A Real Estate Discussion Blog

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Getting To The Top Of The Directory On Zillow

This question came in from Karen Alterson a Realtor with Coldwell Banker Surf in Rockville Centre, NY.  As it is a pretty common question, I thought I'd answer it on my blog, so multiple people can benefit from the answer. 

Dear Zillow,

How do I get my name on the list of Realtors? And how do you get to the top???

Karen,

First of all, to get on the list, you simply have to create a free profile.  All profiles are included in the Directory.  To make sure you come up appropriately, make sure you completely fill out the fields like areas you specialize in and your marketing text.  In the upper right hand corner, you'll see the Register button.

Helpful videos:

How to activate your account

Creating a free profile

With regards to sort, helpfulness and contributions to the site are big factors in determining the order. 

Each listing and photo you add to the site are considered contributions.  Also, in case you don't have listings, answering questions in our advice section are contributions.  Also, once you contribute enough advice, you can be considered a Local Expert or All Star.  You can sign up to receive emails whenever there is a question in your area to answer. 

Helpful videos:

Zillow Advice overview

Becoming a Local Expert

Becoming an All Star

Hope that helps!

Sara

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Understanding the Internet Buyer (NAR Convention Speech)

In case you missed Spencer's presentation at NAR, he posted all of his materials and video here.  If you get a chance, I highly recommend spending some time watching it.  There are some great statistics on how people are using the internet. 

Via Spencer Rascoff (Zillow):

Here is my presentation from the NAR Convention in San Diego, "Understanding the Internet Buyer". If you ever want me or someone from Zillow to present to agents in your office (in person or via webinar), please let me know.

 

Here's the video. It seems to crash the Firefox browser when I embed the video, so you'll have to watch it over on ustream.

 

Understanding the Internet Buyer

 

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New! Zillow Video Training Center - Your FAQ's Answered!

I am so excited to announce that today the Video Training Centerlaunched on Zillow!  There are a core group of questions we frequently get, and now we have a resource that answers them in the form of short videos. 

Along with FAQs, there are videos that walk through some of the most used marketing tools and resources on the site. 

The training center can be found at www.Zillow.com/Advertising/Videos

And here is a laundry list of the type of content you'll find online.  Let us know if we've missed anything you think Professionals want to know!

---------------------------------------------------------------------------------------------------------------

Welcome to Zillow Interact with Zillow through your computer, iPhone or e-mail. Watch these videos to learn the best ways to use the site.

Understanding Zillow Data Data is the backbone of the Zillow Web site, with property records for 90 million homes. Discover how to interpret the numbers, edit online information, or use the data to view local real estate statistics and trends.

Real Estate Advertising Make sure your listings and brand are receiving maximum exposure on Zillow by using innovative and ZIP-code targeted real estate advertising that can help your listings receive up to five times more traffic.

Zillow Marketing Opportunities Promote your listings, yourself, and your expertise on Zillow to the millions of people that visit the site each month. Watch these videos to learn how to effectively do this.

Zillow Mortgage Marketplace Zillow Mortgage Marketplace allows borrowers to shop anonymously for customized mortgage quotes. Confirmed lenders interact with mortgage-shoppers in one of the most innovative and vibrant mortgage centers on the Internet. Learn how you can benefit:

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October Traffic Numbers By City On Zillow

Here are Zillow's local traffic numbers for the month of October. The numbers are down a little this month from our highs in July and August, but this is to be expected as we near the end of the year. 

You can also find more traffic information directly on Zillow.  If you go to any property on the site, click on Home Info in the left hand column, and scroll to the bottom of the page, you'll see that we publish a running traffic count for the home, zip, county, and state for the month. 

Also, if you've created a free account on Zillow, we now send periodic traffic updates via email for your specific listings. 

 

Zillow City Traffic For October 2009

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My Favorite Active Rain Members To Follow On Twitter

A few weeks ago Twitter announced that they now offered the ability to create Lists.  Personally, I still like TweepML better for this functionality for many of the reasons outlined in this TechCrunch article: Twitter Lists Competitors Respond: We Can All Get Along.

I went thru the list of people I follow on Twitter and compared that to people I enjoy reading on Active Rain.  I then came up with this list of people who are active in the Active Rain community, who I recommend following on Twitter.  Click on the link below and you can follow them all (or select a chosen few) in one click.  

Favorite Active Rain Twitter Tweeps

There are so many great Twitterers and Active Rain blog authors, I am sure I left off some people that should be included on this.  If you have a favorite person you follow on Twitter (and who is active on Active Rain), please put their Twitter handle in the comments of this post and maybe I'll add them to the list!

If you are just getting started with Twitter, these people are great to follow and see the many ways Twitter can be used effectively.

 

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Zillow's new photo viewing on map page = important to include many photos

This is VERY COOL!  Another reason why photos are so important!

Via Spencer Rascoff (Zillow):

We changed the user interface on Zillow for looking at photos on the Map & List page the other day, and it's pretty slick. The new site design makes it more important than ever to include all of your listing's photos -- we allow up to 50 photos.

 

Take a look:

 

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Why Are My Listings Not Appearing On Zillow?

I often get emails asking this question, and usually the answer is one of these three reasons:

1)      When creating an account on Zillow, it is essential that the agent register as a professional, not a standard user.  When we get a listing feed, we match the email address on the listing with the email address on the profile.  The reason we wouldn't post this listing online is that a standard user can't represent home that has a listing agent.  So if listings aren't online, first make sure it is a professional account that has been created, and not a standard one.  This is easily changed on the profile, or click the gray "flag" button and our customer service can assist with the switch.

2)       Often when I get this question, the listings actually are online, but they aren't in the My Listings section of the agent's profile.  As mentioned in #1, we match the email address of the listing to the email address on the profile.  It is important to create the agent profile using the same email address as what the feed provider has on record.  For example, say a profile is created using the address sarab@yahoo.com, but then the franchise is giving us listings using sarab@era.com.  The listings would be on the site, but the listings and profile would not be tied together.  Again, this is easily corrected be updating the email address on the profile. 

3)      Agents often assume that we are getting direct feeds from their MLSs, therefore the listings should be online.  The truth is, only a handful of MLSs give us direct feeds.  However, a large majority use syndication services on their members' behalf, like ListHub or Point2.  Often with these services there is some type of opt-in required by either the agent or broker before the syndication can begin, so make sure the appropriate controls have been set up if you MLS is contracting with such syndication services.  

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Zestimates: they're just a starting point

Via Spencer Rascoff (Zillow):

This morning, I received an email from the head of marketing at a very large real estate company who is a listing partner of Zillow's. He asked me if I had a canned response to agents asking about Zestimate accuracy. Here's the email that I sent him:

 

 

Hi XX,

We have two videos on this topic which we send to a lot of people.

This video is geared towards consumers.

And this video is geared towards real estate professionals.

So the easiest thing for you to do is to send your agents a link to the video

Also here’s a blog post on the topic. 

But here are the main points so you also have them in text.

  • Zestimates are calculated three times per week by computer models that try to approximate what the market value is for almost every home in the country. We crunch numbers on 70 million homes and publish those Zestimates to the website every few days.
  • We're very transparent about our Zestimate accuracy and we report on it quarterly on the site here. We encourage agents to show the accuracy table (which can be found by clicking on “Zestimate Values & Accuracy” on the bottom of every page of the website). The accuracy table helps agents explain to clients the limitations of the Zestimate, and helps reinforce the importance that a real estate agent has in helping the client think through the value of their home.
  • Zestimate accuracy varies depending upon the quality of the information we have on the specific home. Also, Zestimates are more accurate on homes that are more similar to other homes that have recently sold; on the other hand, Zestimates are less accurate on more unique homes.
  • Keep in mind that when a home is listed for sale on Zillow, several things happen with respect to the Zestimate:
    • 1. The Zestimate comes off the map page and is replaced with the For Sale price
    • 2. The property attributes (e.g., # beds, # baths, sqft, etc) which were previously provided by the county are replaced by the listing information
    • 3. Zillow recalculates the Zestimate within a few days based on the new property attributes. The For Sale price of the home is not a direct input into the Zestimate though.
    • 4. On the listing page (aka “the home details page”), the Zestimate is removed from the top of the page and replaced with the For Sale price. The Zestimate still appears on the page, but at the very bottom. In some cases, the Zestimate doesn’t appear on the listing page due to an inability to match the address from the listings feed with an existing address in our database.

 

We tirelessly explain to consumers and agents that Zestimates are just a starting point and they're not the end-all-be-all in figuring out the value of a home. They're just another datapoint which needs to be considered and discussed between real estate agent and client. Best regards, Spencer

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Local Traffic Numbers From Zillow - August 2009

We’ve all heard there’s “no such thing as a national weather forecast” when trying to explain that real estate is local. Most real estate websites only post their national traffic numbers. While there is some value to seeing this number, it is also important to know how much of that traffic is happening in your area so you can spend your time and resources accordingly.

From a top line perspective, Zillow had its second highest traffic month ever in August, attracting over 8.8 million unique users to the site (64% YOY increase).  These people looked at 129,616,597 pages of information!

 zilllow august 2009 traffic

 

But what does this huge traffic number mean to you?  Here are statistics for the top metro areas in the country:

 

Zillow Traffic Number For August 2009

Now that we've established there are a lot of people coming to the site, the next question is how to leverage this audience and make sure they are seeing your name and your listings. Here are the most basic things you need to make sure you are doing on Zillow.

1) Market yourself - Make sure you profile is completely filled out (now can include a link to your active rain blog!)

2) Market your listings - You can do this through a Broker feed, a syndication service, or post them manually.

3) Market your expertise - Sign up to recieve alerts whenever someone posts a question in your area.  Great way to position yourself as a local expert.

For a complete list of everything you can do on Zillow, and more ways you can interact with this audience, check out the post Zillow From A to Z.

 

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Some Monday Humor - Courtesy Of Social Media and Conan

If you aren't into social media, you'll find this particularly funny.

 

Ironically, social media is one of the reasons that this skit has become so popular.  Yes, Conan has a significant reach.  But it has become compounded as people share this viral video through YouTube, blogging, twittering, etc. Viral video can be powerful, can you think of one for your business?

Oh, if you watch this and have the grand idea to go buy the URL youtwitface.com, it is already taken.  And t-shirt sales for the site are taken too. 

 

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