29 posts and columns on Trulia
News ByteTrulia introduced a new feature called Find an Agent to help connect prospective home buyers and sellers with real-estate professionals. Though the company already offers an agent directory, users will now be able to search Trulia for a real-estate agent based on experience, local expertise, sales history and client recommendations. The company said it developed the tool as another form of “word of mouth,” and due to the increasing importance of matching people with the right agent to help navigate changing and competitive market conditions.
News ByteTrulia shares climbed as much as 43 percent to $24.24 a share today in its public market debut. The San Francisco online real estate listings company priced shares at $17 apiece last night, up from its original expectations of $14 to $16 each. The company sold six million shares and raised roughly $85 million for the business, excluding proceeds from stockholder sales.
News Byteexpecting real estate marketplace Trulia to set its IPO price somewhere in the $14 to $16 neighborhood, but the market must have looked favorable, because TRLA will debut at $17 on the NYSE tomorrow. The six-million-share offering (one million of that from existing investors) will bring in $102 million. In going public, Trulia follows sector leader Zillow, which hit the market last year at $20 and closed Wednesday at $45.55.