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Agents shouldn’t equate zestimate with anything real. It’s not. Zillow has, as another agent notes, produced a marketing ploy – and not a very good one. If marketing people spoke to public relations people, Zillow would end this practice. It’s a public relations nightmare.
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Well, since buying his home a year ago, Gray has been using Zillow to track not only its value – which had shown declines in eight consecutive Zestimates – but the values of homes in his.
In his corner of American finance, where hard selling meets hard luck, Angelo. And overall, it’s still difficult for many people to get a mortgage. Lenders are easing up on requirements and opening the door for bankruptcy filers to get back into a home far sooner than they’d been able to in the past.
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Very poor business practices if they can do this and not even seem concerned. Zillow should not legally be able to show a Zestimate value of any kind on privately held property without having some.
Thoughts on the new Redfin Estimates? (self.RealEstate). Zillow’s Zestimates usually are junk, but on initial glance redfin estimates seem more in line with what I would value the properties I’ve checked, but still a little off.. The wife will be happy to hear about the Redfin estimate.
You Can’t Trust Zillow And Its Estimates Posted by financial samurai 94 comments When Zillow.com launched its website in 2005, the world was a buzz with the company’s ability to bring appraisals, called Zestimates, to everyone’s fingertips.
Here are the states with the priciest homes for sale Zillow stock is uniquely positioned Monday Morning Cup of Coffee Monday Morning Cup of Coffee takes a look a news coming across HousingWire’s weekend desk, we more coverage to come on larger issues. If a memo shared by lenders to HousingWire is to be believed, then. · Zillow has definitely succeeded at disrupting their industry. zillow challenged the real estate industry by creating a platform that used digital data to redefine a number of conventions like real estate discovery, property values, mortgages, etc. Zillow is now a go to site for real estate buyers, agents and even industry analysts.For the best in luxury homes for sale and luxury vacation rentals, visit Luxury Real Estate, home of the finest real estate professionals from around the world, and the listings they represent.