Metro Detroit

ZILLOW ACQUIRES TRULIA FOR $3.5B

August 23, 2014
NHE

Since the announcement a couple weeks ago that Zillow would be acquiring Trulia for an estimated $3.5B, people have been asking us what kind of effect the acquisition will have on the real estate world.  In short, very little.  You’ll now only have to visit one site for massive amounts of misleading information, instead of two.

As we blogged a little over a year ago, neither site pulls listings from the MLS and neither site fines Realtors for outdated info.  As a result, a large percentage of what appear to be active listings are actually pending, sold, expired, or withdrawn listings, and in some cases, were never available in the first place.

By joining forces, we anticipate the new mega-site will get prettier and shinier, but the content will still suck.  Don’t rely on a site like this for your new home search – it’s great for browsing and getting ideas, but if you’re serious about a new home, it will frustrate you beyond comprehension.

Instead, call a Realtor.  Work with an agent who can provide you with current and accurate listings – as well as insight, reliable market analysis and actual interaction.  If you’re into that sort of thing.  Connect with us today and let our office do the work for you!

More Articles

NHE
Metro Detroit
NEWSLETTER: SEPTEMBER 2022

GUESS WHO'S BACK? BACK AGAIN. AND AGAIN. AND AGAIN. Realtors®, that's who! And also incentives! Hooray! Until we aren't. And...

September 16, 2022
Read More
NHE
Metro Detroit
Market Update: Construction Costs vs Profit

The crew over at John Burns Consulting released a chart today, showing how construction costs have grown faster than net...

September 08, 2022
Read More
NHE
Metro Detroit
NEWSLETTER: AUGUST 2022

LAKE-ISH LIVING PURE MICHIGAN + LOCATION When it comes to sizing up a lake in Michigan, where it basically takes...

August 15, 2022
Read More

Get Expert help finding your new home

Contact An Expert Today

Sign up to receive updates on the latest news