Industry News

Zillow looks to improve technology and algorithms

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Zillow.com has formed a technical advisory board to provide independent advice on improving the technology and algorithms that support the company's online services for real estate consumers, the company said Monday. Zillow launched its beta site in February, offering consumers free information and valuations on more than 60 million homes in the United States. The company's entrance into real estate has been all but quiet as industry observers speculated over the last year what services Zillow would offer. Zillow's founding team has deep roots in e-commerce, including Expedia founder and former CEO Rich Barton and former Expedia Senior Vice President Lloyd Frink. The first members of Zillow's technical advisory board announced this week are three leading computer scientists – Oren Etzioni, Hank Levy and Hanan Samet – whose combined accomplishments include research and practical developments in data mining, Internet search, distributed operating systems and spatial databa...