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PostPosted: 2007-11-20 05:02:37
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Joined: 2007-11-20 05:02:37
I am looking at Zillow on line and it looks like I will have to do my
own tracking to find the actual value of a house. I am in the
Southeastern Michigan area. Have you looked at the zestimate versus
the recent sales price? What the heck good is the zestimate, anyway?
I am finding that it is more the hoped for value of a house. In my
area the zestimate is at least $100,000 more than the recent sales
price of houses. Take a look at housing prices around the area you
are interested. Check out the Zillow zestimate and what recent houses
have sold for. Do you see the same thing?

Now I think you have to price it obviously below the average to even
get a bite since there are so many sellers out there to a lesser
number of buyers and there are so many houses on the market.


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