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To: TigerLikesRooster

Zillow is the most consistently wrong source for real estate that I have come across.

I have not seen them once get a price right on a home in our market - usually Zillow shows it at a much higher price, sometimes as much as 50% too much.


4 posted on 05/22/2010 10:44:13 PM PDT by gunsequalfreedom
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To: gunsequalfreedom
You are saying that they are consistently ‘over-optimistic.’ Then we know how much margin we can discount their view by.
7 posted on 05/22/2010 11:35:49 PM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: gunsequalfreedom

Sounds like Zillow is still using an old boom years model.


8 posted on 05/23/2010 12:29:08 AM PDT by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: gunsequalfreedom
I have not seen them once get a price right on a home in our market - usually Zillow shows it at a much higher price, sometimes as much as 50% too much.

Based on what? Does Zillow give you an estimated price or the asking price?

Real Estate is another scam. It's an industry based on subjective reasoning all the way around.

10 posted on 05/23/2010 5:11:06 AM PDT by raybbr (Someone who invades another country is NOT an immigrant - illegal or otherwise.)
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To: gunsequalfreedom

Their concept is wrong; they can’t be right. There’s no way one website can estimate the value of every home.

Even appraisers who live in the areas they cover sometimes struggle to create the right value.


11 posted on 05/23/2010 5:14:54 AM PDT by Vision ("Did I not say to you that if you would believe, you would see the glory of God?" John 11:40)
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To: gunsequalfreedom

As for Zillow....the accuracy is just about equal to the cost of the service.....ZERO.


13 posted on 05/23/2010 5:53:44 AM PDT by pointsal
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To: gunsequalfreedom

Ours is always valued at half


15 posted on 05/23/2010 7:45:58 AM PDT by fml
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