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The Zillow house-hunting app app is the most downloaded real estate app on the Apple store and Google Play — and for good reason. Its database constantly updates and has 36 million users monthly.
Redfin was founded in 2004 by David Eraker, Michael Dougherty, and David Selinger. Eraker had dropped out of medical school at the University of Washington for a career in software design and Dougherty received degrees in electrical engineering and international studies from Yale University.
Typically, though, estimators use local real estate databases and records for past sales, taxes and user-submitted data. Read more: Car insurance rates have spiked in the US to a stunning $2,150 ...
The real estate company has reduced expenses and discontinued unprofitable ventures to adapt to the tough environment. It has also implemented changes to attract more agents to its platform as it ...
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Walk Score, a subsidiary of Redfin, provides walkability analysis and apartment search tools. Its flagship product is a large-scale, public access walkability index that assigns a numerical walkability score to any address in the United States, United Kingdom, Canada, and Australia.
Both are real estate tech stocks aiming to disrupt the massive real estate industry. They have a lot of exposure to the housing market, which has sunk both stocks in the post-pandemic slump.
The product of an automated valuation technology comes from the analysis of public record data and computer decision logic combined to provide a calculated estimate of a probable value of a residential property. An AVM uses a combination of two or more types of evaluation, - but most commonly, a hedonic model and a repeat transaction index. The ...
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