· real-estate agents recount arguments with sellers who reject their pricing advice, choosing instead to take the zestimate as the word of god. Did zillow disrupt real estate? Why does my zillow value estimate fluctuate?
Understanding the Context
See what you should do instead to find out your property value. · learn why zillow estimates of home value are not accurate in most circumstances. Will zillows zestimate values turn backwards this year? We explain the gears behind the zestimate and why they sometimes turn backward.
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Key Insights
· zillow ’ s approach, which primarily relies on quantitative data, fails to adequately account for these subjective psychographic factors that drive real estate decisions. · zillow , the largest web-based real estate marketplace in the united states, removed critical property-level data at the behest of angry realtors, cnn reported. · competing real estate firm compass filed a lawsuit against zillow challenging its listing standards, which require sellers to list homes on zillow within one business day of them appearing on. · so, while zestimates may be good for getting some general market data, you should never use a zillow property search to estimate the precise value of your home. · many homeowners are asking, why is my home value dropping on zillow ?
Important Details
Why is my homes value dropping on zillow?
