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Leaving all the handiwork to the buyer, on the flip side, can sink the sales price below anything Zillow, Redfin, Chase, or any other similar online tool, could estimate. What to read next.
For the record, both Zillow and Redfin are public companies, and though it is affiliated with NAR, Realtor.com is owned by News Corp., a holding company run by media mogul Rupert Murdoch.
AVMs analyze local sales data, property records and market trends to estimate the value of your home — similar to online value estimators like Zillow and Redfin, but with more detailed data.
One of the prime differences between traditional real estate and Internet real estate is often the middleman's absence, known as a broker or a real estate agent. At times, real estate agents may be present, still dealing with customers directly from the web.
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 ...
Redfin Corporation, based in Seattle, provides residential real estate brokerage and mortgage origination services. The company operates in more than 100 markets in the United States and Canada. [ 1 ]