StreetEasy Launches New Valuation Tool

October 14, 2020
Share this Post: 

More proptech news from StreetEasy. The NYC-based real estate listing platform is launching an automated valuation model (AVM) tool. This new product will help homeowners make a more accurate valuation of their home in preparation for selling it.

StreetEasy’s AVM differs from its parent company’s Zestimate tool as it is not public-facing and will only be available to homeowners per request.

Doug Perlson, StreetEasy’s Vice President of Real Estate Strategy and Operations explained that the New York City housing market is unique and needs special-made technologies to gather the most accurate information. The AVM is here to do just that.

However, StreetEasy has stressed that the new tool is not an appraisal tool, but a starting point for sellers and should be coupled with other tools offered by StreetEasy.

October 14, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Dorrinsider Cover
Ten Questions With Farah Falconi, Founder & CEO of DoorInsider

The question of whether portals or agents should be the ones to push new immersive listings technology is one we've...

Read More
Fang.com Gloomy
Chinese Portal Fang.com Could Be Kicked Off NYSE as Deadline Passes

The Chinese real estate portal company Fang.com could be set to be delisted from the New York Stock Exchange after...

Read More
Zillow And Nar Vs
Zillow Accuser REX Hires Big Shot Lawyer Despite Apparently Being Broke

The discount brokerage involved in a bitter court battle against Zillow and the National Association of Realtors (NAR) has hired...

Read More
Housfy Habi Landgate Funding
PropTech Funding Roundup: Habi, Housfy and LandGate

We've got everything you need to know about the latest PropTechs out there getting investor funding. VC firms may be...

Read More

Popular News