Trulia is the first major technology IPO since the summer lull. The company is one of seven IPOs that were set to hit the market this week. “This is an opening bell for other IPOs,” said Pete Flint, CEO of Trulia. The IPO comes after a successful flotation last year from rival Zillow Inc Z.O.
Is Trulia owned by Zillow?
Trulia is another popular real estate website. The company was founded in 2005 and still has its headquarters in San Francisco. Just like Zillow, Trulia makes most of its money from advertising. Even though the company is now owned by Zillow, it provides users with a different experience online.
When did Trulia go public?
September 20, 2012 The IPO was priced at $17 per share, and began trading on September 20, 2012 at an opening price of $22.10.
What company owns Trulia?
Zillow Trulia/Parent organizations Zillow, Inc. today announced it has completed its previously announced acquisition of Trulia, Inc. for $2.5 billion in a stock-for-stock transaction, and formed Zillow Group, Inc. (NASDAQ:Z), which houses a portfolio of the largest and most vibrant U.S. real estate and home-related brands on mobile and the Web.
Who owns Zillow and Trulia?
Pete Flint, co-founder and former CEO of Trulia, has joined the Zillow Group board of directors. Former Trulia board member Greg Waldorf has also joined the Zillow Group board. The company also announced the layoffs of 280 employees, primarily in the San Francisco and Bellevue, Washington, offices.
Is Zillow only in the US?
Its a fact that the huge power of Zillow.com is only available to US and USA territories located property listings. We have a huge network of overseas property websites that aim to help motivated buyers connect with individuals looking to buy property abroad.
Is trulia accurate?
How Accurate is a Trulia Home Value Estimate? Trulia provides a downloadable accuracy report that includes data on the percent of sales where its estimates were within 5%, 10%, 15% or 20% of the price the property sold for. 48.2% of properties throughout the U.S. sold for within 5% of their home valuation.
Does Zillow own realtor.com? Zillow doesnt own realtor.com. The National Association of Realtors owns the site, making it one of the more reputable online real estate presences.
Overall, Zillow is slightly better than Realtor.com. Because the platform gets more traffic, you will naturally get more exposure and engagement. While Realtor.com only uses listings submitted by agents to the MLS, Zillow also includes FSBO listings on their site.
Does Zillow pay well for houses?
Forbes Magazine says Zillow may offer you 10% to 15% percent less than what local realtors could sell your home for. A recent Forbes report says for many homeowners, Zillow Offers will be well worth it, for the elimination of stress and hassle.
Why is Redfin higher than Zillow?
Because of the smaller number of listings available, Redfin can look at more details than Zillow. For example, Redfin may consider that a home with a stunning view may have a better value, and Zillow may not take this little tidbit into consideration at all. Zillow provides estimates for more homes than Redfin does.