Quote:
Originally Posted by Lovehound
I think a better name for it is Zillow scoffers. Many of us have been around a long time and seen too many failed Zillow statistics, particularly their Zestimates. We have seen too many people who regard these numbers as gospel.
One thing I'll give them, of the several properties I own or have owned the most recent closing date and sale price were dead on correct.
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They had an estimate of the selling price on my properties, but not exact number. Closing date was correct.
I don't use Zillow, except quick look at the first pictures or so, but I like the first look at cold-hot market, I think it's nice feature. And usually (+-) correct. Their Zestimates are laughable :-)
I agree, too many people don't really know, how to obtain info and use Zillow as gospel.