Bravo festival south vmc. The top platform of real estate will enter the Canadian real estate market. The historical deadlock is likely to be broken. Zillow Group, the largest real estate information and search engine in the United States, will start publishing Canadian homes and real estate for sale on its website next year.Please Visit: Bravo festival south vmc to Get Your VVIP Registration Today!
Founded a decade ago, Zillow Group owns Zillow.com and Turlia.com (similar to Zillow.com, which provides more community information such as schools and crime rates), Realestate.com (for first-time buyers and young people), StreetEasy.com (New York City), and rental sites HotPads.com and NakedApartments.com.
It has 170 million users, equivalent to more than half of the population of the United States. Headquartered in Seattle, it has the best technology in the world.
The industry giant is coming to the Canadian market, which has a population of only 36 million, and its advantage over local real estate agencies can be said to be overwhelming.
What makes the local real estate market even more shocking is that the real estate released by Zillow’s website has always disclosed its historical transaction prices!
In other words, Americans look for a house online, and any real estate clearly lists the historical transaction price, which is clear at a glance.
Now, this company is going to release Canadian real estate in the same way. At that time, the information that Canadian residents are looking for can be easily found on the Zillow website.
Because the United States has always been one of the three traditional foreign buyers of Canadian real estate, Americans are also the largest overseas buyers of Canadian entertainment properties, according to Royal LePage.
Once the top platform Zillow enters the Canadian real estate market and is fully displayed to hundreds of millions of American users, it is likely to have an impact on the supply, demand and prices of Canadian real estate.
Zillow spokesman Emily Heffter confirmed the news this week, saying in a statement: “We know that there are many buyers in the United States who are interested in buying houses and properties in Canada, so we are trying to launch Canadian properties on Zillow.”
In fact, Zillow intended to launch Canadian properties as early as four or five years ago, and set up a software research and development department in the town of Yaletown in Vancouver in 2014.
Samuelson added that many Americans will be interested in homes for sale in Canada. For example, prices in Atlantic provinces are very reasonable to Americans, and Boston residents who buy a vacation home in Maine may not know that they can buy two in Nova Scotia at the same price.
According to reports, Zillow plans to release Canadian real estate from the first quarter of 2018. There is no charge for posting on the Internet! The website makes money from advertising.
1. Some software products of Zillow Group can successfully help real estate agents find interested buyers, such as customer relationship management (CRM) database and electronic signature tool DotLoop.
two。. Valuation system: Zestimate. In the United States, 110 million properties have been valued through Zestimate. It is reported that Zillow will also provide this function for Canadian properties, using computer algorithms to evaluate the latest valuation of each house.
The algorithm will provide the Canadian house valuation range, the best valuation (single price), nearly one-year valuation and charts, showing the price trend of a house compared to the community and the city.
At present, the platform’s valuation of American homes is very accurate, with about half of the valuations less than 4.3% less than the actual price of the house.
3. 3D house display app Zillow Group Home Capture, real estate agents can use iPhone phones to take panoramic pictures of each room, “similar to the house of Google Street View, to give users an immersive effect.”