Recently, one of the leading real estate and home-related
information marketplace companies,
) introduced the only real estate platform, Agentfolio in
Chicago. After Chicago, Agentfolio will be launched in Boston,
New York City and other markets.
Agentfolio was formerly known as Buyfolio and was acquired by
Zillow in 2012. Agentfolio is known for its unique collaboration
and co-shopping platform provided by mobile and Web to
efficiently coordinate communication and organization among
agents and home buyers involved in home search transactions.
This progressive and robust technology is aimed at making the
entire home buying experience more efficient. Through the
use of Agentfolio, people associated with online home searches
are able to pool resources in a central location. This releases
them from the hassles of crowded inboxes and unnoticed mails thus
making the home-buy process smooth and competent.
For Zillow Premier Agents, the real estate platform comes for
free. The ones who are not subscribed to Zillow's Premier Agent
advertising program will have to pay a $25 per month fee to
For agents, Agentfolio is beneficial as it allows them to
share, organize and discuss listings, local knowledge and
expertise with the clients easily. The adeqate information leads
to client satisfaction to influence home purchases.
In Chicago, Agentfolio will be launched in MREDpalooza, the
largest real estate tech expo in Chicagoland, taking place at the
Stephens Convention Center in Rosemont, Ill.
To realize a real estate transaction efficiently, transparency
in communication among the related agents and clients is a
necessity. Agentfolio caters to this requirement. Thus we expect
home buyers and agents to experience efficient home-buying
transactions with the introduction of Agentfolio. This is
expected to encourage more buyers to access the platform for
their needs which in turn will improve top line for Zillow. The
long term sales growth for the company is projected at
The sales growth projection comes on the back of Zillow's
incessant product launches and enhancement to existing ones since
the beginning of the year. Among such endeavors, the enhancement
to its free online portal Agent Hub announced on Mar 21, 2013 is
remarkable as it includes features like forwarding rules,
agent-branded drip emails and personalized recommendations unlike
many other platforms. The updated version of Agent Hub allows
real estate agents to search for and deal with all the
information and resources regarding Zillow at one place.
Zillow currently carries a Zacks Rank #4 (Sell). Among others
in the industry,
Angie's List Inc.
China Distance Education Holdings Limited
) carry a Zacks Rank #2 (Buy) while
WebMD Health Corp.
) carries a favorable Zacks Rank #1 (Strong Buy).
ANGIES LIST INC (ANGI): Free Stock Analysis
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ZILLOW INC (Z): Free Stock Analysis Report
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