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how many errant websites should the listing agent be responsible for the accuracy of? We are already responsible for our marketing, and our MLS info.
Sorry, I didn't mean it in that way. I assumed, wrongly it appears, thar checking zillow would have been automatic, since it's the 600# gorilla. Other than them and redfin I'm not honestly certain what other ones are out there.
Agreed, but also the seller's agent should have caught and corrected before listing, IMHO.
What are you people talking about. Anyone can claim any home on Zillow (or Redfin) and make their own corrections. How could you possibly know that anyone even looked at the Zillow listing?
I find Redfin to be super accurate. But Redfin does take the last listing and go with that unless actively changed. So if you added a bathroom or something YOU need to update it.
What are you people talking about. Anyone can claim any home on Zillow (or Redfin) and make their own corrections. How could you possibly know that anyone even looked at the Zillow listing?
I find Redfin to be super accurate. But Redfin does take the last listing and go with that unless actively changed. So if you added a bathroom or something YOU need to update it.
No one should have to "reclaim" their property from any commercial pop enterprise to defend or correct a zestappraised value that has been publicized for profit.
Appraisals should be performed by licensed appraisers.
Licensed real estate agents cannot offer an opinion on market value in many states. They can only offer a CMA-supported "likely sales price."
"Value" opinions are the province of licensed appraisers.
Last edited by MikeJaquish; 11-21-2017 at 04:40 AM..
What are you people talking about. Anyone can claim any home on Zillow (or Redfin) and make their own corrections. How could you possibly know that anyone even looked at the Zillow listing?
I find Redfin to be super accurate. But Redfin does take the last listing and go with that unless actively changed. So if you added a bathroom or something YOU need to update it.
I just meant it in terms of like a Google search just to see what's publicly out there on a property.
My real estate obsessed friends scour Zillow to casually pre-screen neighborhoods in my overheated market, and would rule a property in or out by the basic info the see there. Like a 3BR house in a neighborhood of 5BR houses, for example.
Sorry, I didn't mean it in that way. I assumed, wrongly it appears, thar checking zillow would have been automatic, since it's the 600# gorilla. Other than them and redfin I'm not honestly certain what other ones are out there.
I am sorry if my response came across too negatively.
Redfin is a brokerage, and once it's listed all of their info should be accurate.
Zillow does allow you to claim a house before it hits the market, and is MUCH easier now than even a year ago to update the house info.
Once Zillow scrapes the MLS feed though, it's nowhere near as easy to make changes.
There are literally 500+ sites that get the data feed.
Their gross inaccuracy helped allow us to buy our current home without a bidding war (virtually guaranteed in our market) and for a very nice price.
Quote:
Originally Posted by elhelmete
This is what happened when we were shopping for our current house. Zillow had fewer SF and fewer bedrooms when the house came on the market and the seller never corrected. This is in a desirable neighborhood known for bigger homes. The MLS was correct, but the wrong info on Zillow absolutely knocked out a bunch of potential buyers; it was us plus one other bidder when the norm was a dozen or more.
That doesn't really sound like it was caused by an inaccurate zestimate, moreso by zillow's information being inaccurate in general (which as a side effect would likely also result in a lower zestimate).
I got an email from Zillow saying they estimated my condo was worth $440,000. I went to redfin, and their estimate was $176,000. Quite a difference.
Is there any kind of industry insider knowledge about how accurate either of these companies are in their estimating home values?
Did either Zillow or Redfin actually look at your condo? Why would you be concerned over an estimate from an entity that never even looked at your proplerty?
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