Here’s a tip about the automated valuations.

We know that Zillow and Redfin automatically adjust their estimates to within a couple of bucks of the list price once a home goes on the open market, making their estimates worthless to the reader.

But Realtor.com doesn’t.

Here are their differences before and after our new listing hit the market yesterday:

BEFORE LISTING ON THE MLS:

TODAY:

If you want estimates of value on a house that is on the open market, check realtor.com.

Click below to see how the Zillow and Redfin estimates have changed:

Our new listing has been online for less than 24 hours, and the views and saves are racking up. My typical observation is that the better-priced listings have saves that amount to 5% of the views, so we’re doing ok so far.

Here is how the zestimate looked yesterday morning:

Redfin before and after:

AFTER:

MLS ACTION FIRST 24 HOURS:

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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