Wednesday, February 25, 2009

A Partnership Made in Heaven, Zillow's Free Leads for Mortgage Professionals and LoanSifter's Pricing Engine

Enter the Newest World of Auto Quoting on Zillow.com Free Leads with LoanSifter.

This is an awesome new opportunity for Leads, sign up and watch the leads fly in!

Free leads, and takes no time to quote, what could be better? Free Money!


Zillow.com Stats

· One of the top real estate Web sites

· Monthly unique visitors: 7.5 million, 61% more than year ago

· Visits per month: 15 million, 58% more than year ago

· All traffic is from organic growth. We do not advertise to drive traffic to the site.

· More than one million Zillow visitors are seeking a loan in the next six months

Zillow Mortgage Marketplace Stats

· Monthly unique visitors: >400,000

· Visits per month: >600,000

· Loan Requests made by borrowers since launch in April 2008: 166K

· Loan Requests per month: has varied from 10,000 to 30,000

· Type of loan requested: has shifted dramatically toward refis over the past 2 months, but is more of an even split in Feb (so far)

Zillow Mortgage Marketplace Effectiveness

· 30% of borrowers stated that they have either closed a loan or expect to close a loan soon with a lender they connected to through Zillow Mortgage Marketplace.

· 89% of active lenders on Zillow have been contacted by borrowers, and 67% of active lenders have closed loans or are in the process of closing loans with borrowers they quoted on Zillow Mortgage Marketplace.

· Borrowers who have used other online lending sites rated Zillow 30% higher than Lending Tree and 40% higher than Lower My Bills in terms of overall satisfaction. Lenders rated Zillow Mortgage Marketplace 50% higher than Lending Tree and 60% higher than Bankrate and Lower My Bills in terms of overall satisfaction.

Written by Susan Bean, and Bruce Backer

For more information, please visit our website at http://www.loansifter.com/, or call 972-974-8621.


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