Carnival of Real Estate at Ubertor


The Carnival of Real Estate is up at
Ubertor . Fine work all!

Thanks to Steve for including our article on the difficulties Web 2.0 first movers have in developing their businesses in the slow moving real estate industry. I admit the article is fundamentally flawed (read the comments ) because first mover advantages do exist for originality and its associated publicity. In that sense, Zillow is a winner in my book ...

I go on record to say I greatly admire all the first movers in the Real Estate Web 2.0 space... I'm an entrepreneur and would be the first in line to congratulate their successes. Pardons to those who misread my thesis as a wet blanket to entrepreneurs.


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  • 11/20/2006 5:20 PM Kevin Boer wrote:
    Pat -- congrats on taking top honors this week! You got many comments on your original post, to which I would add only one thing, somewhat tangential to the main thrust of your article. We need to be careful not to miss the forest of Zillow's grander future plans for the trees of their much-discussed AVM. Zillow has made it clear from the start that they have a lot more tricks up their sleeve, and though I have no idea (but some guesses) about what their next moves will be, I am pretty sure that once they do those moves, we'll no longer see the other home value estimation sites as being any sort of real competition.
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    1. 11/20/2006 5:56 PM Pat Kitano wrote:
      Thanks very much Kevin... I agree completely that the out-of-the-box strategy advantage lies with the entrepreneurial companies like Zillow.... after figuring out how the market works, their management is well positioned to make quicker and more accurate judgments about positioning and product management than other real estate companies.

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  • 11/20/2006 7:38 PM REBlogGirl wrote:
    Pat, Congrats on your slam dunk at the carnival this week. I am still a fan of Zillow as well, so paint a target on my back as well. All kidding aside, I still feel that Zillow has the ability to rise above its current limitations, properly monetize itself and play with the big boys if nothing more than for the dollars at the acquisition table.
    Reply to this
    1. 11/20/2006 7:58 PM Pat Kitano wrote:
      Hey thanks mucho Mary! We're all waiting for Zillow's next move... entrepreneurs don't sit on their behinds with marginal business models...

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