Pleasanton, CA (PRWEB) May 23, 2011
SmartZip Analytics, Inc. announced today that it has partnered with Dominion Enterprises to power the newly launched Home Values feature on Homes.com, a division of Dominion and one of the nation’s leading real estate websites. The Home Values feature on Homes.com uses SmartZip’s proprietary automated valuation models (AVMs) to provide home buyers, home owners, investors and professionals with instant access to accurate assessments of market values on over 75 million homes across the United States.
In addition to SmartZip’s Home Values, Homes.com also integrates SmartZip’s HomeScore on every property. While Home Value provides an estimate of a home’s fair market price, HomeScore is a rating of investment quality that indicates long-term potential to appreciate in value, relative to all other homes nationwide. A SmartZip HomeScore of 50 is the national average, so homes that score above 50 are expected to outperform the market while those that score below 50 are expected to underperform.
“We are excited to bring our home values and investment ratings to consumers via one of the most popular and trusted real estate websites,” said Tom Glassanos, president and CEO of SmartZip Analytics. “In a market fraught with uncertainty, our partnership with Homes.com gives home buyers much-needed confidence by offering an independent and objective view into current and long-term home values.”
“Most real estate searches start on the internet with home values being a crucial first step,” said Jason Doyle, vice president of Homes.com. “SmartZip’s industry-leading analytics, combined with our network of real estate professionals in local markets, help bridge the gap between online searches and real world transactions.”
The Home Values feature on Homes.com can be found at http://www.homes.com/Home-Prices.
Multimedia – Download screenshots of Homes.com’s Home Values by clicking here.
About SmartZip Analytics, Inc.
SmartZip Analytics is a leader in real estate analytics, helping banks, real estate professionals and consumers make smart decisions about real estate. Backed by Intel Capital and adopted by leading real estate websites and businesses, SmartZip’s products offers valuable insight about pricing, investment quality, risk, desirability and likelihood to sell. SmartZip home values, ratings and analysis are available for over 75 million homes in 56,000 U.S. neighborhoods. SmartZip is a privately held corporation headquartered in Pleasanton, California, and can be found on the web at http://www.smartzip.com.
Homes.com, a division of Dominion Enterprises, is a leading provider of real estate marketing and media services, including brand advertising, property listing exposure and syndication, search engine marketing and instant response lead generation. Over 6 million consumers visit Homes.com each month to search nearly 4 million properties for sale or rent, to locate real estate agents in their area and to find useful home buying tips. Homes.com provides premier advertising solutions for real estate professionals reaching active homebuyers and sellers. For more information, visit http://www.Homes.com.
Avi Gupta – VP of Marketing and Business Development
SmartZip Analytics, Inc.
Patty McNease – Director of Marketing
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