It was bound to happen: A homeowner has filed suit against online realty giant Zillow, claiming the company’s controversial “Zestimate” tool repeatedly undervalued her home, creating a “tremendous road block” to its sale.
Zillow launched a new first-time homebuyer website at RealEstate.com today, geared toward Millennials. On the site, buyers can search for homes by the monthly payment and down payment they can afford.
Zillow Group announced yesterday that Bridge Interactive has added more than 10 multiple listing services (MLSs) representing more than 180,000 agents to its growing customer base.
For some agents, the national listing portals are great marketing tools; for others, a necessary evil; and for yet others, an attempt to pick their pockets. But a new listing platform expected to launch in the third quarter of this year could change the way brokerages and agents interact with those portals.
The claws come out among Realtors.
With interest rates and home values on the rise, the typical monthly mortgage payment now requires more of the average household income than it has anytime in the previous six years, according to a report released today by Zillow.