Zillow Goes Public

“Real estate site Zillow.com filed for a $51.75 million initial public offering Monday.  The Seattle-based company didn’t say in its Form S-1 filing how many shares it planned to sell, nor how it would price each share. However, it did say that Technology Crossover Ventures and PAR Investment Partners agreed to buy a total of $5.5 million of common stock directly from Zillow.”

Source: NEW YORK (CNNMoney) By Julianne Pepitone, staff reporter (April 18, 2011: 4:50 PM ET)

Overall home sales may still be down since the boom, but the real estate tech industry is looking good.  Trulia, Zillow, Estately and Redfin have started to thrive in the dot com world.  Capitalizing on social networking integration and web advertisement these companies are providing better tools for the home buyer, seller, real estate agent and other real estate industry professionals.  As a home inspector working from Seattle to Wenatchee these websites have been a valuable tool for marketing our services over a board service area.  I’m looking forward to the many opportunities these sites present as they grow.

Windermere Forms New Entity To Tackle Web Solutions

Photo credit: mobilemarketingwatch.com

Windermere is one of the biggest real estate companies in the Pacific Northwest. We work with their Wenatchee and Seattle area offices all the time. In a time when social media, phone apps and web solutions are the best way to reach your clients Windermere is jump starting it’s techy side to keep up with the competition. Redfin, Zillow, Trulia, Estately and other web-based real estate solution providers are making pretty big waves in the way that real estate professionals advertise their services and stay connected in the industry. Brett Eddy formed Windermere Solutions in January to boost the company’s digital connections. With 50 employees working in Pioneer Square, Eddy (the CTO) plans to reinvent Windermere’s online identity by integrating design, navigation, social media and functionality with mobile platforms.

In our business it’s very important to utilize web and mobile applications. We use palm pilots, smart phone apps and social media to conduct daily home inspection business. We have accounts on Twitter, Facebook, Trulia, Zillow, Blogspot, WordPress, MerchantCircle, Yelp and others to help advertise our business, stay connected with clients and industry vendors and get involved in our community. Geekwire.com conducted an interview with Brett Eddy about his new endeavor with Windermere and he stated that the company’s web properties currently attract “1.2 million visitors per month.” Read more about the new Windermere Solutions in this Geekwire.com article.