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Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
6,957 posts, read 22,304,764 times
Reputation: 6471
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Quote:
Originally Posted by mkarch
Realtors on average know less than Zillow about homes.
Posters, on average, know even less than those of us that are on the front lines every day. Zillow? Amusement value only in my neck of the woods.
Back in my early days in Everett, WA, one could stand at the curb and nail the value of every home on the street within $500 (Homes were priced in the 40K to 60K range).
Buying a car? Have you seen the TrueCar ads? Put your zip code in and we'll tell you what cars have sold for in your area. There might be 20,000 cars with the same build numbers in the US. Why would your zip code matter? Because markets are localized.
Zillow might be great in some subdivisions in some cities, but their model has no idea what's on the inside of any given home and even if an owner claims the property, and adds information to it, it's still going to be a case of the law of large numbers.
I think you "remove everything" people are paranoid.
1. Burglars only care about: TVs, drugs, cash, jewelry. 3/4 are not shown in photos.
2. The NSA already all this info in their database.
Zillow is complete garbage. My neighbor that has a smaller and worn down property yet worth more than mine on Zillow. You can't have software do automated property assessment guessing.
There are many flaws with the Zestimate, but just because you disagree is not prima facie proof that it's wrong. Maybe your neighbor's property really is worth more than yours.
You seem to be taking this (basically useless) estimate pretty personally, but don't feel bad because you're not the only one.
Trulia gives the public records information and the comps ADDRESSES AND DATA. And if for some weird reason you think it's a lie you can look yourself on the property tax office records.
The VALUE is what the comps say - give or take. We don't need a REALTOR TO FIGURE THAT OUT. Now if there are no comps, PERHAPS we'll trust you guys to ballpark it.
Besides, the REALTOR is the one putting the listing up there from MLS so what's the problem again with Trulia? I have NEVER seen Trulia be wrong.
OH. It's that the realtors can't steer you to just THEIR listings, right?
Last edited by runswithscissors; 02-25-2015 at 03:34 AM..
You need to volunteer somewhere! You have too much time to think about things that absolutely do not matter in the grande scheme of things. Meals on Wheels would be happy to have you and you would meet some of the finest human beings on Earth delivering meals to them! Most are either lower income or home-bound for a myriad of reasons. They are ALWAYS thrilled to see you coming! You could even possibly save a life doing this. Your upgraded home would not mean a darn thing to you any longer and Zillow would be a thing of your past, too. IF MOW isn't your cup-o-tea, then Habitat or a Battered Women's Shelter might be. OR any lower income Elementary School in the country could use you to sit, one on one with a child having difficulty learning to read, most likely because his/her parents do not speak English to them at home.
Remember: YOU asked.
They asked "is it odd"?
They didn't ask for some cutesy condescending social worker lecture.
But you're right about one thing. [Even NOT] asking gets you annoying replies on the internet.
I agree with most of the posters here. Go to realtor.com or have a realtor look some homes you like in specific areas that you are considering. Zillows has lots of wrong information. I don't know how they arrive at some of their Zestimate figures either.
Posters, on average, know even less than those of us that are on the front lines every day. Zillow? Amusement value only in my neck of the woods.
Back in my early days in Everett, WA, one could stand at the curb and nail the value of every home on the street within $500 (Homes were priced in the 40K to 60K range).
Buying a car? Have you seen the TrueCar ads? Put your zip code in and we'll tell you what cars have sold for in your area. There might be 20,000 cars with the same build numbers in the US. Why would your zip code matter? Because markets are localized.
Zillow might be great in some subdivisions in some cities, but their model has no idea what's on the inside of any given home and even if an owner claims the property, and adds information to it, it's still going to be a case of the law of large numbers.
If you're making a serious argument, please explain how being on the front lines increases your knowledge about what is going on in my zip code. Honest question. Give a quick 3 sentence assessment. It should be easy as my neighborhood doesn't cross a zip code line, so there's only one to choose. Bonus points for splitting it out by urban village or elementary school zone...
Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
6,957 posts, read 22,304,764 times
Reputation: 6471
Quote:
Originally Posted by mkarch
If you're making a serious argument, please explain how being on the front lines increases your knowledge about what is going on in my zip code. Honest question. Give a quick 3 sentence assessment. It should be easy as my neighborhood doesn't cross a zip code line, so there's only one to choose. Bonus points for splitting it out by urban village or elementary school zone...
Your original claim was specious about MOST agents not knowing as much as some algorithm.
I don't care about your "urban village" or your elementary school zone. I know the 110 square miles of my service area better than just about anyone else and certainly more than Zillow. I didn't claim to know anything about your zip code, but If I serviced it I'd know way more than the average resident and some folly filled database.
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