Zillow Inc (Z): Real Estate Recovers — Who’s Buying?

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Lantz: We think that we have far and away the best consumer experience for mortgages. It’s the way to find the lowest rates, lender ratings, and reviews. You can shop anonymously — so you contact your lenders, not the other way around — you can find us on mobile; you can get all sorts of products, even underwater products. So bar none, the best experience out there.

We see a time when everyone who’s in the market for a mortgage at least comes to check what their offer is, relative to what they can find on ZMM. But now we are less than one half of 1% of that market.

Smith: So there’s a lot of potential. Best product, a lot of potential. That’s a good formula to be in, I guess.

Lantz: Yes.

The article Real Estate Recovers — Who’s Buying? originally appeared on Fool.com is written by Austin Smith.

Austin Smith owns shares of Zillow. The Motley Fool recommends and owns shares of Zillow.

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