Podcasts about zillow zestimates

Welcome to Your Real Estate Voice with Barb Schlinker, your trusted source for all things real estate. Whether you're considering a move or just curious about the market, Barb is here to provide expert guidance and invaluable insights. With years of experience and a commitment to delivering results, Barb Schlinker and her team at Your Home Sold Guaranteed Realty – Barb Has The Buyers Team is dedicated to helping you achieve your real estate goals. Don't hesitate to contact Barb directly at 719-301-3900 or visit BarbHasTheBuyers.com to tap into her extensive network of buyers and sellers. Get ready to experience a seamless and successful real estate journey with Your Real Estate Voice and Barb Schlinker by your side.Segment 1 – How Will Trump's Tariffs Affect the Housing Market?Segment 2 – What Updates Should I Make to My Colorado House Before SellingSegment 3 – How Accurate are Zillow Zestimates for House ValuesSegment 4 – Do Luxury Homes Take Longer to Sell in Colorado – Hot New ListingsYou are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty. If you are thinking of making a move, call Barb at 719-301-3900 or visit BarbHasTheBuyers.com#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers

Welcome to Your Real Estate Voice with Barb Schlinker, your trusted source for all things real estate. Whether you're considering a move or just curious about the market, Barb is here to provide expert guidance and invaluable insights. With years of experience and a commitment to delivering results, Barb Schlinker and her team at Your Home Sold Guaranteed Realty – Barb Has The Buyers Team is dedicated to helping you achieve your real estate goals. Don't hesitate to contact Barb directly at 719-301-3900 or visit BarbHasTheBuyers.com to tap into her extensive network of buyers and sellers. Get ready to experience a seamless and successful real estate journey with Your Real Estate Voice and Barb Schlinker by your side.Segment 1 – How Will Trump's Tariffs Affect the Housing Market?Segment 2 – What Updates Should I Make to My Colorado House Before SellingSegment 3 – How Accurate are Zillow Zestimates for House ValuesSegment 4 – Do Luxury Homes Take Longer to Sell in Colorado – Hot New ListingsYou are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty. If you are thinking of making a move, call Barb at 719-301-3900 or visit BarbHasTheBuyers.com#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers

Welcome to Your Real Estate Voice with Barb Schlinker, your trusted source for all things real estate. Whether you're considering a move or just curious about the market, Barb is here to provide expert guidance and invaluable insights. With years of experience and a commitment to delivering results, Barb Schlinker and her team at Your Home Sold Guaranteed Realty – Barb Has The Buyers Team is dedicated to helping you achieve your real estate goals. Don't hesitate to contact Barb directly at 719-301-3900 or visit BarbHasTheBuyers.com to tap into her extensive network of buyers and sellers. Get ready to experience a seamless and successful real estate journey with Your Real Estate Voice and Barb Schlinker by your side.Segment 1 – How will Trumps Tariffs Affect the Housing Market in ColoradoSegment 2 – What Updates Should I Make to My Colorado House Before SellingSegment 3 – How Accurate are Zillow Zestimates for House ValuesSegment 4 – Do Luxury Homes Take Longer to Sell in Colorado – Hot New ListingsYou are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty. If you are thinking of making a move Barb at 719-301-3900 or visit BarbHasTheBuyers.com#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers

Welcome to Your Real Estate Voice with Barb Schlinker, your trusted source for all things real estate. Whether you're considering a move or just curious about the market, Barb is here to provide expert guidance and invaluable insights. With years of experience and a commitment to delivering results, Barb Schlinker and her team at Your Home Sold Guaranteed Realty – Barb Has The Buyers Team is dedicated to helping you achieve your real estate goals. Don't hesitate to contact Barb directly at 719-301-3900 or visit BarbHasTheBuyers.com to tap into her extensive network of buyers and sellers. Get ready to experience a seamless and successful real estate journey with Your Real Estate Voice and Barb Schlinker by your side.Segment 1 – How will Trumps Tariffs Affect the Housing Market in ColoradoSegment 2 – What Updates Should I Make to My Colorado House Before SellingSegment 3 – How Accurate are Zillow Zestimates for House ValuesSegment 4 – Do Luxury Homes Take Longer to Sell in Colorado – Hot New ListingsYou are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty. If you are thinking of making a move Barb at 719-301-3900 or visit BarbHasTheBuyers.com#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers

Welcome to Your Real Estate Voice with Barb Schlinker, your trusted source for all things real estate. Whether you're considering a move or just curious about the market, Barb is here to provide expert guidance and invaluable insights. With years of experience and a commitment to delivering results, Barb Schlinker and her team at Your Home Sold Guaranteed Realty – Barb Has The Buyers Team is dedicated to helping you achieve your real estate goals. Don't hesitate to contact Barb directly at 719-301-3900 or visit BarbHasTheBuyers.com to tap into her extensive network of buyers and sellers. Get ready to experience a seamless and successful real estate journey with Your Real Estate Voice and Barb Schlinker by your side.Segment 1 – How Accurate are Zillow Zestimates in ColoradoSegment 2 – What Questions Should You Ask Before Hiring a Realtor in ColoradoSegment 3 – What Should You Do if Your House is Not Selling and How to Fix itSegment 4 – How Does a Cash Offer Work When Selling a House – Hot New ListingsYou are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty. If you are thinking of making a move Barb at 719-301-3900 or visit BarbHasTheBuyers.com#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers

Welcome to Your Real Estate Voice with Barb Schlinker, your trusted source for all things real estate. Whether you're considering a move or just curious about the market, Barb is here to provide expert guidance and invaluable insights. With years of experience and a commitment to delivering results, Barb Schlinker and her team at Your Home Sold Guaranteed Realty – Barb Has The Buyers Team is dedicated to helping you achieve your real estate goals. Don't hesitate to contact Barb directly at 719-301-3900 or visit BarbHasTheBuyers.com to tap into her extensive network of buyers and sellers. Get ready to experience a seamless and successful real estate journey with Your Real Estate Voice and Barb Schlinker by your side.Segment 1 – How Accurate are Zillow Zestimates in ColoradoSegment 2 – What Questions Should You Ask Before Hiring a Realtor in ColoradoSegment 3 – What Should You Do if Your House is Not Selling and How to Fix itSegment 4 – How Does a Cash Offer Work When Selling a House – Hot New ListingsYou are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty. If you are thinking of making a move Barb at 719-301-3900 or visit BarbHasTheBuyers.com#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers

Welcome to Your Real Estate Voice with Barb Schlinker, your trusted source for all things real estate. Whether you're considering a move or just curious about the market, Barb is here to provide expert guidance and invaluable insights. With years of experience and a commitment to delivering results, Barb Schlinker and her team at Your Home Sold Guaranteed Realty – Barb Has The Buyers Team is dedicated to helping you achieve your real estate goals. Don't hesitate to contact Barb directly at 719-301-3900 or visit BarbHasTheBuyers.com to tap into her extensive network of buyers and sellers. Get ready to experience a seamless and successful real estate journey with Your Real Estate Voice and Barb Schlinker by your side.Segment 1 – How Accurate are Zillow Zestimates in ColoradoSegment 2 – What Questions Should You Ask Before Hiring a Realtor in ColoradoSegment 3 – What Should You Do if Your House is Not Selling and How to Fix itSegment 4 – How Does a Cash Offer Work When Selling a House – Hot New ListingsYou are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty. If you are thinking of making a move Barb at 719-301-3900 or visit BarbHasTheBuyers.com#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers

Welcome to Your Real Estate Voice with Barb Schlinker, your trusted source for all things real estate. Whether you're considering a move or just curious about the market, Barb is here to provide expert guidance and invaluable insights. With years of experience and a commitment to delivering results, Barb Schlinker and her team at Your Home Sold Guaranteed Realty – Barb Has The Buyers Team is dedicated to helping you achieve your real estate goals. Don't hesitate to contact Barb directly at 719-301-3900 or visit BarbHasTheBuyers.com to tap into her extensive network of buyers and sellers. Get ready to experience a seamless and successful real estate journey with Your Real Estate Voice and Barb Schlinker by your side.Segment 1 – How Accurate are Zillow Zestimates in ColoradoSegment 2 – What Questions Should You Ask Before Hiring a Realtor in ColoradoSegment 3 – What Should You Do if Your House is Not Selling and How to Fix itSegment 4 – How Does a Cash Offer Work When Selling a House – Hot New ListingsYou are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty. If you are thinking of making a move Barb at 719-301-3900 or visit BarbHasTheBuyers.com#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers

Welcome to Your Real Estate Voice with Barb Schlinker, your trusted source for all things real estate. Whether you're considering a move or just curious about the market, Barb is here to provide expert guidance and invaluable insights. With years of experience and a commitment to delivering results, Barb Schlinker and her team at Your Home Sold Guaranteed Realty – Barb Has The Buyers Team is dedicated to helping you achieve your real estate goals. Don't hesitate to reach out to Barb directly at 719-301-3900 or visit BarbHasTheBuyers.com to tap into her extensive network of buyers and sellers. Get ready to experience a seamless and successful real estate journey with Your Real Estate Voice and Barb Schlinker by your side.Segment 1 – Why is my Zillow Zestimate Going Down – Summer 2024Segment 2 – What to Do and What NOT to Do to Get Your House Ready for SaleSegment 3 – How to Avoid Contract Failures from the Home Inspection When Selling Your HomeSegment 4 – Why Most Agents Don't Know How to Negotiate & Hot New ListingsYou are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty. If you are thinking of making a move Barb at 719-301-3900 or visit BarbHasTheBuyers.com#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers

In this episode, JD and Melissa explain how the Zestimate can be a useful tool for quickly evaluating properties despite its reputation for inaccuracy. By leveraging the Zestimate alongside other tools and knowledge, investors and homebuyers can better understand a property's potential value! Stay tuned!   Here's what to expect on the podcast: How the Zestimate works and its limitations. How do JD and Melissa use Zillow Zestimates in their company? In what ways might Zillow Zestimates impact negotiations between buyers and sellers during real estate transactions? Leveraging Zillow for marketing and visibility. And much more! Connect with JD and Melissa! Website: https://therealestatejam.com/  Facebook: https://www.facebook.com/therealestatejam/  Instagram: https://www.instagram.com/therealestatejam/  YouTube: https://www.youtube.com/channel/UCa_CWAV1OvH81yp6fITB4lg Shorefront Investments: https://shorefront-investments.com/  Email: therealestatejam@gmail.com Are you interested in Coaching? Set up a Call with JD: https://mailchi.mp/458f1b418e9e/invest-with-jd.  

Hold onto your seats as we tackle the rollercoaster of home price forecasts for 2024, ranging from the optimistic to the downright gloomy.  We'll share why we're taking some of these predictions with a grain of salt, especially after a Zillow Zestimate that seemed to be playing in a league of its own.  And as properties fly off the market, we ponder the potential twists and turns that shifting interest rates could bring as spring approaches.  Join us for a session filled with insider insights, a touch of skepticism, and a healthy dose of optimism for this years real estate future.Discover the heartbeat of our local market, as Pete Heim joins us to unravel the story behind its impressive 7.38% appreciation rate.  If your ready to compare these local triumphs with the wider national scene, you'll have to wait until next month, when the national numbers come out!  #peteheim #bradweisman #thebradweismanshow #realestateandyou #homes #realestateagent ---Welcome to The Brad Weisman Show (formerly known as Real Estate and YOU), where we dive into the world of real estate, real life, and everything in between with your host, Brad Weisman!

Learn more about our services: https://realestatenexus.io or Schedule a Strategy Session: https://www.10xmylistings.com/freestr... We look forward to helping you with all of your real estate needs! Stay Connected: Facebook Group: https://www.facebook.com/groups/rensuccesscommunity Facebook Page: https://www.facebook.com/realestatenexus.io Instagram: https://www.instagram.com/realestatenexus.io/ REN Website: https://realestatenexus.io/ Property of Real Estate Nexus 2022

Why Zillow Zestimates are Wrong - the Failed Algorythm Story 2021Segment 1Why Zillow Zestimates are Wrong – The Failed Algorythm StoryBarb, on the last show we discussed doing a “Best Of The Barb Schlinker Real Estate Voice show”  What were some of the most popular topics of the year? Today we will cover:Why Your Zillow Zestimate is Fake News27 Tips to Sell Fast and For Top DollarThe Real Estate Catch 22 – Having a House to Sell BEFORE You Buy Your NextHow to Sell for Up to 11% More – Home Sale PreparationWhy is the Zillow Zestimate “Fake News”?Zillow - An Internet Tech Company WhoMastered Google Dominance – always on page 1 of Buyer and Seller SearchesBusiness Model to Generate Leads and Sell them to AgentsWhat is Zillow Now?Changed their Mission and Decided to ENTER & DOMINATE THE REAL ESTATE BUSINESSStarted Zillow Offers based on their Computerized ZESTIMATE of Home ValueBecame JUST ANOTHER REAL ESTATE COMPANY WITH GREAT WEB PRESENCESTOPPED ZILLOW OFFERS BECAUSE THEY WERE PAYING TOO MUCHZillow Created a False Sense of Convenience in the Sale Process in order to Profit from a Home Seller's Hard-Earned EquitySomething Went REALLY Wrong…Lost ½ BILLION DOLLARSOffering Easy ButtonWhy?  They were paying too much and when they tried to re-sell them the market did NOT respond.Zillow quit Buying Homes and is laying of 25% of their workers!IN OTHER WORDS…THEIR COMPUTER ALGORYTHM OF A HOMES VALUE WERE WRONG!Why Do Home Sellers Care?Many check out the Zillow Zestimates – computer algorithm based numbers,  to provide a GUESS on a Homes ValueNeed “Extraordinary Local Expertise”Wall Street does NOT Have ThatTheir Algorithms are wrong!Their People are NOT experts!Who do you want handling one of your largest assets?Local Professional orWall Street Nerd?Why Was Zillow Offers So Attractive?The Easy ButtonGuaranteed to SellAt Their Time FrameAt the Price They WantLeast Amount of HassleWhen We Come Back We Will Talk About How Our Home Sale Guarantee offers Home Sellers:Guaranteed to SellAt Their Time FrameAt the Price They WantLeast Amount of HassleAND the Opportunity to Get ALL Of Their Equity…Not Give it Up to ZillowYou are listening to the Real Estate Voice with myself Barb Schlinker of Your Home Sold Guaranteed Realty, if you are interested in selling your and want to call Barb give her a call at 719 301 3900 We are talking Barb about why Zillow lost ½ Billion dollars flipping homes and suddenly stopped. Barb how does your Home Sale Guarantee the Home Sellers the MOST money when they sell?With our Guaranteed Sale Home Sellers Get:THE BEST OF BOTH WORLDS:The Ability to secure the BEST OFFER and MAXIMIZE your Hard-Earned EquityHave the Peace of Mind That Your Home is Already Sold!So How Does that Work?The Guaranteed Sale Program is GREAT for a Sellers Market $$$$It Allows You to Go On the Open Market to Bring Top Value for Your HomeI can say that I have extensive expertise in bringing TOP VALUE for a home.Just Ask John & Bobbie:  We were able to get her $66,500 OVER ASKING Price in 1 weekend~What is The Process:THE PROCESS IS SIMPLE:  Call Us and Set Up a Time that I can See your Home….We Must Agree on the Price and TermsThere are Conditions of the Guarantee we can discuss those when we meet.You can call me any time at 719 301 3900 or visit www.BarbHasTheBuyers.comBy the Way this is Still a Strong Market…Most Recent Stats indicate the AVERAGE PRICE INCREASED $12,000 IN JUST 1 MONTH!Reason The Real Estate Market is Not Crashing:Compared to NON – Covid Years Sales UP & Inventory Down by 50%High RentHigh Home DemandOur Service:What to Do to Get ReadyWhat NOT to Do to Get ReadyWhat You

First time home buying can be massively confusing, so trying to buy a home yourself from an owner in a for sale by owner (FSBO) situation has lots of dangerous potential for a buyer who's new to the game. And if you're thinking Zillow Zestimates will help you determine how much you should pay for a home, Zillow's own website tells you how inaccurate their own Zestimates truly are. In this episode, David Sidoni tells you why they are so often very wrong. Join in to learn some important dos and don'ts for first time home buyers!

Why Zillow Zestimates are Wrong - the Failed Algorythm StorySegment 1Why Zillow Zestimates are Wrong – The Failed Algorythm StoryBarb, the latest news is Zillow quit buying homes.  Can you explain what happened there and whether or not it affects our real estate market? Who is Zillow?An Internet Company WhoMastered Google Dominance – always on page 1 of Buyer and Seller SearchesBusiness Model to Generate Leads and Sell them to AgentsWhat is Zillow Now?Changed their Mission and Decided to ENTER & DOMINATE THE REAL ESTATE BUSINESSStarted Zillow Offers based on their Computerized ZESTIMATE of Home ValueZillow Created a False Sense of Convenience in the Sale Process in order to Profit from a Home Seller's Hard-Earned EquitySomething Went REALLY Wrong…Lost ½ BILLION DOLLARSOffering Easy ButtonWhy?  They were paying too much and when they tried to re-sell them the market did NOT respond.Zillow quit Buying Homes and is laying of 25% of their workers!IN OTHER WORDS…THEIR COMPUTER ALGORYTHM OF A HOMES VALUE LET THEM DOWN!Why Do Home Sellers Care?Many check out the Zillow Zestimates – computer algorithm based numbers,  to provide a GUESS on a Homes ValueNeed “Extraordinary Local Expertise”Wall Street does NOT Have ThatTheir Algorithms are wrong!Their People are NOT experts!Who do you want handling one of your largest assets?Local Professional orWall Street Nerd?Why Was Zillow Offers So Attractive?The Easy ButtonGuaranteed to SellAt Their Time FrameAt the Price They WantLeast Amount of HassleWhen We Come Back We Will Talk About How Our Home Sale Guarantee offers Home Sellers:Guaranteed to SellAt Their Time FrameAt the Price They WantLeast Amount of HassleAND the Opportunity to Get ALL Of Their Equity…Not Give it Up to ZillowYou are listening to the Real Estate Voice with myself Barb Schlinker of Your Home Sold Guaranteed Realty, if you are interested in selling your and want to call Barb give her a call at 719 301 3900 We are talking Barb about why Zillow lost ½ Billion dollars flipping homes and suddenly stopped.  Barb how does you Home Sale Guarantee the Home Sellers the MOST money when they sell?With our Guaranteed Sale Home Sellers Get:THE BEST OF BOTH WORLDS:1. The Ability to secure the BEST OFFER and MAXIMIZE your Hard-Earned Equity2. Have the Peace of Mind That Your Home is Already Sold!So How Does that Work?The Guaranteed Sale Program is GREAT for a Sellers Market $$$$It Allows You to Go On the Open Market to Bring Top Value for Your HomeI can say that I have extensive expertise in bringing TOP VALUE for a home.Just Ask Colleen:  We were able to get her $50,000 OVER ASKING Price in 1 weekend~What is The Process:THE PROCESS IS SIMPLE:  1. Call Us and Set Up a Time that I can See your Home….2. We Must Agree on the Price and Terms3. There are Conditions of the Guarantee we can discuss those when we meet.You can call me any time at 719 30 3900 or visit BarbHasTheBuyers.comBy the Way this is Still a Strong Market…Most Recent Stats indicate the AVERAGE PRICE INCREASED $12,000 IN JUST 1 MONTH!#9: Reason Not a Crash:Compared to NON – Covid Years Sales UP & Inventory Down by 50%Our Service:What to Do to Get ReadyWhat NOT to Do to Get ReadyWhat Your Home Will Sell ForHow Much You Will Put in Your PocketMoving? call us at Barb Schlinker team.  Call 719 301 3900 or visit:www.BarbHasTheBuyers.com1) You are listening to the Real Estate Voice with Barb Schlinker of Your Home Sold Guaranteed Realty, if you are thinking of making a move, call Barb at 719 301 3900. 2) When we come back, we will be discussing:  The Top 10 Questions You Should Ask BEFORE You Hire a Real Estate Agent for your Colorado Springs

Don't take your tires for granted. Be informed! Steve shares his insights. Plus, Felecia goes off about Zillow Zestimates. She told you so!

Tune in to listen to Tri-Cities Real Estate Update with Lance Kenmore on NEWStalk 870AM KFLD every Saturday morning at 9:00 am. This week's broadcast topic is “Automated Valuation Models – What is in a Zestimate?” This week Lance discusses what data points are used to create a Zillow Zestimate. The post Automated Valuation Models – What is in a Zestimate? appeared first on Tri-Cities Real Estate Update.

This week on The Real Word, Byron and Nicole discuss how Biden's tax proposals could affect real estate, Zillow Zestimates in today's housing market, and Matt Lionetti's latest video on IG Reels. Racket 1: What homeowners and investors need to know about Biden's tax proposals: https://www.marketwatch.com/story/bidens-proposed-tax-hikes-could-be-a-double-edged-sword-for-real-estate-what-homeowners-and-investors-need-to-know-11619637245 Racket 2: Low inventory and new pricing highs widen the gap between Zillow Zestimates and MLS market data: https://www.inman.com/2021/04/27/zestimates-cant-keep-up-with-wild-housing-market-agents-say/ Marketeer: Matt Lionetti's latest IG reel is iconic: https://www.instagram.com/reel/CON2VUxDNEC/?igshid=1r9xb1hc9xfks Subscribe to The Real Word Channel → https://www.youtube.com/channel/UCTTMiZF0wRlmME_ap5EqfnQ?sub_confirmation=1 Connect with Byron Lazine + Nicole White on Instagram: https://www.instagram.com/byronlazine/ https://www.instagram.com/nicolewhiterealtor/ TIMESTAMPS 00:00 - 00:24 INTRO 00:25 RACKET 1 15:25 RACKET 2 17:13 RACKET 3

What the heck is a Zillow Zestimate and how accurate are they? In today's episode Shelley explains how online home valuations work and why they may not be 100% accurate. In the news a Realtor in Oklahoma is using customer's brainwaves to help them buy a home and we bring back our favorite segment The Local Flavor featuring Stottlemyer's Smokehouse. Show Links 00:56 Zillow Zestimates and other online home valuations 14:39 Real Estate News and Market Updates 34:06 The Local Flavor featuring Stottlemyer's Smokehouse. Stottlemyer's Smokehouse 19 East Road in Sarasota located one mile east of I-75 off of Fruitville Road. https://www.stottlemyerssmokehouse.com/ (https://www.stottlemyerssmokehouse.com/) Need help with your real estate questions? Call or email Shelley for a no pressure conversation about real estate in the Sarasota area! Email: shelleypanas@c21be.com Call / text: 941-960-5115 Website: https://my.captivate.fm/c21shelley.com (c21shelley.com) Facebook: https://www.facebook.com/C21ShelleyPanas/ (facebook.com/C21ShelleyPanas) Instagram: https://www.facebook.com/C21ShelleyPanas/ (instagram.com/C21Shelley)

Online shopping is convenient, quick, and cost-effective, but is it the best way to buy or sell a home?Join real estate experts Rick Fuller and Brian Donnally as they discuss the pros and cons of online platforms such as Zillow, Redfin, and Help-U-Sell, is the Zillow Zestimate® really accurate, and what you should do to get the best outcome possible in your home buying or selling journey. Here is the link to the CNN Business article link reference in the podcast: Zillow will now make cash offers for homes based on its 'Zestimates'https://www.cnn.com/2021/02/25/tech/zillow-zestimate-cash-offer/index.htmlClick here to reference an infographic comparing Zillow versus a team agents.Support the show (http://agentsthrive.com)

Our guest today has been in the real estate technology industry for twenty-eight years and has even been listed on the Swanepoel “Power 200”, a list of the most influential people in real estate. Our guest today is Greg Robertson, Co-Founder of W+R Studios, the makers of the Cloud Agent Suite.  In this episode, join Greg and I as we discuss how Greg's company revolutionized CMAs and the value of agents. We also dive into what Comparative Market Analysis has become over the past thirty years and Greg's newly released first book, The Art of the CMA.  Top Takeaways:  Greg Robertson's Advice for New Agents “Persistence, don't quit…Showing up, doing the job, and not giving up.” “You have got to have a co-founder, someone who's with you on that journey. That helps things out a lot… No road is long with the right companion.” “I just can't see a world where brokers and agents aren't needed and needed desperately.” – Greg Robertson [26:36] “The Judo Analogy is like using its own weight against itself. If Zillow is pretty close to what you think the house is worth, well use that as a factor to boaster your own thing. If it's not, show something to say well you know what in this neighborhood it's off by 10% that's why mine is too.” – Greg Robertson [30:30] Episode Highlights: [00:32] Intro  [00:59] Meet Greg Robertson – Co-Founder of W+R Studios [02:05] The Differences Between Southern California and Florida  [04:36] Celebrities and Tech in the Event Production Space  [08:40] Bridging the Gap for Software in Real Estate  [10:40] How eNeighborhoods Led to the Start of W+R Studios  [17:36] Earliest Iterations of Cloud CMA  [22:41] Greg's Newly Released First Book  [24:46] The Value of Agents  [28:44] Zillow Zestimate Judo  [30:53] W+R Studios Transition to Lone Wolf Technologies  [35:04] Greg's Advice for New Agents  [36:35] Connect with Greg  [37:09] Outro  Episode Notes:  Joining us today is Greg Robertson, a software entrepreneur and Co-Founder of W+R Studios, a company known for its part in revolutionizing Comparative Market Analysis, or CMA. Originally from the Seattle, Washington, Greg Robertson moved along with family to Southern California in high school where he has spent most of his life. Greg Robertson graduated from DeVry Institute of Technology receiving a Bachelor of Science in Electronic Engineering Technology. Greg started in the event production business giving him tech experience that eventually led Greg into the real estate world.  Teaming up with friends, Greg Robertson founded IRIS, launching a product called, “Lightning” which facilitated in accessing different MLS systems for a real estate professional audience. The company grew and made the Inc. 500 list for fastest growing companies in the country in 1999. The company was sold at the turn of the century and Greg Robertson moved to South Florida to help restart a company as the Vice President of eNeighborhoods. After rebuilding the company, eNeighborhoods was sold and in the middle of the real estate crisis of 2008, Greg Robertson and his partner founded W+R Studios.  Cloud CMA offers a trusted and professional comparative market analysis to real estate professionals and their clients. For Greg, the value of agents in the client experience and sale is crucial and necessary for the buyer experience. Tools such as Zillow are nice to get the foundation but to have a more personal experience and knowledge of the local market will always be in demand. Greg explains that the Zillow Zestimate Judo analogy is best when using it against itself. If the Zillow Zestimate is close to what the house might be worth, it can be used to help boaster a sale. If the Zillow Zestimate is off by a percentage then that can explain the price difference as well with clients.  After 12 years, W+R Studios was acquired in late November by Lone Wolf Technologies.

Segment 3Why Zillow Zestimate of Your Home Could be Fake NewsMany home sellers look at those online home estimates to guess at their home’s value. Are they accurate?When we ask home sellers what they believe their home is worth, most say “Zillow says my home is worth X”I’m here to tell you its FAKE News!Many Reasons… #1 Reason they do not know your homeI’m Barb Schlinker with Your Home Sold Guaranteed Realty Colorado, I’ve helped thousands of home seller command top dollar for their homes.Let’s Start with Zillow Not Knowing YOUR HomeThey have not seen your homeThey don’t know what improvements are in your homeTheir data is inaccurate much of the timeZillow is a Big Tech Company that invests in Real Estate and Sells Buyer Leads to AgentsZillow Averages the Homes Around You to Come up with Their “Zestimates”Not all homes are the SameSourdough Story:Zillow Buys Homes At a Discount and Flips ThemHow can they give an unbiased opinion of value if they want to purchase your home at a discount?Mountain Shadows StoryWhy else do you believe those online automated Valuations are Fake News?Big Tech companies are trying to take over real estate and make it an online businessCompanies like:RedfinOpen DoorHomelightZillow &Even Realtor.com are buyinghomes at a discount!If a seller wants the easy button, there is nothing stopping them from doing this however…Chances are it will cost them thousands.Home Seller Experiences Selling to Big Tech: (Braeburn Story)Companies like Zillow and Redfin don’t charge a 'commission’'They charge a “Service Fee” of up to 7%And their objective is to buy it a discount, put lipstick and rouge on it then sell it for a profit.When we come back we will be discussing: How to Sell By Owner and Save the Commission & some Hot New Listings

REALTOR® Jason Gelios shares whether or not Zillow Zestimates are accurate and how they are calculated. Please like, comment and share! Subscribe to Jason's channel: https://youtu.be/aWr89bs_rBo Check out other episodes of The AskJasonGelios Real Estate Show Here: https://www.youtube.com/watch?v=MU7f-... Follow on FB: https://www.facebook.com/jasongeliosr... Purchase my real estate book: THINK LIKE A REALTOR® here: Amazon: https://www.amazon.com/Think-like-REA... Barnes And Nobles Online: https://www.barnesandnoble.com/w/thin... Indiebound.org: https://www.indiebound.org/book/97805... Signed real estate book copy requests: ItsAllAboutTheRealEstate.com Hire Jason Gelios At ItsAllAboutTheRealEstate.com Subscribe to Jason's FREE value packed e-newsletter: https://www.itsallabouttherealestate.... Broker Disclosure: https://www.itsallabouttherealestate.... About Jason Gelios REALTOR® Jason Gelios is an award winning top producing REALTOR® serving SouthEast Michigan. Buying or selling real estate is a very important decision and probably the largest financial decision you will ever make. This can have a lasting impact on your life. Whether you are purchasing for the first time or planning to sell your existing home, Jason will help you navigate through the entire process to keep it as simple and stress free as possible while helping you achieve your goals. Jason Gelios is well supported by a team of financial and legal experts, qualified home inspectors, appraisers and other professionals if needed. "I'm confident you will enjoy my professional and enthusiastic style of doing business and my knowledge of the real estate market!"

This is an attempt at understanding R0 (reproductive number) as more than a numbing number. View these notes as less definitive. In his (2014) paper Risking It All: Why are public health authorities not concerned about Ebola in the US?, Yaneer Bar-Yam writes about why R0 isn't an even distribution.One April report noted the coronavirus reproductive number was 5.7 but offered a range of 3.8-8.9. In January the estimate was 2.6. There's many reasons but one is that the reproductive number varies by the individual in the network.Humans form the same (power-law graphed) networks over and over again. In research about Wikipedia edits the graphs of posts per user was nearly identical across languages. It holds across time too, we can imagine that church members knew their parson but not every other member. This network holds on TV shows too.Image from Funkhauser.These networks are so common, they may be part of our evolution, like ten fingers. Nicholas Christakis said, “Maybe natural selection had something to do with the topology of human networks.”Christakis looks at networks to seed interventions like a farmer who avoids the arid or soaked parts of a his field. In lab research, Christakis found that when one person is nice to another person (via monetary rewards) then that person is nicer to the next. Courtesy is contagious.In other studies, Christakis changed the visibility of charity (or selfishness) and the  contagion changed too. Visibility of inequality mattered a lot, unseen inequality mattered very little. That's kinda interesting.Christakis has found three features which influence how things spread through networks.Connections, more lines between hubsContagions, faster spread between hubsPositions, different originations hubsIf Larry David gets an idea for his television show and he wants Julia Louis-Dreyfus to guest star he can ask her (#1), but if it's someone he doesn't know he'll have 'his people call your people'. He could pitch Julia via text (#2) or write her a letter. If it's Jeff Garlin that has the idea and not Larry David, (#3) then the idea has to wind through Larry to get onto the show.A real example of virality is the Zillow Zestimate. Co-founder Rich Barton wanted to advertise. That had worked for Barton at Expedia. But Bill Gurley said, "If you're buying ads to sells ads, then you're arbitraging traffic and that dog don't hunt very long." Barton wanted to focus on spreading the message (#3) far and wide. What worked better was creating something people would share (#2) among themselves.Bar-Yam warns about an average R0 when he writes about Ebola:"However, in a complex interdependent society it is possible for the actual number due to a single individual to dramatically differ from the average number, with severe consequences for the ability to contain an outbreak when it is just beginning."Ebola needs to be a disease of more concern, he wrote in 2014, because the epidemiological models used the connections, contagions, and positions of Africa which is a different network structure. "One person is not likely to be in close contact with much more than about 10 or 20 family members." That is, the rural African figures for 1, 2, and 3 are quite different from the urban African figures. "In urban areas in Africa and in the US, the nature of the contact network is different."Ebola is a hot virus and should be treated with extreme caution. Richard Preston's book, The Hot Zone is about the mid-90s almost crisis when the Ebola virus was spreading through the air in a monkey research facility just outside of Washington D.C.(Here's Preston in 2019)In the book Preston writes about the history of research. Recalling one trip in the mid-80s:"Occasionally they (researchers) came to villages, and at each village they encountered a roadblock of fallen trees. Having had centuries of experience with the smallpox virus, the village elders had instituted their own methods for controlling the virus, according to their received wisdom, which was to cut their villages off from the world, to protect their people from a raging plague. It was reverse quarantine, an ancient practice in Africa, where a village bars itself from strangers during a time of disease, and drives away outsiders who appear."Some strands of Ebola pass through he air (#2). Some do not. African villages follow the precautionary principle.Thanks to Tim H and Tim B for the suggestions and trailheads for this post. For thinking about position (#3) check out the Friendship Paradox. Get full access to POV40IQ at pov40iq.substack.com/subscribe

During this episode of the Sam’s On Fire Podcast, host Sam Livingston, business coach, and realtor, is interviewed by Rob the House Guy on The Real Estate Investor’s Roundtable, alongside real estate investor, Scott Derringer. Livingston shares why he got into real estate, why he doesn’t typically work with investors, and the importance of educating everyone on both sides of any deal. Episode Highlights: Scott Derringer, a real estate investor, says he did not see a competitive advantage to becoming a realtor.Sam Livingston started dabbling in real estate as a flipper. When he disliked the agents he came across, he decided to become a realtor himself.Scott likes networking with REO agents and feels they are under-compensated.Realtors who represent REO’s are often more relaxed.Sam likes to approach everything from an educational standpoint.Both Sam and Scott discourage buyers from joining them when making an offer.Scott likes to come up with creative solutions when he finds a home that is overpriced.Sam describes the different types of agents you can become in the state of Ohio.Scott uses agents when flipping homes. There’s no emotional attachment with an investor.Scott describes some of the issues he has with agents, especially misrepresentation of their ability and skill level.Sam sometimes prefers when someone isn't an A-agent because they can give him the reins and he'll take care of it.The MLS system has become a bastardized system.Everyone has an app, but not everyone knows how to use them.When people misunderstood data or do funny math, this is a chance to educate.The number one marketing tool Sam has is price.They discuss the inaccuracies of Zillow Zestimates. This is another chance to educate.Investors have a lot of flexibility.Sam enjoys having professional standards as an agent. He also enjoys the opportunities presented by working in volume.Sam has no issue with investors who become agents.When you have people that have different backgrounds and diversity, it only brings more to the industry.Real estate has given Sam flexibility in raising his three sons.Real estate investing has given Scott flexibility in raising his six children.3 Key Points:A real estate investor may see no competitive advantage to obtaining a real estate license. A realtor may not be interested in         handling the same types of deals that an investor would.Investors approach transactions differently because there’s not an emotional component to the deal. Becoming a realtor or a real estate investor can offer flexibility and financial freedom. Resources Mentioned:Sam Livingston website, Facebook, Twitter, Instagram, YouTube, LinkedInReal Estate Investor’s Roundtable podcastRob the House Guy Scott Derringer FacebookRealeflow

Jay shares why relying simply on a Zillow Zestimate can cost you thousands of dollars on your home sale.

Barb Schlinker home of Your Home Sold Guaranteed* share the top 5 reasons why You CANNOT trust the accuracy of the Zillow Zestimate for your home's value. When you are thinking about selling your home, looking at the information on Zillow, like their Zestimate is a popular thing to do.1) Zillow is not looking at your Home’s Condition and Features. Here is an example:4715 Sourdough Place The Zillow “Zestimate” was $348,000. 3 Other AGENTS told the seller the home was worth $350,000. But I could see the updates and views and knew it would sell for more. We listed the home at $425,000. Right after we did that the Zillow Zestimate went to $411,000.I sold this home the first weekend for $427,000. If the Seller Believed the Other 3 agents and the Zillow Zestimate it could have cost them $77,000! Zillow posts a “Zestimate” Zillow does not know your home’s conditions, improvements or about the location.2) Zillow has little knowledge of your location or a lot of qualities. Mountain Views, Culd-e-sacs, Golf Courses, walking distance to schools can add value. Location is 70% of the buyer's purchase decision. 3) Zillow's Data if Often Inaccurate, 50% of Zillow’s revenue comes from real estate agents buying leads from Zillow. They don't even tell buyers a home had a contract. They just want buyers to call so they can sell leads to real estate agents like me. When they give comparable sales. Zillow does not always compare apples to apples in selecting which homes might be a good comparable to indicate a home's value.4) As the Market Shifts, Zillow’s Zestimate cannot keep of with rapid market changes like a rise in interest rates or seasonal changes. Their values could be over or under stated by thousands.5) The 5th and TOP reason your home's Zillow Zestimate may not be acurrate...Zillow Is Buying and Selling them for a profit! So they have positioned themselves as the "Gold Standard" for real estate values online, similar to a Kelley Blue Book for Real Estate. Yet, their are offering to buy homes and then they add a few minor updates and sell the homes for a profit - called 'flipping". So they tell the world your house is worth ....X or "Z". Zillow then makes offers to desperate sellers who must sell now. The benefit to that home seller is they get a quick cash sale. Oh and did I mention, Zillow does not charge a commission. But they do make offers on homes well below market value and they charge a 7% or more "SERVICE FEE". Its not a fair fight for a home owner who needs to sell their home. And, effectively, those home sellers are selling their homes to Wall Street investors. Selling your home to Zillow might work for home sellers who need a quick cash sale. But even our local investors will often pay more than Zillow for homes. The real numbers are that Zillow is only making offers on 2.4% of the home owners that present their home to Zillow for sale. Once Zillow obtains the contact information of motivated home sellers, they sell the leads to real estate agents for 35% of the commission. And Zillow has in their corporate mission statement to put real estate agents out of business! In Zillow's world the consumers do not need real estate agents. They believe all can be done online with their very powerful website. Time and time again we find cases where home sellers gave up tens of thousands of dollars of equity just for the Easy Button of a quick sale. A majority of real estate agents have the objective of getting home sellers the most amount of money when their home sells, not the least. And, I believe, at the end of the day, because the real estate industry has home seller's best interests at heart, the Real Estate Agents industry will be intact for years to come.If you like this video, please share, subscribe and like and I would l

This week on The Real Word, Byron Lazine and Nicole White discuss Amazon's partnership with Realogy, the accuracy of Zillow Zestimates, and the top cities for bachelors. Subscribe to our channel: bit.ly/realwordsubscribe Racket 1: It was only a matter of time. Amazon and Realogy have partnered up to introduce TurnKey, a new platform for buyers. Learn more about the partnership here: bit.ly/amazonandrealogy Racket 2: When is the last time you looked at your Zestimate? Glennda Baker LeBlanc shared her thoughts on Zillow Zestimates, and why the numbers change: bit.ly/zillowzestimatesgames Racket 3: Not a final contender on the Bachelorette? No problem. Here are the top cities for bachelors, according to Realtor Magazine:  bit.ly/topcitiesforbachelors Connect with Byron + Nicole on Instagram:
 instagram.com/byronlazine/ instagram.com/nicolewhiterealtor/ Watch The Rackets on Instagram: instagram.com/therackets

Today’s podcast: The Truth About Zillow Zestimates The Perception Versus the Reality of Zestimates Zestimates became popular because outside of an appraisal or comparative market analysis generated by an experienced Realtor, it can be really hard to judge whether your home is gaining or losing value. After all, no one wants to bet on a losing horse, even if they live inside that horse and it shelters them from the elements and a place to make memories (must be a Trojan horse) The Truth About Zillow Zestimates! Grab a FREE copy of “INSIDE SECRETS” By Kenneth Manesse, eXp Realty. What I wished my Realtor told me about real estate! See the real estate process from the inside. #1 Best seller for clients! https://kennethmanesse.exprealty.com/resources/book-inside-secrets Today’s expert guest: Jay Valento has a Bachelor’s Degree in Marketing from California State University at Long Beach and 26 years of real estate experience. He has is a member of the National Association of Realtors and the Pacific West Board of Realtors. He is associated with Realty ONE Group Diamond. Jay Valento helps people buy and sell real estate. He loves helping happy buyers and sellers with their real estate plans. He loves working with investors too. Call Jay at 562-413-7655 and schedule a time to talk about your real estate plans over coffee. Real estate is a relationship business and Jay enjoys getting to know his clients. www.redwagonteam.com Blog posted mention in podcast: https://www.redwagonteam.com/zillow-long-beach-ca/

Our first episode of 2019 after a few weeks off for the holidays and New Year is a great one! Will Duderstadt of MI Homes joins us to break a few myths about Marketing Metrics that people may care a little too much about. Plus we give a sneak peek into our Will and Matt's session at Sales Central Day 2 IBS 2019.   In The News Brandon is excited about Facebook diving into more Cross Posting options that better connects Instagram and Facebook http://bit.ly/2sB4m5r  Matt talks about a new feature from Facebook that has launched in some areas in beta: Driving in-store visits through paid ads http://bit.ly/2sD9mGF, Zillow is getting ready to award 1 Million dollars to the team of people who have improved the Zillow Zestimate algorithm to help its accuracy. http://bit.ly/2sF902m  And Facebook has a new podcast they just released. Three and a Half Degrees https://apple.co/2sEEoOw     

How accurate are Zillow's Zestimates in San Francisco? Staggeringly low.

On this episode, I will tell you why Zillow Zestimate is inaccurate and not a good place to go for your property value when the CEO's home was off by 40%. Plus Zillow's CEO has publically stated that they are works on getting Zestimate more accurate. In my opinion, Zillow is nothing more than an advertising company that is also a data mining company. They're in business to sell space to advertisers and get data from consumers.Zillow has a great user interface, but when it comes to accuracy, they are one of the most (if not the most) inaccurate real estate websites in the world. This goes for both Zillow home search and Zestimate.Please contact me if you have any questions.Lance Mohr Mohr Home Group at Keller Williams813-317-4009Website: http://www.tampa2enjoy.comYouTube: https://youtube.com/tampa2enjoyInstagram: https://www.instagram.com/lance_mohr/Podcast: https://www.stitcher.com/podcast/lance-mohr/how-to-buy-a-house-tips-and-advice?refid=stpr

In a World far beyond a Zillow Zestimate, Jay discusses some of the research and strategies in coming up with a homes list price.

There are a lot of misconceptions about the real estate industry out there. Today I’ll be tackling three common myths, in particular. There’s a lot of confusion about what’s true and false about the real estate industry, so today I wanted to address and debunk three common myths people believe about this business. 1. Real estate agents are paid a salary. The truth is that real estate agents unfortunately don’t earn a salary. If we do, then something is seriously wrong with my payroll. We actually work on commission. “While Zillow has a lot of good, fun information, its Zestimate tool is not an accurate way to determine home value.” 2. Zillow is a reliable real estate tool. People often cite Zillow Zestimates as a basis for home value, but the estimates produced by this online algorithm can be 50%, 60%, or even 70% off. So, while Zillow has a lot of good, fun information, its Zestimate tool is not an accurate way to determine home value. 3. Inspections work on a pass/fail system. In the state of North Carolina, home inspections don’t operate on a pass/fail system. Instead, home inspections simply outline any issues that have been found with the property. Buyers have the right to walk away from a contract if the inspection report comes back with information they find to be unacceptable, but properties undergoing a home inspection don’t receive a pass/fail grade. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

Learn how to sort through property data and choose what's important Don't believe the hype! What property statistics can you rely on? Kent Lardner is a “geek with a personality” and he discusses different types of property data and explains what's important. Knowing a little bit can be dangerous, largely because of the inconsistencies & nuances of data, of which most of us know nothing. In our chat we cover: The trouble with median sales data What information you need to look at beyond sales data How agent bias can affect vendor price expectations What goes into an AVM (automated valuation model), when they are used and why automated estimates vary so much from actual sales prices in Australia Technological advances that might soon mean machines replace property valuers & real estate agents Short term and long term indicators that predict capital growth When and how to seek out local knowledge Tips for making an objective assessment of property value so you can work out what to pay How to use search engines to uncover more properties with potential   If you want to make better property decisions, this episode is a must-listen-to!   JLL http://www.jll.com.au/australia/en-au   SEIFA scores http://www.abs.gov.au/ausstats/abs@.nsf/Lookup/by%20Subject/2033.0.55.001~2016~Main%20Features~SOCIO-ECONOMIC%20INDEXES%20FOR%20AREAS%20(SEIFA)%202016~1   Zillow Zestimate https://www.zillow.com/zestimate/   House Canary https://www.housecanary.com/   Will robots take my job? https://willrobotstakemyjob.com/ Free download - list of property data sources   Social Linked In √TwitterSee omnystudio.com/listener for privacy information.

Just how accurate is Zillow’s Zestimate feature? Today, I’ve got some information you need to know before relying on this website. Many people are curious about the true credibility of Zillow’s Zestimate feature. First, the Zestimate relies only on data because it is computer-generated. Nothing else can be taken into account. This becomes even more of an issue because Montana is a non-disclosure state, meaning that real estate transactions are not public information and cannot be pulled up through databases. The Zestimate also has the disadvantage of there being no personal viewing of the property. The Zestimate is based strictly off of numbers. It also isn’t bankable. You can’t walk into a bank or lender with a Zestimate and expect it to count as an appraisal. In order to move forward, you will need a real appraisal. A major reason for this is that Zestimates can be very inaccurate. The CEO of Zillow himself sold his home for $750,000 below his Zestimate, which was almost 50% of the sales price. You can see for yourself how reliable Zillow is based on some of the information included here. “The best way to value your property is to work with an agent who is experienced in your area and with your type of property.” Ultimately, the best way to value your property is to work with an agent who is experienced in your area and with your type of property. The right Realtor will also have a strong pulse on the market. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

Zillow is a leading real estate information and home-related marketplace. We interviewed Andrew Martin, a data science Research Manager at Zillow, to learn more about how Zillow uses data science and big data to make real estate predictions.

With all of the home valuation data provided by sites like Zillow & Redfin, how do you know which site provides the best valuation? Sometimes a quick answer might not always be the most accurate. When should you call your local Real Estate Agent?

Zillow and its Zestimates have become a common topic of conversation. Here’s what you should know about them.Looking to buy in St. Cloud?  Get a full home search Looking to sell in St Cloud? Get a free Home Price EvaluationOne of the most common questions I’ve been receiving lately is: “How accurate is the Zillow Zestimate?” Every time we do a market evaluation on a home, we pull up its Zestimate and we are also pulling up recent comparable sales numbers. After reviewing dozens of these Zestimates and comparing them with the home's actual market value, I have a few thoughts about them.The first is that they are extremely good at analyzing large amounts of data. If you had 10,000 homes as a sample size, the numbers would be right on the money.However, when it comes to individual homes the numbers aren’t as accurate. In fact, they are off by 15% to 22% nearly 70% of the time. It’s a good tool to use when you’re just starting the process, but when you’re trying to come up with an actual list price for your home, there is a much better way to determine what that price should be. “We can get you an accurate home valuation. ”If you have any questions about the value of your home or if you or someone you know is looking to make a move, don’t hesitate to give me a call or send me an email. I would love to hear from you.

Zillow’s Zestimate has become a household name. But, as it turns out, the feature could end up costing you tens of thousands of dollars.Want to sell your home? Get a FREE home value reportWant to buy a home? Search all homes for sale Many people have made the mistake of using a Zillow Zestimate as an appraisal. The problem is, Zestimates are often inaccurate.A woman in Glenview, for example, learned this from experience when a Zestimate valued her home at an $80,000 less from what she and her real estate agent believed was its true worth. Because of this, she struggled to get her house off of the market and is now suing Zillow. If there is a large disparity in a home’s true value and its Zestimate, buyers will be hesitant to make sufficient offers, or to make offers at all. This isn’t to say that Zillow is without any positive attributes, though. One feature I’m personally a fan of is their mortage calculator, which allows you to not only work with principal and interest but also allows you to enter taxes and insurance. This lets you work with all the data given to find out what sort of loan might be right for a given client. A study has shown that the Zestimate is always off by an estimate of about 5%. I do, however, have a couple of problems with Zillow. For example, Zillow’s data, which they get from the MLS, is oftentimes wrong. As a result, clients frequently send me links from Zillow and express interest in listings that turn out to be no longer available. As I mentioned earlier, my second grievance with Zillow is the Zestimate. A study has shown that the Zestimate is always off by an estimate of about 5%—which can make a big difference, especially for higher-priced listings.Because of this, Zillow went so far as to hold a contest offering $1 million to anyone able to correct their Zestimate algorithm.Their defense against the lawsuit they’re facing, in fact, is by admitting that the Zestimate isn’t even an appraisal. Be that as it may, the lawsuit came about because the Glenview woman I mentioned earlier experienced a direct and negative influence on the prospects of her home because of the Zestimate. As sticky a situation as this all is, the lesson I think comes from it is that you should be skeptical of Zestimates and, most importantly, should talk to a real estate professional about the value of your home.  If you’re thinking about the value of your home, the home you’d like to buy, or if you have any other questions for me, feel free to call or email me. I look forward to hearing from you.

Why are Zillow Zestimates so wildly inaccurate? Zillow simply has no way of seeing the inside of your home, including finishing touches and upgrades to your property.Buying a home?  Search all Colorado homes for sale Selling your Colorado home? Get a free home value report Today I wanted to talk about how Zillow Zestimates are so wildly inaccurate.I recently came across an interesting article – Zillow CEO Spencer Rascoff sold his house in Seattle in February of 2016 and the Zestimate was off by 40%! Click here to view the full article. How can they be so far off? Unless they have walked through your property and seen your finishing touches, any upgrades to the home, or any views your property has, it's hard for them to get it right. Zillow's CEO sold his home in 2016 for 40% less than the Zestimate.Where they really get it wrong is in the Colorado luxury market. The only way to get an accurate value for your home is with the help of an experienced local real estate professional.If you'd like to get an accurate analysis of your property from a local expert, give me a call or send me an email. We'd love to help you out!

Buying in Northern Virginia?  Get a full home search hereSelling in Northern Virginia? Get a free home value report herePeople have been asking me more and more questions about their Zillow Zestimate and what it means. They want to know what I think about it. Well, there was a recently article posted on inman.com that is quite telling. The article pointed out that when the Zillow CEO went to sell his home recently, it sold for 40% less than the home’s Zestimate. If the CEO’s value is off by that much, how much might yours be off by?A Zestimate is an algorithm Zillow uses that is mainly based on tax records and past sales. It’s not very accurate, because they don’t know anything about your home’s upgrades, what your neighborhood is like, and the demand for homes in your area. There are a lot of different micro-markets in Northern Virginia. You need your valuation to be as accurate as possible.“A Zestimate is just an algorithm. ”If you really want to know what your home is worth, we can come out to your property to do a no-cost, no-obligation home valuation. We’ll look at your upgrades as well as all the recent comps in the area so we can give you the most accurate home valuation possible. If you have any questions for us, don’t hesitate to reach out by giving us a call or sending us an email. We would love to hear from you.

Buying a Howard County home? Get a full home search Selling your Howard County home? Get a free property valuation Everywhere I go in Howard County, people ask me about Zillow’s Zestimates. The Zestimate is their home valuation tool. Zillow has done a great job of driving people to their website and offering this estimation of value, but I’ve seen Zestimates off by as much as 20% online.Sometimes it’s accurate and it usually gives a good benchmark, but the reason it’s so often inaccurate is because it doesn’t take into account many factors that buyers do when determining the true value of your home. For starters, it can’t factor in location. The Zestimate can’t tell the difference between a corner lot on a busy street and a cul de sac tucked back into a neighborhood with its back to the woods.“Zillow can’t account for home improvements. ”Zillow also can’t account for home improvements. Zillow doesn’t factor in if your house has a new kitchen, a finished basement, updated windows, a new HVAC system, or a number of other improvements. Zillow can’t walk into your house and look at the overall condition either.Finally, another factor that’s big in this area that Zillow can’t account for with its Zestimates is school districts. At the end of the day, the online estimate is cool and a neat tool, but it can be off. You can avoid this by having a real estate professional put a valuation on your home.If you’d like a free home market analysis or have any real estate questions, please give us a call or send an email. We look forward to hearing from you.

In episode 1, Jason explains how construction defect litigation can affect the purchase and sale of a home. Question 2 is about Zillow and why Zestimates aren't the scariest thing in the world. 

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Are you looking to apply for a mortgage? Get an application hereToday, we want to elaborate on an unfortunate fact: Zillow is wrong more often than they're right. When you're thinking about buying a house in San Diego or anywhere in Southern California, you're likely to start the process online. Many people use Zillow's Zestimate feature to determine whether a home is priced correctly, but it's not the most reliable tool. In San Diego, Zestimates are wrong 55% of the time! When looking closely at Zillow's numbers, we found Zestimates are only within 5% of a home's true value 42.8% of the time! Additionally, Zestimates in San Diego are off by 20% in value nearly 20% of the time. Would you consider that to be a good estimate?If you have certain selling goals you want to accomplish, or if you're trying to determine how much you should offer on a home, you are likely using the wrong numbers if you're basing your decisions on a Zillow Zestimate. The best way to accomplish your buying, selling, or investing goals is to work with a real estate professional who knows the market inside and out.If you have questions about this topic, or if you would like us to put you in contact with an agent you can trust, give us a call or shoot us an email. We would love to give you a hand! 

This week we talk with appraiser Geff Lady about the challenges of conducting a home appraisal since the 2008 housing crisis, the changes in the appraisal process since implementation of the HVCC and why Zillow Zestimates are not a reliable estimate of value.

This week we talk with appraiser Geff Lady about the challenges of conducting a home appraisal since the 2008 housing crisis, the changes in the appraisal process since implementation of the HVCC and why Zillow Zestimates are not a reliable estimate of value.