1,012,638
EVERY freaking time!
I hate that website with a passion!
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Jennifer Mackay
Panama City, FL
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Debe Maxwell, CRS
Charlotte, NC
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Lyn Sims
Schaumburg, IL
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Fred Griffin Florida R...
Tallahassee, FL
1,756,842
Sure; it is like a bad penny that keeps on haunting us.
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Debe Maxwell, CRS
Charlotte, NC
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Lyn Sims
Schaumburg, IL
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Fred Griffin Florida R...
Tallahassee, FL
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Nina Hollander, Broker
Charlotte, NC
2,603,735
People do still mention z-stimates, but I just explain the process and that usually does the trick.
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Susan Bearry
O'Fallon, MO
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
3,417,356
Most often it is buyers who are calling on sold homes. But when listing, i do meet sellers who think their values are much higher, but recently one that thought lower and was amazed i was higher.
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Debe Maxwell, CRS
Charlotte, NC
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Lyn Sims
Schaumburg, IL
4,322,295
Paul S. Henderson, REALTOR®, Broker, Tacoma Washington - actually Zestimates help me a lot at listing presentation!
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Nina Hollander, Broker
Charlotte, NC
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Praful Thakkar
Burlington, MA
2,195,059
I make sure to bring it up before they do, and once I explain the difference between a website and a Realtor, they get it. You just have to move them away from any thinking that Zillow is real estate related because it's not. It's just a website that monetizes its existence.
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Kathleen Daniels, Prob...
San Jose, CA
5,522,263
I totally agree with Sandy Padula and Norm Padula, JD, GRI NMLS#1483386 - it IS like the bad penny that keeps turning up! I do pre-warn them as early-on as possible, that those are unreliable and that I will gladly do the work to show them REAL comparables! Most of them get it but, it takes a few times with others.
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Sandy Padula & Norm Pa...
, CA
6,744,582
It pays to be prepared for this one.
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Nina Hollander, Broker
Charlotte, NC
685,002
I really don't have a problem with them because as soon as the subject is brought up I explain how far off they are - and all across the board - and then we move on.
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Nina Hollander, Broker
Charlotte, NC
2,448,381
no- i can explain Zillow to them
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Nina Hollander, Broker
Charlotte, NC
5,193,468
No. I look it up before I go and I bring up the online estimates during my presentation as compared to the market data. No issues so far once I explain how it works
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Nina Hollander, Broker
Charlotte, NC
2,315
How fast can a house be sold? What different techniques are there to sell a house and what are the advantages and disadvantages of each technique?
I have said a lot about what I need in the question title but my reason to want to know is that I need to sell a house ASAP. My house is under threat of repossession and I need to sell my house in the next 2 months at an absolute maximum. Whilst I need to receive as much money for the sale as I can, speed is also critically important. What options are open to me? If anybody has access to resources/information about selling a house, different techniques with their timescales and relative advantages and disadvantages that would be ideal. I would really appreciate any help and responses that I receive to this question, many thanks in advance.
Here is an Infographic for your answer
http://directhousebuyer.co.uk/infographics/house-buyers-vs-selling-agents-timeline/
4,545
It inevitably comes up, but with a little educating they realize it is really just a guideline--and sometimes a very rough one at that!
3,764,441
No, because I do a killer market analysis. Zillow makes me look really good.
3,988,144
I have always been able to explain the purpose of Zestimates and talk them into an understanding of real value.
3,441,820
Zestimates are my friend. It makes my job easier and raises my credibility
3,986,479
1,544,614
Not really, but I did have it come up at an open house recently. Had to drop a "knowledge bomb" on the visitors. They left shellshocked by all the new information.
1,280,948
783,067
People take the Zillow value (or Zestimate) very serious; too seriously sometimes. One seller I met with proudly furnished a handwritten log of his Zestimates.
570,180
I don't have a problem with sellers and Zestimates. Sometimes they will comment on them, but they don't seem to take them as seriously as they used to. They understand it's an automated system and results can vary. That goes for Zillow's comparative sales research tool too. I'm not a big fan of what Zillow offers, but I do think that in offering sub par information, they are actually helping to show the true value of talking to a professional. And that's good for us!
768,463
Absolutely. But you can educate them - and use a tool like RPR which allows you to really customize your search. RPR has a great mobile app which is fabulous!
5,259,491
2,864,211
Everyone has an opinion and that is the core problem. All is remediable
1,873,658
684,239
Paul - The zestimate still comes up about half of the time, but in a few minutes of explaining how it is guessed and relevant comps from the neighborhood, it is quietly laid to rest.
3,679,923
No! They're a joke and everybody (almost) knows that! A local agent who knows the 'real' market is the best source.
797,557
1,327,560
5,327,756
I love it when they bring it up because then I can show them the REAL numbers. We are in a non-disclosure state and their figures are 25-30% off!!
2,298,966
Not once you explain why the Z is ZZzzzzzzzzz and where it claims something is for sale when not and the other way around. Not accurate, especially in small rural markets where not much for the west coast to tap into to try and formulate the "survey says ... (ding ding ding).." for value out of thin air. Very thin air.
4,775,442
5,535,961
2,715,323
Everybody goes to Zillow. You need valid comparables, to refute Zillow.
1,267,193
AVM there are many of them. All off off off.
Z ? I never deal with a CEO's toy who sold his home this year $250K short of toy estimates and bought a mansion way way over priced. He knows it ain't any accurate.
3,627,477
5,585,039
no, the agents explain that situation....and it's never discussed again...
4,434,277
1,713,581
The Zestimate is an AVM that makes general predictions and was never meant to be accurate. The key is to work with it and use the third part of critical thinking, judgment. Explaining what an AVM is, helps.
927,185
5,160,377
3,074,716
Not after we point out how inaccurate they are - per their own website!
5,365,536
Frankly, the issue does not come up all that often... but when it does it's a pain when it comes to some clients who think Zillow can't be wrong.
921,504
When I'm talking to sellers I LOVE those 'dark side' numbers.
"Where have you looked to get information regarding the value of your house?" There's a new kid on the block that you should be aware often used by the <40 group.
1,157,847