Cyberhomes, Zillow go for brokers
By Glenn Roberts, Jr., Thursday, May 17, 2007.
Cyberhomes.com, an automated home valuation site operated by Fidelity National Real Estate Solutions, today announced an agreement with Keller Williams Realty Inc. to market for-sale property listings at the site.
Fidelity officials said today that they also have commitments from a series of other brokerage companies that could bring about 500,000 property listings to the Web site, and they are also in discussions with a number of MLSs.
The Cyberhomes announcement follows the lead of rival valuation site Zillow.com, which features agent-supplied property listings in addition to past sales information and property estimates. Zillow's Jeff Somers announced at a Realtor conference in Washington, D.C., today that Zillow is "moving forward with discussions about accepting broker feeds" of for-sale property information at the site in addition to agent-supplied listings information.
Cyberhomes has a database of about 100 million property records, and Zillow provides value estimates for about 70 million homes. According to the latest count at Zillow's Web site, the site has about 123,300 for-sale property listings and an additional 46,100 properties at the site carry a "Make Me Move" price set by owners.
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