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	<title>Comments on: Zillow Gets 55% of CA Buyers: An Analysis</title>
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	<link>http://www.notorious-rob.com/2009/07/09/zillow-gets-55-of-ca-buyers-an-analysis/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=rss</link>
	<description>On Marketing, Technology, and Real Estate</description>
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		<title>By: Matthew Ferrara</title>
		<link>http://www.notorious-rob.com/2009/07/09/zillow-gets-55-of-ca-buyers-an-analysis/comment-page-1/#comment-1581</link>
		<dc:creator>Matthew Ferrara</dc:creator>
		<pubDate>Wed, 22 Jul 2009 20:33:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.notorious-rob.com/?p=1296#comment-1581</guid>
		<description>Rob:

We have a few. Check out:

A Difference of Six Words: http://www.matthewferrara.com/marketing/sixwords 

and 

Radically Rethinking Real Estate Leads Management
http://www.matthewferrara.com/blog/management/qualifiedleads</description>
		<content:encoded><![CDATA[<p>Rob:</p>
<p>We have a few. Check out:</p>
<p>A Difference of Six Words: <a href="http://www.matthewferrara.com/marketing/sixwords" rel="nofollow">http://www.matthewferrara.com/marketing/sixwords</a> </p>
<p>and </p>
<p>Radically Rethinking Real Estate Leads Management<br />
<a href="http://www.matthewferrara.com/blog/management/qualifiedleads" rel="nofollow">http://www.matthewferrara.com/blog/management/qualifiedleads</a></p>
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		<title>By: Rob Hahn</title>
		<link>http://www.notorious-rob.com/2009/07/09/zillow-gets-55-of-ca-buyers-an-analysis/comment-page-1/#comment-1549</link>
		<dc:creator>Rob Hahn</dc:creator>
		<pubDate>Tue, 14 Jul 2009 04:32:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.notorious-rob.com/?p=1296#comment-1549</guid>
		<description>Good points, Matt. :)

Again, don&#039;t make more of this post than what it is -- simply a debate about &quot;distributed traffic&quot; vs. &quot;single site traffic&quot;.

Your point is on-target, I think, and deserves its own discussion: lead management once it comes in.  Do you have a post up discussing this issue specifically?

-rsh</description>
		<content:encoded><![CDATA[<p>Good points, Matt. <img src='http://www.notorious-rob.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>Again, don&#8217;t make more of this post than what it is &#8212; simply a debate about &#8220;distributed traffic&#8221; vs. &#8220;single site traffic&#8221;.</p>
<p>Your point is on-target, I think, and deserves its own discussion: lead management once it comes in.  Do you have a post up discussing this issue specifically?</p>
<p>-rsh</p>
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		<title>By: Rob Hahn</title>
		<link>http://www.notorious-rob.com/2009/07/09/zillow-gets-55-of-ca-buyers-an-analysis/comment-page-1/#comment-1548</link>
		<dc:creator>Rob Hahn</dc:creator>
		<pubDate>Tue, 14 Jul 2009 04:31:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.notorious-rob.com/?p=1296#comment-1548</guid>
		<description>Do you guys have any aggregate stats on how many visitors you send to other websites?  Perhaps that will at least get us started in analyzing how important Zillow is to the average broker/agent.

BTW, I want to make CLEAR that I am NOT knocking Zillow here.  You guys have done and continue to do an amazing job.  Folks who think I&#039;m knocking your value or valuation are missing the point.  That I think I wouldn&#039;t have celebrated coming in 4th doesn&#039;t mean Zillow suxxorz or some such.  I thought I made that clear in the post, but it bears repeating.

This whole post is to continue our argument/debate about considering &quot;distributed traffic&quot; vs. &quot;Zillow traffic&quot;.  My view remains that traffic to Zillow is also &quot;distributed traffic&quot; -- because consumers search a narrow geographic area, neither all of California nor all of the United States.

If you get 10m visitors a month, and you have (let&#039;s say) 5m outbound clicks, well, that&#039;s kinda huge.  I&#039;d suggest trying to compile at least some data on that.

-rsh</description>
		<content:encoded><![CDATA[<p>Do you guys have any aggregate stats on how many visitors you send to other websites?  Perhaps that will at least get us started in analyzing how important Zillow is to the average broker/agent.</p>
<p>BTW, I want to make CLEAR that I am NOT knocking Zillow here.  You guys have done and continue to do an amazing job.  Folks who think I&#8217;m knocking your value or valuation are missing the point.  That I think I wouldn&#8217;t have celebrated coming in 4th doesn&#8217;t mean Zillow suxxorz or some such.  I thought I made that clear in the post, but it bears repeating.</p>
<p>This whole post is to continue our argument/debate about considering &#8220;distributed traffic&#8221; vs. &#8220;Zillow traffic&#8221;.  My view remains that traffic to Zillow is also &#8220;distributed traffic&#8221; &#8212; because consumers search a narrow geographic area, neither all of California nor all of the United States.</p>
<p>If you get 10m visitors a month, and you have (let&#8217;s say) 5m outbound clicks, well, that&#8217;s kinda huge.  I&#8217;d suggest trying to compile at least some data on that.</p>
<p>-rsh</p>
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		<title>By: Matthew Ferrara</title>
		<link>http://www.notorious-rob.com/2009/07/09/zillow-gets-55-of-ca-buyers-an-analysis/comment-page-1/#comment-1547</link>
		<dc:creator>Matthew Ferrara</dc:creator>
		<pubDate>Tue, 14 Jul 2009 02:38:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.notorious-rob.com/?p=1296#comment-1547</guid>
		<description>Rob:
Interesting debate, but I fear it&#039;s beyond mathematical; far worse than just academic. It&#039;s totally irrelevant how many consumers use REALTOR.COM or Zillow or any of the other real estate sites because when you look at the OTHER end - the side from which agents actually DO something with any leads they get from ANYWHERE - it&#039;s a disaster. For years we have worked with companies generating dozens, hundreds or thousands of leads a month from every corner of the web. And when it comes down to it, the vast majority of leads are simply abandoned by agents. I&#039;m talking numbers like 88% of internet leads abandoned by agents in less than 30 days; and 92%+ simply abandoned in less than 5 days. Unless someone can corner the market on &quot;READY TO BUY RIGHT THIS DAMN MINUTE!&quot; leads, then it&#039;s all sound and fury. We can generate traffic, get consumers to stop by, even get them to ask for help. But once we get that lead to the average real estate agent, it&#039;s pretty much lost money. The only winners in this equation are Zillow and REALTOR.COM because at least they get paid UP FRONT through their advertising. From the real estate BROKERAGE standpoint, lead generation / lead management is not paying dividends. 

That&#039;s why I content that Sally Simple who simply calls and emails the FSBOs online and keeps up with a few old friends on Facebook will likely have a better &quot;ratio&quot; of success than Larry Lotsaleads who has twenty domains, an IDX page or two, and even an enhanced profile on the big guys&#039; sites.  In the end, traffic does not equal commissions. It&#039;s still a matter of sales. And that&#039;s the &quot;secret&quot; problem of the industry.</description>
		<content:encoded><![CDATA[<p>Rob:<br />
Interesting debate, but I fear it&#8217;s beyond mathematical; far worse than just academic. It&#8217;s totally irrelevant how many consumers use REALTOR.COM or Zillow or any of the other real estate sites because when you look at the OTHER end &#8211; the side from which agents actually DO something with any leads they get from ANYWHERE &#8211; it&#8217;s a disaster. For years we have worked with companies generating dozens, hundreds or thousands of leads a month from every corner of the web. And when it comes down to it, the vast majority of leads are simply abandoned by agents. I&#8217;m talking numbers like 88% of internet leads abandoned by agents in less than 30 days; and 92%+ simply abandoned in less than 5 days. Unless someone can corner the market on &#8220;READY TO BUY RIGHT THIS DAMN MINUTE!&#8221; leads, then it&#8217;s all sound and fury. We can generate traffic, get consumers to stop by, even get them to ask for help. But once we get that lead to the average real estate agent, it&#8217;s pretty much lost money. The only winners in this equation are Zillow and REALTOR.COM because at least they get paid UP FRONT through their advertising. From the real estate BROKERAGE standpoint, lead generation / lead management is not paying dividends. </p>
<p>That&#8217;s why I content that Sally Simple who simply calls and emails the FSBOs online and keeps up with a few old friends on Facebook will likely have a better &#8220;ratio&#8221; of success than Larry Lotsaleads who has twenty domains, an IDX page or two, and even an enhanced profile on the big guys&#8217; sites.  In the end, traffic does not equal commissions. It&#8217;s still a matter of sales. And that&#8217;s the &#8220;secret&#8221; problem of the industry.</p>
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		<title>By: Sara Bonert</title>
		<link>http://www.notorious-rob.com/2009/07/09/zillow-gets-55-of-ca-buyers-an-analysis/comment-page-1/#comment-1545</link>
		<dc:creator>Sara Bonert</dc:creator>
		<pubDate>Mon, 13 Jul 2009 16:20:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.notorious-rob.com/?p=1296#comment-1545</guid>
		<description>Rob- 

You had me when you called me lovely.  You lost me when you started doing algebra (I am sometimes blonde you know).  So I&#039;ll leave the commenting to the self-appointed data geeks like Eric.  Haha!</description>
		<content:encoded><![CDATA[<p>Rob- </p>
<p>You had me when you called me lovely.  You lost me when you started doing algebra (I am sometimes blonde you know).  So I&#8217;ll leave the commenting to the self-appointed data geeks like Eric.  Haha!</p>
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		<title>By: Daniel Bates</title>
		<link>http://www.notorious-rob.com/2009/07/09/zillow-gets-55-of-ca-buyers-an-analysis/comment-page-1/#comment-1539</link>
		<dc:creator>Daniel Bates</dc:creator>
		<pubDate>Fri, 10 Jul 2009 20:39:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.notorious-rob.com/?p=1296#comment-1539</guid>
		<description>I show up higher than Zillow when I do a search for just about any keyword and my area, there for I win :-p

Personally, I don&#039;t care where my buyers search online. If they&#039;re not familiar with the area or don&#039;t already know an agent in my area than they&#039;ll come across my website after a few searches and if I don&#039;t capture them than I didn&#039;t do my job.  I&#039;m certainly not worried about an agent from Zillow Realty to steal them away, I&#039;m actually more worried about them being on Realtor.com than Zillow or Trulia which make the NAR take note that they&#039;re biting the hand that feeds them.  I say embrace all the great technology that&#039;s out there.  Today&#039;s home buyers are strong and independent and like to do some of the work themselves.  So embrace this and encourage them to use Dwellicious (which allows them to bookmarks homes for sale including FSBO&#039;s from Realtor, Trulia, Zillow, etc.) and offer them feedback on the homes that they show interest in.</description>
		<content:encoded><![CDATA[<p>I show up higher than Zillow when I do a search for just about any keyword and my area, there for I win :-p</p>
<p>Personally, I don&#8217;t care where my buyers search online. If they&#8217;re not familiar with the area or don&#8217;t already know an agent in my area than they&#8217;ll come across my website after a few searches and if I don&#8217;t capture them than I didn&#8217;t do my job.  I&#8217;m certainly not worried about an agent from Zillow Realty to steal them away, I&#8217;m actually more worried about them being on Realtor.com than Zillow or Trulia which make the NAR take note that they&#8217;re biting the hand that feeds them.  I say embrace all the great technology that&#8217;s out there.  Today&#8217;s home buyers are strong and independent and like to do some of the work themselves.  So embrace this and encourage them to use Dwellicious (which allows them to bookmarks homes for sale including FSBO&#8217;s from Realtor, Trulia, Zillow, etc.) and offer them feedback on the homes that they show interest in.</p>
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		<title>By: David Gibbons from Zillow</title>
		<link>http://www.notorious-rob.com/2009/07/09/zillow-gets-55-of-ca-buyers-an-analysis/comment-page-1/#comment-1537</link>
		<dc:creator>David Gibbons from Zillow</dc:creator>
		<pubDate>Fri, 10 Jul 2009 19:43:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.notorious-rob.com/?p=1296#comment-1537</guid>
		<description>Rob,

Posting that kitten was a real shrewd way to win some support here ;-)

I stand by my original feedback; you are muddling apples with oranges. Web traffic in Real Estate is INCREDIBLY broadly distributed. You cannot learn anything by considering the aggregate traffic to agent and broker sites. 

And Zillow is certainly a tool for driving traffic to those sites.

When you purchase showcase ads you&#039;ll see that we do in fact project the page view inventory available. What we cannot do is forecast clicks / referrals because the performance of ads varies greatly depending on their copy.</description>
		<content:encoded><![CDATA[<p>Rob,</p>
<p>Posting that kitten was a real shrewd way to win some support here <img src='http://www.notorious-rob.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
<p>I stand by my original feedback; you are muddling apples with oranges. Web traffic in Real Estate is INCREDIBLY broadly distributed. You cannot learn anything by considering the aggregate traffic to agent and broker sites. </p>
<p>And Zillow is certainly a tool for driving traffic to those sites.</p>
<p>When you purchase showcase ads you&#8217;ll see that we do in fact project the page view inventory available. What we cannot do is forecast clicks / referrals because the performance of ads varies greatly depending on their copy.</p>
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		<title>By: Rob Hahn</title>
		<link>http://www.notorious-rob.com/2009/07/09/zillow-gets-55-of-ca-buyers-an-analysis/comment-page-1/#comment-1535</link>
		<dc:creator>Rob Hahn</dc:creator>
		<pubDate>Fri, 10 Jul 2009 13:28:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.notorious-rob.com/?p=1296#comment-1535</guid>
		<description>Yar, that&#039;d be awesome data for Zillow and for the rest of us.  I&#039;d have to think Zillow refers a ton of traffic out; imagine showing that by zip code... wow.

-rsh</description>
		<content:encoded><![CDATA[<p>Yar, that&#8217;d be awesome data for Zillow and for the rest of us.  I&#8217;d have to think Zillow refers a ton of traffic out; imagine showing that by zip code&#8230; wow.</p>
<p>-rsh</p>
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		<title>By: Rob Hahn</title>
		<link>http://www.notorious-rob.com/2009/07/09/zillow-gets-55-of-ca-buyers-an-analysis/comment-page-1/#comment-1534</link>
		<dc:creator>Rob Hahn</dc:creator>
		<pubDate>Fri, 10 Jul 2009 13:26:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.notorious-rob.com/?p=1296#comment-1534</guid>
		<description>Heh, thanks for the comment, Tom.

I guess I&#039;d say, don&#039;t make more of this post than it is -- an attempt to extend the discussion from Twitter. :)

As I was telling someone last night on IM, not every one of my post is particularly deep thinking, heh.

Also, your point is valid -- and I said, IF Zillow sends a huge amount of traffic to broker/agent sites, then that completely changes the analysis.

-rsh</description>
		<content:encoded><![CDATA[<p>Heh, thanks for the comment, Tom.</p>
<p>I guess I&#8217;d say, don&#8217;t make more of this post than it is &#8212; an attempt to extend the discussion from Twitter. <img src='http://www.notorious-rob.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>As I was telling someone last night on IM, not every one of my post is particularly deep thinking, heh.</p>
<p>Also, your point is valid &#8212; and I said, IF Zillow sends a huge amount of traffic to broker/agent sites, then that completely changes the analysis.</p>
<p>-rsh</p>
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		<title>By: Eric Stegemann</title>
		<link>http://www.notorious-rob.com/2009/07/09/zillow-gets-55-of-ca-buyers-an-analysis/comment-page-1/#comment-1533</link>
		<dc:creator>Eric Stegemann</dc:creator>
		<pubDate>Fri, 10 Jul 2009 08:22:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.notorious-rob.com/?p=1296#comment-1533</guid>
		<description>I don&#039;t dispute your transperancy in general.  Heck the fact you guys post how far in general you are off for Zestimates in areas is great.

But Drew you know me, I&#039;m a data fiend.  I just have a hunch that a lot of traffic leaves your site to go to brokers and I think that should be put out there...</description>
		<content:encoded><![CDATA[<p>I don&#8217;t dispute your transperancy in general.  Heck the fact you guys post how far in general you are off for Zestimates in areas is great.</p>
<p>But Drew you know me, I&#8217;m a data fiend.  I just have a hunch that a lot of traffic leaves your site to go to brokers and I think that should be put out there&#8230;</p>
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