Credit Where Due

May 20, 2007  |  Michael Wurzer

Bernice Ross posts over at Inman Blog today that Saul Klein explained at the NAR mid-year conference what Greg Swann has been saying for months:

Right under our noses, Zillow.com has effected a similarly radical shift in the way we think about real estate databases. All of the dead-bots-walking I named above — Trulia, PropSmart, Google Base, Realtor.com, and every local MLS system — every one of them treats data in the same way: There is an on-going application that will be effected using temporarily-stored data.The Zillow.com paradigm is exactly the opposite: We are accumulating a database of permanently-stored data that can be deployed for any number of temporary, interchangeable applications.

I’ve previously explained why I think Zillow’s “entered only here’ approach actually is old school, and not revolutionary, but I also think credit should be given where credit is due.  Greg explained Zillow’s approach long ago and anyone who missed it just needs to read more or better.

(Oh, yeah, I almost forgot, also announced at mid-year, Zillow apparently is now trying to work with brokers on listing data feeds.  That’s certainly an interesting development and one on which I’ll be interested to hear Greg’s views.

P.S.  I missed the mid-year convention this year to be with my family, and I was surprised how much I personally missed being at the event.  At first I thought it wouldn’t matter, but the mid-year show is a great place to hook up with our clients and friends, and stay on top of what’s going on in the industry.  I do love this business!)

2 Responses to “Credit Where Due”

  1. Greg Swann says:

    Thanks, Michael. The truth is, though, I’d much rather the NAR were attending to its own knitting, rather than Zillow’s. Realtors live in a demon-haunted world, but every one of those bogeymen is birthed in NAR attempts to throttle free trade.

  2. What Zillow is doing is not revolutionary, or even original.

    HomeGain had an instant homevaluation tool back in 1999!

    HomeGain recently relaunched its free tool last month and will add upgrades later this week.

    Check it out at http://www.homegain.com

    For the significant differences between what HomeGain is doing and what Zillow is doing see “Why HomeGain Beats Zillow”

    http://www.futureofrealestatemarketing.com/why-homegain-beats-zillow