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Old 02-15-2012, 07:33 AM
 
5,340 posts, read 14,107,411 times
Reputation: 4699

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Quote:
Originally Posted by Surbiton View Post
With so few posts about Zillow on a Real Estate forum it begs the question if it serves any purpose? Maybe there would be more interest if they posted accurate information instead of their useless zestimates?
I use it to find recent sales in an area. It is my version of a 'comp check' since I don't have MLS access.

I don't use it for zestimates or market trends.
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Old 02-15-2012, 08:45 AM
 
2,401 posts, read 4,674,022 times
Reputation: 2193
Is Zillow irrelevant???

No. Because even after buying my property, I still use Zillow for research purposes, looking at market trends, monitoring my "surrounding" areas for "if" any available homes & price it go for & such.
I don't frown at *free* info, which may or may not be correct (are all media that truthful & fair nowadays?? Same principle, if anyone else don't complain about the news... why should they nick pick something else???).... to me, it is a quick fingertip overall "news" that I just like to read about.
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Old 02-15-2012, 11:11 AM
 
Location: Columbia, SC
10,940 posts, read 21,916,982 times
Reputation: 10571
Quote:
Originally Posted by Bideshi View Post
Is Realtor.com more accurate?
Yes.
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Old 02-15-2012, 01:32 PM
 
683 posts, read 461,800 times
Reputation: 514
Zillow is a piece of garbage through and through.
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Old 02-15-2012, 02:37 PM
 
5,340 posts, read 14,107,411 times
Reputation: 4699
Quote:
Originally Posted by suzsaz View Post
Zillow is a piece of garbage through and through.
Are the recent sales it shows in your area not accurate?
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Old 02-15-2012, 04:35 PM
 
Location: Meggett, SC
11,011 posts, read 10,998,110 times
Reputation: 6191
Zillow has been pretty accurate for our area. I believe, for our area, they pull from the county records that does disclose the sold price. Sure, I can go and look it up myself in the county records but Zillow makes that a bit quicker. Guess it all depends upon where you live.
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Old 02-16-2012, 06:30 AM
 
6,321 posts, read 10,293,507 times
Reputation: 3835
The Zestimates are pretty useless, but Zillow as a whole is not. From what I've seen the info about recent sales, links to tax records, etc. are pretty helpful. There was even a house I looked at which on Zillow showed the driveway as going over the lot line, so I said to my realtor "Hey, I know Zillow isn't always accurate but it looks kinda like part of the driveway is actually on the neighbor's property." Low and behold, it was.
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Old 02-16-2012, 10:51 AM
 
Location: NJ
17,574 posts, read 46,063,218 times
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Quote:
Originally Posted by GoPhils View Post
The Zestimates are pretty useless, but Zillow as a whole is not. From what I've seen the info about recent sales, links to tax records, etc. are pretty helpful.
My thoughts exactly.
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Old 02-16-2012, 04:34 PM
 
5,500 posts, read 10,501,046 times
Reputation: 2302
Quote:
Originally Posted by GoPhils View Post
The Zestimates are pretty useless, but Zillow as a whole is not. From what I've seen the info about recent sales, links to tax records, etc. are pretty helpful. There was even a house I looked at which on Zillow showed the driveway as going over the lot line, so I said to my realtor "Hey, I know Zillow isn't always accurate but it looks kinda like part of the driveway is actually on the neighbor's property." Low and behold, it was.
It's a very helpful site overall.
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Old 02-17-2012, 10:57 AM
 
3,490 posts, read 8,210,878 times
Reputation: 3971
The zesstimates are worse than useless.
Apparently our house is worth close to half its market value and the rent 'zesstimate' is less than half the rent we get.

The new house we are looking at has a 'zesstimate' far above it's market value.

I find this so annoying on both ends of the scale, but obviously being dramatically undervalued is worse. In the city it compares the property to ones that are close'ish, but in completely different neighborhoods with value differences of several hundred thousand.

I guess it might be more useful in a suburban area?
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