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Since January 2009
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I agree Tammy. I don't understand why lenders that have paid to be confirmed will not have contact info, but agents that haven't paid a penny get to keep their info in their profile.
Andrea, when are we going to see examples of this pricing and the all the procedures spelled out? Do you think lenders are going to just fork $250 over to Zillow with very little spelled out and so many unanswered questions?
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Since January 2009
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Since January 2009
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Since January 2009
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Removing my information is a serious problem. I see an unfair advantage for big banks and companies that have a DBA that is a domain name.
Just as API hurt local small mortgage companies, this will do the same. Only solution appears to get a DBA with the secretary of state with your company domain name. $80 with the secretary is cheaper than zmm.
I still haven't seen an answer as to why zillow isn't charging realtors? Numerous times this has been asked. It goes beyond realtors for me. Zillow should be fair and change every professional profile in its system. Equality, fairness, equal rights, level playing field, uniformity: all are lacking from this site now.
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Since November 2009
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Since October 2009
Featured Rates are based on state rates for 5/1 ARM loans and are valid for the date shown, but they may change without notice. They are for consumers with a credit rating of 720 or higher and a 20% or higher down payment. Rate, terms, pre-paid finance charges, and APR may vary based on factors such as creditworthiness of the applicant(s), self employment status of the applicant(s), condo or townhouse structure, loan amount, and geographic location of the property.
If a lender does not offer a national rate, a state rate may be shown next to the lender's name. For example, 'Bank name (CA)'.
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Zillow Mortgage Marketplace Pricing/Policy Change
Andrea Smolin, "AndreaSmolin"
Contributions: 49
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As communicated previously Zillow Mortgage Marketplace is introducing a new, market-based fee system for customer-initiated contacts. You will still be able to submit an unlimited number of loan quotes for free, but you will be required to pay a market-priced fee when borrowers contact you regarding your quotes.
During this set-up period, you can pre-fund your Zillow account. A minimum of $250 is required to set up an account.
When you receive a contact, Zillow will subtract the price of that contact from your account balance. All contacts will be priced at $0 during the set-up period.
On December 9th, the set-up period will end and the market-pricing mechanism will be turned on. Lenders who fund their accounts prior to December 9th will receive 25% off all contacts received during the first 30 days after the market-pricing mechanism is turned on. Lenders who do not have funded accounts by December 9th will not be able to submit quotes or receive contacts from borrowers.
To add funds to your account visit Lender Home or e-mail our mortgage team at mortgagesales@zillow.com or call 1-877-661-3171.
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