About Zillow (adapted from Zillow prospectus):
Zillow is the leading real estate information marketplace. They provide vital information about homes, real estate listings and mortgages through their website and mobile applications, enabling homeowners, buyers, sellers and renters to connect with real estate and mortgage professionals best suited to meet their needs. Zillow claims: "We are transforming the way people make home-related decisions. Zillow provides consumers and real estate professionals an edge in real estate."
Zillow commits to give consumers free access to as much useful information as possible. Their living database of more than 100 million U.S. homes - including homes for sale, homes for rent and homes not currently on the market - attracts an active community of users. Individuals and businesses that use Zillow have updated information on more than 28 million homes and added more than 60 million home photos, creating exclusive home profiles available nowhere else. These profiles include rich, detailed information about homes, such as property facts, listing information and purchase and sale data. Zillow provides this information both through their website and mobile applications that allow consumers to access our information when they are curbside, viewing homes.
Using complex, proprietary automated valuation models, they provide current home value estimates, or Zestimates, on nearly 100 million U.S. homes, and current rental price estimates, or Rent Zestimates, on nearly 100 million U.S. homes.
Consumers increasingly are turning to the Internet and mobile devices for real estate information. During May 2011, 22.0 million unique users visited the Zillow website and mobile applications, representing year-over-year growth of 102 percent. Zillow operates the most popular mobile real estate applications across iPhone, iPad, Android and BlackBerry. During May 2011, Zillow was used on a mobile device more than 8.8 million times, with more than 1.7 million homes viewed on mobile devices each day.This description is adapted from Zillow prospectus. This description is not intended to be a recommendation to buy stock from this company. We do not claim that all of the statements above were researched and found to be true. We present them as a general description based on what the company has said about itself at the time that they submitted their prospectus for an IPO offering. To see the company's full description, view their prospectus..