Our regular commenter elbarcosr backed me up on how wacky the zestimates have been lately. They seem to be getting worse, which is hard to believe. Being a Zillow homer now, I thought I better look into it. Let's serve up a nice big softball. Certainly the zestimates...
Zillow's new video format leaves a lot to be desired - no audio, no zoom, and no graphics. Here I am commenting on my latest Zillow video while watching it on my computer screen:
Here's a great reason to list your home with Jim the Realtor - Zillow is giving 'special preference' to listings by Premier Agents that feature a video tour. Hopefully this will help bring home video tours into the forefront of real estate marketing. It is time for...
The Zillow tagline this year is that they have the best agents - Spence says it twice in a row here. Nobody else in the business gets as much exposure as him, so we should keep hearing it, which should cause more consumer trust and engagement - with Zillow agents....
Since my Sandicor vs. Zillow post on Wednesday, I've had a few conversations with agents around town - including the guy who is the chair of the Sandicor committee charged with handling the negotiations with Zillow. Every opinion was similar to this comment left over...
Most national forecasts are predicting a 3% to 4% appreciation rate for 2016, which has to be a safe bet. If it comes in anywhere from -2% to +8%, you can say that you were close. Zillow has enough algorithms that they are willing to make predictions for each local...
The Z Group is probably smart to talk in generalities and just spew the usual stuff about next year - higher prices, tight inventory, and less affordability. They even dropped a 'priced out completely' about those in the bottom-third-of-incomes category. One thing...
The speaker yesterday mentioned that Zillow did a survey a while back and asked, 'What is your favorite real estate website?" Amazon came in 5th place. But Amazon doesn't offer a real estate website. Remember when you would never send your credit card data over the...
The Z team was in town today. Here is a video of their presentation of the SD stats, plus Doug Harwood and myself discussing the future. My comments were based on this piece:...
Sellers shouldn't get attached to any certain price - they aren't the ones paying it. Instead, select an attractive list price, and judge the market's reaction - and adjust accordingly. A story on the accuracy of zestimates:...
