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Zillow Zestimates Make Up Your Mind
When I listed my clients beautiful home Zillow’s Zestimates priced it a $189,000. My clients priced at $196,000. just below the comps. When they dropped the price to $189,900, Zestimate dropped to $186,700. Now that they are dropping the price to $186,900, Zestimate comes back with a $180,350. Yet the exact same house down the street with no upgrades, not kept as nice is Zesitmated at $94,0000. In the word’s of our son, “What’s up with that?”
The market is tough enough without bad information going out to buyers. I keep track of all the sales that are comparable to the property I have listed. Some with less square footage have sold, yet no Realtor showed my clients home. Some with the same square footage on the same street sold, yet no Realtor showed my clients home. Ones that I previewed and don’t come close to the beauty of this home. What’s up with that?  READ MORE
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