SEATTLE, WA - Zillow, the leading real estate information marketplace, launched the Zillow Mortgage Marketplace shopping experience on AOL® Real Estate and DailyFinance, providing tools to research, shop for and compare mortgages.
AOL Real Estate and DailyFinance visitors now have easy access to important home financial information, such as mortgage calculators, real-time mortgage rates, and Zillow's innovative mortgage shopping experience, which allows users to compare personalized loan quotes and lender reviews, and connect directly with lenders. Already this year, consumers have submitted nearly 5 million loan requests in Zillow Mortgage Marketplace, receiving an average of 18 customized loan quotes per loan request.
In October, AOL and Zillow announced the partnership to add the Zillow Mortgage Marketplace shopping experience on AOL Real Estate and DailyFinance in 2012.
"We planned to launch this integration next year, but as mortgage rates remain at historic lows consumers are clamoring for quick and useful mortgage information. In less than two months, Zillow and AOL's development teams worked closely together to launch Zillow Mortgage Marketplace on AOL Real Estate and DailyFinance," said Spencer Rascoff, Zillow CEO. "Expanding Zillow Mortgage Marketplace to AOL is an important milestone, and will expose our unique mortgage offering to many more millions of mortgage shoppers."
"Our goal is to provide a suite of best in class financial tools and resources to support our users as they make personal finance and real estate decisions through their life stages," said Jay Kirsch, SVP & GM, AOL Marketplace. "We are thrilled to have Zillow join our team of outstanding partners. Collectively, we are bringing the best of the Web to our AOL users in one comprehensive online destination."
Zillow (NASDAQ: Z) is the leading real estate information marketplace, providing vital information about homes, real estate listings and mortgages through its website and mobile applications, enabling homeowners, buyers, sellers and renters to connect with real estate and mortgage professionals best suited to meet their needs. Nearly 22.5 million unique users visited Zillow's websites and mobile applications in November 2011. Zillow, Inc. operates Zillow.com®, Zillow Mortgage Marketplace, Zillow Mobile, Postlets® and Diverse Solutions™. The company is headquartered in Seattle.