During the Real Estate Connect Conference, Inman News announced Zillow CEO Spencer Rascoff as the the 2011 Innovator of the Year. This award accredits individuals who have furthered the Real Estate business by adding to the real estate transaction process, thereby improving the experience for both the consumer and the real estate professionals. Rascoff's background is heavy with experience in investment banking and the private equity industries, expertise that has served him well at Zillow. Involved in Zillow from the very start in 2005, Rascoff has seen this website grow to become one of the most popular real estate websites with its new approaches to buying homes shown in their mobile applications and their "Zestimate" algorithm.
Other Inman awards include the Most Innovative Real Estate Website or Service given to eEdge, an agenting platform and also the Most Innovative New Technology prize, which was awarded to Down Payment Resource.