On May 1st, Sandicor, our MLS for San Diego, began automatically uploading our listings to Zillow in an effort to improve accuracy. This is how Zillow advertises the pending sales in Orange County, which is how they were presented in San Diego prior to May 1st: They...
Zillow
C.A.R. and Instant Offers
He says C.A.R. would "oppose any such development that eliminates many consumer protections". Well, are you opposing the Zillow Instant Offers? It doesn't sound like it. As usual, the leaders of the realtor business are comatose while outsiders strip us down for spare...
Petition NAR to Stop Zillow?
The author doesn't mention that the investor-bought homes will be resold, giving realtors ample opportunity to sell a renovated home....for higher commissions. If you ever hear me leading any national effort as a 50-year real estate veteran, stick a fork in me....
Do We Need A List Price?
There was quite a bit of hubbub this week about the Zillow Instant Offers program being tested in two cities. Seller inquiries are sent to as many as 15 investors plus a Premier Agent, who gets to make their own pitch for the business - and one realtor reported that...
Zillow Instant Offers
If there was anyone left who still had doubt whether Zillow has the killer instinct, let this be the final piece of evidence to convince you. Today they launched 'Instant Offers' which allows homeowners to submit a request for 15 investors to bid on their house....
Zillow Sued Over Zestimate
It was bound to happen: A homeowner has filed suit against online realty giant Zillow, claiming the company’s controversial “Zestimate” tool repeatedly undervalued her home, creating a “tremendous road block” to its sale. The suit, which may be the first of its kind,...
Zillow and Sandicor Partnership
Sandicor had said that the Zillow demands were unacceptable. Who caved? Zillow is still working out the bugs, but this should guarantee that they are as accurate as the MLS: SEATTLE, April 27, 2017 /PRNewswire/ -- Zillow Group, which houses a portfolio of the largest...
Zillow Commercials
Zillow has another round of high-quality commercials out. It's amazing that nobody in an industry-leadership position doesn't try to copy this format - it would seem to be very effective in building long-term loyalty:
The Transparency Crossroads?
Our Zillow rep mentioned that they are investing heavily into virtual reality. (He's reading the blog now - hey Jason!) I'm a big proponent of video tours - there is no better way to help remind buyers of what they are thinking of purchasing. We have seen the 3D...
Zestimate Accuracy – Wack!
Did you notice that the zestimate wasn't listed in the Real Estate Online Tools? It is wackier than ever! Last year, we saw the zestimate be hundreds of thousands of dollars too high on a custom home west of the I-5 in Leucadia - and once I inputted the listing on...