What’s wrong with Zillow?
Today’s articles have been the source of contention with the real estate industry for the better part of a decade. Zillow, the well known real estate “valuation” site is under fire — FINALLY — for delivering inaccurate information to consumers.
To understand the contention between Zillow and the rest of the real estate industry, the key is to understand how they value properties. Their “Zestimate,” or method of evaluating property values, is their key differentiator.
However, it’s well known in the real estate industry that Zillow is just what I said they are — a business model trying to capitalize on the real estate market. The TRUTH is they are a big disservice to the majority of consumers.
To Your Success!