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Jon

1 year ago

in The Power of HD Video on Future of Real Estate Marketing
They say a picture is worth a thousand words. The clearer the picture the better. When the picture is not clear it is as if a few of those words are lost.

1 year ago

in AdReady Lets You Get Creative with Your Ads on Future of Real Estate Marketing
Kind of cool service. The ability to customize otherwise generic ads is cool. This will allow little mom and pops to look much bigger .

1 year ago

in Wachovia Ousts CEO Thompson on Blown Mortgage
World is about the only company I would have thought would have their hind quarters covered on the Option ARMS. They didn't go to crazy LTV's, and with their own internal deal kills (known as appraisers elsewhere) always undercut values as well.

1 year ago

in In San Diego homes are buy one, get one free on Blown Mortgage
A free house sure beats a flat screen TV or a granite upgrade. Talk about a "Blue Light Special"!
1 reply
morganb's picture
morganb I know some are giving away Prius cars for buying 'green' homes. Seems like
a car is a rip off compared to another home!

1 year ago

in Google Getting in to Mortgages? on Future of Real Estate Marketing
I thought Zillow's mortgage service was going to be a great product. It is not in execution much different that Bankrate. The loan officers responding to consumers requests seem to be offering the garbage rates they do on Bankrate just to get the phone to ring. Without policing the offers Zillow or any lead service ends up creating garbage and nothing usable for end consumers.
I agree that Google makes a fortune from is PPC ads and mortgages are some of the most expensive clicks out there. Unless they stand to make more from a new product I can't see them messing with that gravy train.
1 reply
srascoff Jon,
Spencer from Zillow here. I want to correct you -- Zillow Mortgage Marketplace and Bankrate couldn't be more different. Bankrate provides surveyed, generic rates. Zillow Mortgage Marketplace provides customized rates specific to each borrower's situation.
Regarding whether Zillow polices the offers which lenders provide to borrowers, we have a reputation system in which borrowers rate lenders, and we have a way for the community (including other borrowers) to flag questionable quotes (which we then investigate).
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