Trulia raises $10 million
Congrats to Trulia on raising $10 million led by Sequoia. The race is now on between Trulia and Zillow!
The Venture Beat article, Real estate engine Trulia shows momentum, raises $10M, on the announcement discusses the difference in inventory between Trulia and Zillow:
Trulia says it has two million homes for sale. Zillow, by comparison, has only 130,000
It’s an interesting comparison but I don’t know how relevant that comparison is for the majority of consumers.
For instance, Redfin doesn’t compete at the national level like either of those companies. However at the local level in the markets we serve, where consumers care the most about available inventory, we have both beat. Living and looking for a home in Seattle I could care less who has more inventory outside of Seattle I just care about who has all the inventory in Seattle.
May 25th, 2007 at 4:35 pm
I still say that the weakness on the Redfin, Zillow, etc. sites is that they do not have a good mortgage financing solution.
We have talked to Glenn and Redfin ad nauseum about helping in this area with no reasonable response.
It is like offering the meal without the plate or utensils.
Story to be continued for sure as the mortgage markets recover and evolve.
May 25th, 2007 at 6:25 pm
Trulia and Zillow just make consumers smarter and more informed for the gen x and gen y crowd. Good for Trulia! I really like the site but 10 million is not that much money.