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Entries Tagged as 'Zillow Zestimates'

Zillow Lawsuit

May 11th, 2017 · No Comments · Montecito Real Estate, Montecito Realtors, Santa Barbara Real Estate Videos, Santa Barbara Realtors, What's My Home Worth?, Zillow Zestimates

May 11, 2017:  On Good Morning America Barbara Corcoran reported on the lawsuit filed against based on their “Zestimates” feature  (an algorithm that calculates your property’s value). Real Estate agents have known for a long time how inaccurate Zestimates can be. Now the public is learning not only how inaccurate they are, but they can be problematic […]

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The Ironic Truth About Zillow Zestimates

June 10th, 2016 · No Comments · Hope Ranch Homes For Sale, Mark Lomas and Kirsten Wolfe, Montecito Homes For Sale, Santa Barbara Homes For Sale, Zillow Zestimates

It’s true, Zillow’s CEO Spencer Rascoff, sold his home for 24% less than what it said on his website. Zillow’s “Zestimates” can be tweaked if you know how to add improvements to Zillow’s valuation methodology. You need to be the owner, or owner’s agent to do this, or an unscrupulous hacker. Actually you don’t even […]

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