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#9157 - 07/30/06 11:34 AM Re: Zillow advertising
broker Offline
Major Contributor

Registered: 08/16/04
Posts: 1979
Loc: Cary, NC
Drew,

Thanks. I guess we'll have to wait to see what Zillow provides and what thier true intentions are.
_________________________
the real estate industry is changing...

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#9158 - 07/30/06 01:45 PM Re: Zillow advertising
eldoradosrealestate.com Offline
Veteran Member

Registered: 10/22/05
Posts: 939
Loc: Placerville Ca
Last time I checked a Zestimate it came up with what the home just sold for. The problem was it sold for over 150000 over comps with no good comparisons available. Called the listing agent and asked how they got so much money and she stated she really didn't know. They got lucky and there were active listings in the price range at the time....What appraiser uses actives?!!
I think Zillow is a great idea, I wish I would have thought of it. But I would have big bold disclaimers everywhere. "PS Our analysis really doesn't mean anything. We pull comps out of the blue."
_________________________
Margaret Holland
Holland Realty
Broker

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#9159 - 07/30/06 01:47 PM Re: Zillow advertising
eldoradosrealestate.com Offline
Veteran Member

Registered: 10/22/05
Posts: 939
Loc: Placerville Ca
Regarding the original question. NO I have not advertised on Zillow and no I would not want to give them my money.
_________________________
Margaret Holland
Holland Realty
Broker

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#9160 - 07/30/06 02:32 PM Re: Zillow advertising
pikes peak Offline
Major Contributor

Registered: 12/15/04
Posts: 2744
Loc: CO

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