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I Think the Public is Wising Up about Zillow and Trulia

Reblogger Michael Dagner
Real Estate Agent with Brokers Guild Classic 268081

Below, is a great post authored by my Activerain associate, Deb Reynolds.  Puts a spotlight on the misinformation peddled by a number of online and automated "house valuation" websites.  Sellers need to know that there is no substitute for a hand-prepared market analysis, which is a service I provide my customers for free.

Original content by Debbie Reynolds, C21 Platinum Properties TN Broker: 208698

ZillowI Think the Public is Wising Up about Zillow and Trulia.

I am beginning to believe that even buyers and sellers are seeing the inaccuracy in data being put out by the big boys on the web.

Two times in the last couple of weeks I have had confirmation of this. The first was a buyer calling in to check on a listing she saw on the big boys sites. Of course in checking further I learned the listing sold and closed back in the spring. The buyer said she figured as much because it just sounded too good to be true that a property at that price would be on the market for  so many months in a hot market.

TruliaAnother proof of the public wising up to Zillow and Trulia was when showing a father and son a home last week the son said that the house was priced over value according to his research found on the big boys sites. Thank goodness his dad was along to help his son make a good decision. He said son, "You can't believe those websites. I checked my home and they have it almost a hundred thousand below its market value." Dad went on to say that he thought the value of the home we were viewing was worth more than the seller was asking.

I didn't have to explain to either buyer that these sites have less than accurate information about values or availability. I let them come to the realization on their own. I think the public is wising up about Zillow and Trulia.

 

Use a qualified local agent that knows the market and in Clarksville you will want to call Debbie Reynolds. 931-920-6730. Search here  for accurate information on homes for sale in Clarksville.

 

Want To Know What Debbie Has to Say? 

If you are needing Real Estate services in Clarksville TN it would be my pleasure to assist you!

 

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"The Real Debbie Reynolds" at
BuyorSellClarksville.com

Prudential PenFed Realty, 2503 Wilma Rudolph Blvd., Clarksville, TN 37040

An independently owned and operated member of BRER Affiliated, Inc.

Not affiliated with Prudential. Prudential watermarks used under license.

931-920-6730 (office)   931-320-6730 (cell)

                 

 

 

 

Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Michael:

Nice post. I agree a lot of people active in the market are learning it is not reliable

Oct 27, 2013 03:09 PM
Michael Dagner
Brokers Guild Classic - Denver, CO
Your Denver Homes Realty Expert

Hi Alan, glad you stopped by.  Thanks!

Oct 28, 2013 08:09 AM