Trulia Inc.
The Afternoon Wrap: Thursday
- William Lescaze's 6,800-square-foot 1935 Upper East Side modernist masterpiece is on the market for $8 million. What do the commentators say? "It's hideous." And: "A shit for a house [sic] only an architect would fall in love with. Raze it. It was hideous then and it's hideous now." [Curbed]
- Why have the French disallowed H&M from opening a 50-million-Euro flagship? "There is a risk that the Champs Elysees could become banal," the head of planning for Paris's City Council said. She added, zestfully, "We have nothing against H&M." [Times of London, via ArchNewsNow]
- Real estate search engine Trulia has formed a big-name advisory board "to help with strategic planning." Are they planning a new-wave techno-real-estate monopoly? Or maybe a take-down of REBNY? [Matrix]
- Rule of the Day: Cobble Hill may never again be celebrated "for the sheer depth" of its glassware collectibles stores. [Apartment Therapy] - Max Abelson
Trulia and Property Shark Join Forces
We were late receiving the press release from Trulia.com and PropertyShark about a reciprocal arrangement to share data (though The Walk-Through got it a couple hours ago).
Here's why they're doing it, according to a statement from PropertyShark founder Matthew Haines:
“As the real-estate data market heats up, with lavishly-funded start-ups like Zillow joining the fray, it is essential that focused players like Trulia and PropertyShark partner to provide consumers and professionals with a soup-to-nuts offering of sales, leads, and property data and tools.”
Combined with this bizarrely written bit of gossip from Inman News, that Zillow is filing for real-estate brokerage licenses in every state, we're starting to think the anticlimactic launch of Zillow wasn't so much an anticlimax as the tip of an iceberg.
In other words: Zillow, forced to launch early, hasn't fully tweaked its data offerings--early disappointments are likely to be corrected; what's more, speculation it was so much less than brokers feared may be premature.
The full press release after the jump. read more »
