Zillow is the disruptive technological force in the real estate business. Information used to be fragmented and controlled closely making real estate agents knowledge guru’s.
Real Estate information is frequently about price and value. This information is now readily available to anyone who can search and surf.
Zillow will soon be able to demand their own price and essentially tax all agents seeking a transaction.
The technology behind the concept is not that tricky. It’s merely the application that is innovative. Therefore IT Costs are not high.
George Gutowski writes from a caveat emptor perspective.