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Real Appraisals

I like your Mortgage Market Place idea.  People need real appraisals for personal reasons, not just mortgage lending.  Is it possible for Zillow to offer real appraisal services?

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May 28 2008 - US

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Profile picture for Drew
Contributions: 3110
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Since January 2009

r_kinneyr-

Zillow has no plans to offer appraisals. However, we are planning to build functionality that will help do a better job of helping consumers find real estate professionals of all types (home inspectors, appraisers, attorneys, etc) this year.

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May 28 2008
Profile picture for zs2matesrbad
Contributions: 144

OMG.. you didn't just ask them to do that!!!!  We are doomed.

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May 30 2008

I believe it is a natural for Zillow to be the front end of a "comp check" for value.  However, lenders will not accept Zillow values for lending purposes.  Lenders are rescinding home equity loans because of declining markets.  To challenge that, an appraisal is necessary.

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July 23 2008
 

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