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Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
Barton, raised in New Canaan, Connecticut, is the son of a teacher and mechanical engineer. [7] He graduated from Stanford University in 1989 with a degree in engineering. He first worked for Alliance Consulting Group, and in 1991, began working for Microsoft as product manager for MS-DOS 5.0.
Trulia is an American online real estate marketplace which is a subsidiary of Zillow. It facilitates buyers and renters to find homes and neighborhoods across the United States through recommendations, local insights, and map overlays that offer details on commute, schools, churches and nearby businesses.
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MyNewPlace was founded by John Helm in 2005, and went live in May 2006 with 6 million apartment listings nationwide. [1] The San Francisco-based company operates on a Pay-per-Qualified-Lead pricing model, in which apartment managers pay only when renters contact them through their listings on MyNewPlace.
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Real estate agents often profit by absorbing a certain percentage of the final sale or rent price as commission. There are cases where commission percentage hits a figure of 6% in America. [ 7 ] Internet real estate reduces the cost of an agent and conserves time spent relaying amongst three parties.
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