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Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. Both sites are real estate databases that provide for-sale and rental listings to the general public and connect people with real estate agents, and they share some key characteristics. Both sites present listings using photos, a detailed description, prices, and information about neighborhoods.
Property information presented on each site is generally similar because they both draw on MLS listings.
Visitors can use a specific set of criteria to search for homes on each site including price, of bedrooms, type of structure, square footage, and lot size. While the two are fairly similar, there are several key differences that set the two sites apart. Zillow offers what it calls Zestimates, which are estimates of home values based on publicly available information. Graphically, each site presents listings in a different way, which provides the user with a different experience. For example, when you search for listings in a city on Zillow, the search are on the right side with a map of the area on the left.
The experience is flipped on Trulia, where the search are on the left with the map on the right. We'll look a little more at this, and at the two sites in detail, below. Zillow was founded in According to its website, Zillow is "the leading real estate and rental marketplace" for consumers, connecting them to the information and real estate professionals they need to buy, sell, or rent a home. More than million properties are listed on the site, including those that are not currently on the market.
According to StatistaZillow is the most popular real estate websitegarnering 36 million unique visitors a month as of January The site is free to use for both owners, listing agents, and landlords. The majority of its revenue is derived from advertising, selling space on its suite of sites—Zillow, Trulia, Hotp, among others—to property management companies, mortgage lenders, and other businesses.
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Compared to Trulia, Zillow's user experience is much more graphical. On the left side, you'll see a map of all available properties in your search area that fit the criteria selected. Scrolling over each pulls up a small thumbnail with the price, along with the of bedrooms and bathrooms. Individual properties are located on the right-hand side of the screen, starting with the latest listings on the market. Property information is easily accessible in different compartments:. Another feature Zillow offers is its Zestimates. This is the site's estimated market value for an individual property.
The website emphasizes that Zestimates are only a starting point to determine the value of a home and shouldn't be taken as an official appraisal. The Zestimate is calculated on a daily basis using a series of data gathered from public sources and from users. The site also provides a Zestimate forecast, which predicts what the price of the home will be after one year.
This figure is based on current home and market information. You can also stay updated on trends and research in the real estate and housing market through Zillow's research tab. This section is divided into different sections for the latest news, data, markets, buying and selling, renting, and policies involving the market. Statista reports that Trulia was the second most popular real estate website, receiving about 23 million unique monthly visits as of January The company was founded in and still has its headquarters in San Francisco.
Just like Zillow, Trulia offers real estate listings for prospective home buyers, sellers, and renters. Just like Zillow, Trulia makes most of its money from advertising. Even though the company is now owned by Zillow, it provides users with a different experience online. Search yield a map on the right-hand side and listings on the left. Once you click on a particular listing, the key information—price, address, of bedrooms and bathrooms, square footage—is listed on the top, along with an estimate of the monthly mortgage payment. Property photos and listing information including realtor contacts are listed below.
This is followed by a detailed description of the property provided by the listing agent, features, and similar homes in the area. Trulia claims its 34 neighborhood map overlays give consumers more insight into what it's like to live in a home and the neighborhood. Trulia also provides a visual breakdown of the monthly costs for the property, including your mortgage payment, property taxes, home insurance, any association fees, and mortgage insurance. This gives prospective buyers an idea of whether they can afford a particular residence.
Another one of Trulia's distinct features is its crime map data. The site pools crime data for neighborhoods from both local law enforcement and news reports, allowing users to determine safety in the community. Zillow, unlike Trulia, goes beyond the U. InZillow announced a partnership with a of Canadian brokerages and real estate companies to list properties on the site. According to the site, properties are listed for a variety of Canadian cities including Toronto, Vancouver, Ottawa, Calgary, Edmonton, and Kelowna.
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Your Practice. Popular Courses. Personal Finance Home Ownership. Zillow vs. Key Takeaways Zillow and Trulia are real estate databases that offer for-sale and rental listings and connect people with listing agents. Zillow provides users with a highly graphic experience when searching for properties, while Trulia has a simpler website de.
Zillow offers Zestimates—estimated market value for an individual property—and lists properties in both the U. Trulia gives users a visual breakdown of the monthly costs for a property as well as crime map data.
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Partner Links. Related Terms Amenity Amenities are characteristics of a residential or commercial property that are considered beneficial by potential buyers or tenants. Open House Open houses are periods of time in which houses or other dwellings are available to be viewed by potential buyers. How a Real Estate Short Sale Works In real estate, a short sale is when a homeowner in financial distress sells their property for less than the amount due on the mortgage.
Realtor Property Resource The Realtors Property Resource is a national database of real estate-related info maintained by the National Association of Realtors for its members. Comparative Market Analysis A comparative market analysis CMA estimates a home's value based on recently sold comparables.
Learn how a CMA helps real estate buyers and sellers. Investopedia is part of the Dotdash publishing family.