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The ZESTIMATE EXPOSED – Zillow Secrets Explained | Episode 27

Informações:

Synopsis

Ever found yourself wondering where in the world Zillow’s home values ACTUALLY come from? Today, we’ll go straight to the source (Zillow itself) and explain a number that’s been a mystery to real estate investors and homeowners for years: the ZESTIMATE. I’m Carole Ellis. This is episode 27.Admit it: you love Zillow (or, you know, maybe you hate it). Either way, real estate investors have no choice but to live with and EMBRACE the online listings giant. Zillow was founded in 2005 and, in a little over a decade, managed to become the most heavily trafficked real estate website in the world with millions and millions of homes and their associated data, including the somewhat mysterious “zestimate” listed on the site.If you’ve ever made an offer to a seller only to hear “but Zillow says my house is worth…” in response, then you know the frustration and, in some cases, total disconnect with reality, that Zillow’s custom estimated value for a home can cause. Spencer Rascoff, Zillow’s CEO, has addressed the zestimat