Manage and auto-quote free leads from Zillow Mortgage Marketplace
How it works:
- Borrowers anonymously request custom loan quotes on Zillow.
- Using Broker Buddy, you can automatically create and submit custom loan quotes based on borrowers?? detailed information.
- Your quotes are automatically sent back through Zillow for borrowers to view.
- After borrowers review quotes, they contact lenders that best fit their needs.
- You don??t need to chase cold leads ?? customers contact you when they are ready to take the next step.
How Do I Get Started?
- If you aren??t currently a Broker Buddy client, simply set-up an account here: Sign Up Now!
- Go to Zillow Mortgage Marketplace and click the
button.
- After you receive your confirmation email from Zillow (this may take up to 2 days), return to BrokerBuddy, Login, and go to the "Zillow Settings" tab.
Zillow.com Stats
- One of the top real estate Web sites
- Monthly unique visitors: 8.8 million, 71% more than year ago
- Visitor median HH income: $90K ?? one of the most affluent on the web
- More than one million Zillow visitors are seeking a loan in the next six months
Zillow Mortgage Marketplace Stats
- Average credit score of borrowers: 755
- Total Loan Requests made by borrowers 235,000
- Loan Requests per month: 50,000
- Type of loan requested: 50% refi, 47% purchase, 3% home equity
- Two-thirds of participating originators have been contacted by at least one borrower after submitting quotes.
- On average, lenders close 20% of contacts they receive, with some lenders closing 50%
About Zillow Mortgage Marketplace
Zillow Mortgage Marketplace is a free, open, and transparent lending marketplace, where borrowers connect with lenders to find loans and get the best mortgage rates. Borrowers anonymously submit loan requests and receive an unlimited number of custom mortgage quotes with real rates directly from thousands of lenders. Zillow Mortgage Marketplace also provides mortgage calculators, mortgage advice, mortgage widgets, and lender directories. In April 2008, Zillow Mortgage Marketplace launched in affiliation with Zillow.com, one of the most visited U.S. real estate Web sites.
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