Article About the Sale of SE to Zillow
Started by rlr689
over 12 years ago
Posts: 158
Member since: Apr 2012
Discussion about
http://therealdeal.com/issues_articles/zillow-shocks-insiders-with-streeteasy-strategy/ You all can read about the sale of StreetEasy to Zillow and all the behind the scene players. Just as some have surmised, Zillow has the backing of some big name brokerages in NYC. We the "small guys/ gals" have lost. :( In case you have not seen the article from 11/1/13.
From the Real Deal.
Interesting article. Reads to me like the further demise of Street Easy as we know it will continue. Perhaps most intersting is the discussion about SE's previous ability to get all listings in a market. So far the complaints about the changeover seem primarily aimed at the new (poor in my opinion) interface. It would really be a shame if the listings and info related thereto in NY also decreased as they are for other former SE cities.
Yep, It sounds to me Zillow got rid of its formidable and superior competitor for the urban RE online sites (SE) by buying it. Zillow will then bring (or already have) brought) SE down to Zillow's inferior level. Only 80% penetration and info on NYC listings vs. SE's 100%. Instead of continuing with SE's effective strategies to expand into other urban markets with the same successful model, Zillow already has curtailed 2 of SE's original urban markets.
Zillow, you are lousy. You buy a successful company to bring down the standards. Instead of congratulating yourselves, you should be ashamed of yourselves!!!
Too bad SE top executives and investors caved in to an offer of $50 million when SE could grow bigger with its local feeds and cooperation from the local realtors who also saw the value of all that SE HAD to offer.
Oh, please. SE sold-out. Zillow ate them for breakfast and spit them out by lunchtime.
Thanks for this article, RLR69. This sale looks more disappointing each time I read about it. Zillow, with its legions of "undisclosed address" nonsense listings, is designed around suburbia and single-family homes and is worthless for people whose only interest is NYC. They've already shown what's in store with their insipid, white-space-dominated, annoying new layout.
But they got the bored, frustrated, unemployable housewife's angry drunken comments at no extra charge.
Trip: Did you see Tony Bourdain's CNN show yesterday? On Tokyo. It was like his "No Reservations" series on Travel Channel. Which is to say: They let him have fun.
And the person with hpd, npd's input also,
Go to sleep, aboutready. It's 10:30pm. Tomorrow is another boring, frustrating, angry, drunken day for you.
If you can't say anything original, don't you supposedly write for a living?
Go to sleep, aboutready. You are a drunken fool. It's 10:50pm. Stop your drunken ranting and raving.
Stop trying to have a connection with me. I'm not interested. Go to sleep.
So, this is what Zillow paid the big bucks for: a drunken alkie housewife who can't control her anger and resentment. Lovely comments tonight, until she finally passed-out.
Pathetic, truly. You're waiting and waiting and waiting for her her reply to your actionable abuse, and a mere 13 minutes after your last post you have to come back with more verbal diarrhea.
Absolutely no surprise, but truly pathetic.