advertising
Link to jump to start of content The Seattle Times Company Jobs Autos Homes Rentals NWsource Classifieds seattletimes.com
The Seattle Times Business & Technology
Traffic | Weather | Your account Movies | Restaurants | Today's events

News, analysis and perspectives from the
technology team at The Seattle Times.
Have a news tip? Follow the links below to e-mail us.

All blogs and discussions:

Go

February 10, 2006

Zillow.com: As overheated as the market

Posted by Kristi Heim at 2:31 PM

Like the housing market, the splashy new Web site that prices homes got a little overheated in its debut. Seattle-based Zillow.com launched a beta version Wednesday to much fanfare. The 300,000 page views that hit the site in the first seven hours knocked it down for half a day.

As real estate's answer to Google, Zillow lets anyone enter a home's address and spews back the estimated value. At least Zillow's managers are being frank about the feedback. Among the criticisms from users: the estimates are off, the facts about their homes are wrong, they can't find their homes or they don't like the site.

And something about the calculation appeared to be backwards, since removing rooms or a story added value to the house. Says Seattle Times real estate reporter Elizabeth Rhodes: "I'm getting out the chain saw this weekend. Instant equity!"

Share:    Digg     Newsvine

Tricia Duryee
Tricia Duryee
E-mail|Bio


Angel Gonzalez
Angel Gonzalez
E-mail|Bio


Kristi Heim
Kristi Heim
E-mail|Bio


Benjamin J. Romano
Benjamin J. Romano
E-mail|Bio


Mark Watanabe
Mark
Watanabe

E-mail|Bio

Marketplace

advertising

advertising