New Web database lists values of homes
Could Web site do real estate agents’ job?
After months of intense speculation within the real-estate industry, supersecretive Zillow.com announced Wednesday it was rolling out a Web feature that eventually will allow anyone nearly anywhere in the nation to accurately calculate the worth of their home or almost any home they choose.
Seattle-based Zillow is the brainchild of Rich Barton, the former Microsoft executive who created Expedia in 1994. It revolutionized the travel industry by transforming it from a service-oriented business into a self-service business. Expedia brought in $1.6 billion in revenue for the nine months ended Sept. 30.