What's My Home Worth? Mint.com Taps Zillow.com for Real Estate Valuations
Zestimate® Values Allow Mint Users to Better Track Their Entire Financial Portfolio
Mint.com is the leading online personal finance solution, and Zillow.com is a leading real estate and home shopping website. As the result of a new partnership, Mint's home valuation exclusively uses Zillow's proprietary Zestimate® algorithm for real estate analysis. Updated regularly for continued accuracy, Zestimate values factor in a range of data, including comparable sales and individual home facts, such as number of bedrooms, bathrooms, square footage, lot size and remodels.
"This will give Mint users a more complete financial picture so they can save and do more with their money," said Aaron Patzer, vice president and general manager of Intuit Personal Finance Group and founder of Mint.com. "Because a home is usually a person's largest asset, it makes perfect sense for us to integrate with Zillow, to help our users track their home's Zestimate in their Mint account."
The addition of Zillow information can also lead to better financial decisions.
"Zillow and Mint have a common goal -- to empower consumers with information so they can make more informed decisions regarding two very important areas of their lives -- their home and finances," said Spencer Rascoff, chief executive officer of Zillow.com.
Mint users who have already added their home to their Mint.com account will see their home's estimated value from Zillow the next time they log in. Others can add their home value at any time. To view Zestimate values for their homes, users simply add a real estate account and enter their home address in the property search box. Users can then decide whether they'd like to accept the Zestimate value or manually enter their estimated home value.
Mint.com is a leading online personal finance service from Intuit Inc. (Nasdaq: INTU), providing over 3.5 million users a fresh, easy and intelligent way to manage their money. And it's free. Launched in September 2007, Mint.com has quickly grown to track nearly $200 billion in transactions and $50 billion in assets and has identified more than $300 million in potential savings for its users. Mint.com's innovation is in applying advanced technology to deliver breakthrough ease-of-use. Using patent-pending technology and proprietary algorithms, Mint.com allows users to see all their financial accounts in one place, makes it easy to set and keep to budgets, and helps identify money saving ideas. Mint.com is so effective that more than 90 percent of users say they have changed their financial habits as a result of using the service. For more information on Mint.com's free online personal finance service, please visit http://www.mint.com and follow Mint.com on Twitter: www.twitter.com/mint.
Zillow.com is an online real estate marketplace where homeowners, buyers, sellers, renters, real estate agents and mortgage professionals find and share vital information about homes and mortgages. Launched in early 2006 with Zestimate home values and data on millions of U.S. homes, Zillow® has since added homes for sale and homes for rent, a directory of real estate and lending professionals, Zillow Advice and Zillow Mortgage Marketplace. One of the most-visited U.S. real estate websites, with more than 12 million unique visitors per month, Zillow's goal is to help people become smarter about homes and real estate in every stage of their lives -- home buying, selling, renting, remodeling and financing. The company is headquartered in Seattle and has raised $87 million in funding.
Zillow.com, Zillow and Zestimate are registered trademarks of Zillow, Inc.
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