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Who to Trust: A Realtor's $380k Valuation or Zillow's $440k Estimate?

By
Real Estate Agent with Gibson Sotheby's International Realty

 

If a Realtor has at least five years of experience in your local market, has visited your property, carefully examined its features, identified comparable properties, provided a thorough market analysis, and discussed the factors that affect your home's value, you can trust their estimate more than Zillow's. Zillow often gets it wrong, either overestimating or underestimating home values. The platform can't conduct in-person assessments or notice things like outdated bathrooms, worn-out kitchens, or a property’s proximity to a busy road. You simply can't compare the expertise of a seasoned real estate professional to Zillow's algorithm.

Comments(4)

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Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Nancy - it seems some online real estate sites create a dream, almost fantasy-like, approach to property valuation.  Knowledgeable, local representation can make a difference.   And are you really interested in selling or simply curious?  That matters too.  

Jun 12, 2024 04:14 AM
GilbertRealtor BillSalvatore
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Trust the professional in the local field. Thanks for sharing and enjoy your week!

Bill Salvatore, Realtor- Arizona Elite Properties

Jun 12, 2024 04:41 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

And in non-disclosure states like Montana, Zillow doesn't have actual sales prices to use to make their estimates. A real estate professional is a must!

Jun 12, 2024 05:04 AM
Ed Silva, 203-206-0754
203-206-0754 - Waterbury, CT
Retired Real Estate Broker

A computer, hundreds of miles away cannot see the same things that a real estate professional walking into the house and seeing what is across the road can see to come to a proper value. When in doubt, call the local professional.

Jun 12, 2024 07:24 AM