Trulia Launches Trulia Estimates

WAV Group
Published: 09/07/2011
Posted by: RET Staff

This article appeared originally on the WAV Group blog.

Property search portal, Trulia.com announced today the beta release of Trulia Estimates in the San Francisco Bay Area. Through this new product release, consumers will have access to Trulia property valuation estimates on more than 1 million Bay area homes.

WAV Group spoke to Trulia to gain a preliminary glimpse into the new product offering that launched today. The areas covered in the beta include five San Francisco Bay area counties including San Francisco County, Marin County, San Mateo County, Santa Clara County and Contra Costa County.

Trulia indicates that they have been working on developing their property estimate algorithm from scratch internally, leveraging the strengths of their data team and property scientists. The company has been benchmarking the effectiveness and accuracy across multiple commercial and consumer AVM solutions for many months to gain confidence in the quality of the product.