Zillow is an American online real estate marketplace that was launched in 2006. It is a platform that connects buyers, sellers, and renters with real estate agents and properties across the United States.
The platform is designed to make the home buying and renting process easier by providing access to information about properties, home values, and real estate trends.
One of the key features of Zillow is its database of over 110 million homes in the United States. Users can search for properties by location, price, and other criteria, and view photos, virtual tours, and other details about the property.
Zillow also offers an estimate of the home’s value, known as the “Zestimate,” which is based on a proprietary algorithm that takes into account various factors such as location, size, and recent sales in the area.
In addition to providing information about properties, Zillow also offers resources for home buyers and renters. The platform has a mortgage calculator that can help users estimate their monthly mortgage payments based on the price of the home, interest rates, and other factors. Zillow also has a directory of real estate agents who can help users buy or sell a home.
For homeowners who are interested in selling their property, Zillow offers a feature called “Zillow Offers.” This is a service that allows homeowners to receive a cash offer for their home from Zillow, without having to go through the traditional process of listing their home on the market. If the homeowner accepts the offer, they can sell their home directly to Zillow and avoid the hassle of staging their home for showings, negotiating with buyers, and dealing with the uncertainty of the traditional home-selling process.
Zillow also offers a mobile app for iOS and Android devices, which allows users to search for properties, view photos and virtual tours, and track the value of their own home. The app also includes a feature called “Zillow 3D Home,” which allows users to create a 3D tour of their home using their smartphone or tablet.
Overall, Zillow has become a popular and trusted resource for home buyers, sellers, and renters in the United States. Its extensive database of properties, proprietary algorithms for estimating home values, and other features have made it a go-to platform for anyone looking to buy, sell, or rent a home.