yahoo Real Estate, however. While data on more than 65 million homes is available, some states–such as Indiana, Texas and Louisiana–are left out entirely due to nondisclosure laws, and some counties and individual homes are not yet in the database.
Seattle-based Zillow was launched in February 2006 by two members of the original team behind travel site Expedia: Richard Barton and Lloyd Frink. It uses a proprietary formula based primarily on public records to generate its “Zestimate” of a home’s approximate market value. From that, it can create a “Zindex” median house value for a given geographic area on a particular day.

Yahoo Real Estate strikes deal with Zillow | Tech News on ZDNet.

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  4. The War Between Online Real Estate Information and The MLS

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    • My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
      Brandon | 20Mar10 | More
    • I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
      Bill Hernandez | 19Mar10 | More
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      Austin Mortgage | 19Mar10 | More
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      Austin Mortgage | 19Mar10 | More
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