value: Texas Homeowners: Relying on a Zillow Zestimate Could Lead You Astray - 08/08/14 01:37 AM
 Relying on a Zillow Zestimate Could Lead Texas Homeowners Astray
Zillow last updated their Zestimate Accuracy Table in June 2014. 
As Texas Realtors, we advise our clients and customers not to rely on third-party website estimates of value. Zillow openly displays their data coverage and Zestimate accuracy chart, and explains that accuracy for Texas properties is not reliable due to the lack of available data.
Texas, as a non-disclosure state, does not publish sales prices for sold homes. Sold pirces are one of the key variables in the Zestimate algorithm. In fact, Zillow publishes accuracy rates by Texas Counties. The overwhelming majority … (7 comments)