Mint taps Zillow for real estate valuations
22 September 2010 | 2072 views | 0
Mint.com and Zillow.com® have partnered to help customers determine their homes' value as part of their overall 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.