Charlottesville’s Real Estate Blog since 2005.

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General Real Estate

Listen to Zillow – Pay Little Attention to the Zestimate

I’ve written this for years. And Jay at Zillow has written it in a way that hopefully now consumers will lend credence to my words: (bolding mine)

But (a Zestimate is) not accurate enough to determine what price to set for a home about to go on the market, or what price to offer on a home. The Zestimate isn’t intended to be used like that.

But – they used to aspire to consumers using the zestimate to negotiate and thankfully and rightly removed that language.

One day though, Zillow might be right(er).

Zillow is awfully popular though.

Google Trends - Web Search interest_ zillow, realtor.com - Worldwide, 2004 - present.jpg

So, thanks Jay for the post. 🙂

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I have been been representing buyers and sellers in Charlottesville, Albemarle, and Central Virginia since 2001. Get local insight born of experience.

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