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Zillow provides an application programming interface (API) and developer support network.
The service is available 24/7, but for best results call Livelinks after PM, and preferably at night when the most users are on.
In 2007, The Wall Street Journal studied the accuracy of Zillow's estimates and found that they "often are very good, frequently within a few percentage points of the actual price paid.
But when Zillow is bad, it can be terrible." stating that Zillow was "intentionally misleading consumers and real-estate professionals to rely upon the accuracy of its valuation services despite the full knowledge of the company officials that their valuation Automated Valuation Model (AVM) mechanism is highly inaccurate and misleading." In a letter dated May 4, 2007, the FTC elected not to investigate this complaint, While factors contributing to estimates are described elsewhere, Zillow seemingly overemphasises home square footage as the major metric driving property valuation.
Zillow shares advertising revenue from the co-branded sites with the newspapers and extends its reach into local markets.
In addition to giving value estimates of homes, it offers several features including value changes of each home in a given time frame (such as one, five, or 10 years), aerial views of homes, and prices of comparable homes in the area.
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The company said it had more than 24 million unique visitors in September 2011, representing year-over-year growth of 103 percent. Zillow determines an estimate ("Zestimate," pronounced "ZEST-imate") for a home based on a range of publicly available information, including public data and sales of comparable houses in a neighborhood.