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Posted on 6/14/21 at 8:08 am to Geekboy
You mean an algorithm created in San Francisco monitored in India didn’t hit the mark on your home is Bawcomville?
Posted on 6/14/21 at 8:09 am to Geekboy
In general, Zillow is pretty terrible and slow to update. When I was looking for a house Zillow was always at least a week behind updating houses that were under contract, etc.
Posted on 6/14/21 at 8:23 am to sweetwaterbilly
quote:
In general, Zillow is pretty terrible and slow to update. When I was looking for a house Zillow was always at least a week behind updating houses that were under contract, etc.
Lol, duh….to my knowledge Zillow doesn’t monitor the mls it pulls the information from property appraisers on closings. The property appraisers take a month or more often to update. So of course Zillow is behind.
Zillow simply uses comparable sales with an algorithm to compute your value. It is what it is, expecting it to be some on site perfect realtor is absurd. Use the information for what it is.
This post was edited on 6/14/21 at 8:23 am
Posted on 6/14/21 at 8:23 am to Geekboy
Since we're on the subject.....
Perhaps one of the funniest bits SNL has done in years.....
Zillow..........
Perhaps one of the funniest bits SNL has done in years.....
Zillow..........
Posted on 6/14/21 at 8:24 am to Geekboy
I used 3 different sites to estimate value on a rental property about 3 years ago.
None of them were accurate, and they went from slightly low to very high, so even the average of their values wasn’t accurate.
Not a good estimation tool.
Posted on 6/14/21 at 9:25 am to Geekboy
I live in a city that was carved out of another city. There are 2 listings for our house, one in the old city and one in the current. There is a $90,000 variance between the 2 listings for the same house.
Same address. Same house. Same comps. Same zip code. Literally the only thing that is different is the city name... and they have even updated that now so the same city name resolves on both pages! lol
Same address. Same house. Same comps. Same zip code. Literally the only thing that is different is the city name... and they have even updated that now so the same city name resolves on both pages! lol
Posted on 6/14/21 at 9:27 am to Geekboy
Posted on 6/14/21 at 9:29 am to Geekboy
quote:
Sold my house for literally over $100,000
No you didn't
Posted on 6/14/21 at 9:51 am to Geekboy
It's a sellers market at the moment.
Posted on 6/14/21 at 9:55 am to Willietd
Looking at Zillow and Redfin for my house, I see that one of them gives me credit for a bedroom that I don't have and the other is shortchanging me by about 400 square feet.
The numbers look pretty good, though. They're up about $35,000 from what I paid in September. I think that reflects market conditions pretty well.
The numbers look pretty good, though. They're up about $35,000 from what I paid in September. I think that reflects market conditions pretty well.
Posted on 6/14/21 at 9:55 am to Geekboy
Sometimes the underlying data is wildly inaccurate.
I saw a property once where they had the closing date off by three weeks and the sale price off by $400,000. I looked at it with a realtor who accessed the MLS and confirmed it was the same property.
I saw a property once where they had the closing date off by three weeks and the sale price off by $400,000. I looked at it with a realtor who accessed the MLS and confirmed it was the same property.
Posted on 6/14/21 at 9:59 am to Geekboy
Sold my house for literally over $100,000 what it said on their site. ----what are you complaining about? You should be thrilled
Posted on 6/14/21 at 9:59 am to SDVTiger
quote:
Sold my house for literally over $100,000 what it said on their site.
quote:
No you didn't
Okay. Not literally. Zillow had it listed at $160,000. Sold it for $267,000. So sold it for $107,000 more. My bad.
Posted on 6/14/21 at 10:12 am to Geekboy
If I could sell my house for $100k over their estimated price I would sell it today!
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