• Report: #982825

Complaint Review: Zillow

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  • Submitted: Sun, December 16, 2012
  • Updated: Sun, December 16, 2012

  • Reported By: rbs4658 — Tacoma Washington United States of America
Zillow
1301 Second Avenue, Floor 31 Seattle, Washington United States of America

Zillow Undervalue Home Seattle, Washington

*Consumer Comment: Zillow values are not accurate anywhere

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We purchased our home from foreclosure.  Our neighbors purchase their home from foreclosure.  We both paid approximately the same price within one month of each other.  Both homes  are approximately comparable including lot size.  However, for some reason Zillow continues to undervalue our home by $60,000.00.  I have tried to email Zillow without success as they have no direct contact information.  

This report was posted on Ripoff Report on 12/16/2012 10:32 AM and is a permanent record located here: http://www.ripoffreport.com/r/Zillow/Seattle-Washington-98101/Zillow-Undervalue-Home-Seattle-Washington-982825. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment

Zillow values are not accurate anywhere

AUTHOR: MovingForward - (USA)

Zillow uses an automated valuation model to determine "market value" of the homes in its database. The valuations are not accurate, nor are they meant to be an accurate reflection of your market. Their AVM is just a confidential formula they use. It generates site interest and discussion interest, but in no way is an accurate reflection of actual market value. If you are looking for an accurate valuation, contact an appraiser. If you are looking for an approximate market value, contact a Realtor. Otherwise, just ignore the valuations on Zillow.
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