The Fool thinks we should look out for…
“I’ve been enamored with Zillow since its launch nearly two years ago. At the time, it was an edgy though admittedly imperfect Web-based application for finding what your home was worth. It didn’t seem like much, but it was a model so refreshing in the real estate industry that it dealt uppercuts to stodgy models like HouseValues (Nasdaq: SOLD).
“Zillow was the brainchild of Expedia’s (Nasdaq: EXPE) founder, so it’s really just a matter of time before the company follows suit and goes public. Even with dot-com realty plays like HouseValues and Realtor.com parent Move (Nadsaq: MOVE) trading in the mid-single digits, Zillow has enough Teflon to make it as an IPO. Its ad-supported model is appealing to customers, advertisers, and even a growing fleet of partners that now includes a consortium of local newspapers.”
Posted: December 20th, 2007 under Investment, Real Estate Business.
Tags: IPO, Zillow
Comments
Pingback from Put Pen to Paper - Zillow Predictions Anyone? : Future of Real Estate Marketing
Time December 28, 2007 at 3:11 pm
[...] on the fate of Real Estate 2.0’s highest profile player… Acquisition? IPO? (see The Fool thinks we should look out for…). I’m not sure that 2008 will see resolution any of those questions, but I suspect the chorus [...]
Pingback from Altos Research Real Estate Insights
Time December 21, 2007 at 12:03 pm
[...] market. Recently unbound, Dustin is busy breaking news and publishing lucid insights on the market. Today he cites The Motley Fool speculating on a Zillow IPO in 2008. Zillow was the brainchild of Expedias [...]