• Report: #304555

Complaint Review: Zillow.com

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  • Submitted: Wed, January 30, 2008
  • Updated: Sun, March 11, 2012

  • Reported By:Anaheim California
Zillow.com
999 Third Ave. Suite 4600 Seattle, Washington, 98104, Washington U.S.A.

Zillow.com Severely inaccurate valuation with conflicting data - Irresponsible, malicious, and non-responsive Seattle, Washington

*Consumer Comment: Zillow estimates are highly inaccurate

*UPDATE Employee: Zestimates are a starting point

*Consumer Suggestion: YOUR REAL ESTATE FRIENDS ARE LAWBREAKERS

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The Zillow valuations are severely inaccurate and provide conflicting data. I sent them information to correct the problem but they have been non-responsive. They are valuing homes across America with incomplete outdated and inaccurate data. They have been informed of these problems and have taken the attitude that this is not their problem. People have asked that they be removed from the list and they say no. They have been told it will lead to legal battles and they claim freedom of information and speech.

The site was brought to my attention by real estate people that are using the site to do thumb nail appraisals.

Based on educated opinion and what I have seen on this site it is contributing to the falling real estate prices and the economic down turn. This site is one factor that will contradict everything the economic stimulus plan of 2008 is trying to accomplish.

This sit needs to be improved or shut down it is destructive.

I wonder what the site operators value the homes they own on their site. ?? $$$

Mike
Anaheim, California
U.S.A.

This report was posted on Ripoff Report on 01/30/2008 09:12 AM and is a permanent record located here: http://www.ripoffreport.com/r/Zillowcom/Seattle-Washington-98104-Washington-98104/Zillowcom-Severely-inaccurate-valuation-with-conflicting-data-Irresponsible-malicious-304555. 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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REBUTTALS & REPLIES:
0Author 3Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Zillow estimates are highly inaccurate

AUTHOR: Joseph - (USA)

I think the word of "starting place" is NOT correct.  My home is listed on Zillow at 30K LESS than what the county taxes is for and 66K less than an appraisal that was performed 60 days ago by a REAL appraiser.  There have been NO shortsales or foreclosures surrounding my home to bring the price down.  Comparable home sales are also much higher.   They offer no way to correct this information and if any buyer uses this even as a STARTING POINT the homeowner will get the shaft.  All because ZILLOW is a piece of CRAP.  NO  ONE SHOULD USE THE DATA ON THIS SERVICE IT IS NOT ACCURATE NOT EVEN CLOSE.  PERIOD.
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#2 UPDATE Employee

Zestimates are a starting point

AUTHOR: Drewmeyers - (U.S.A.)

Zestimates are a starting point, not a replacement for a CMA or appraisal by a local professional who knows your local market and has been to your home. Please read more about Zestimates here - http://www.zillow.com/howto/Zestimate.htm. The property information on Zillow originates from public records, but we do acknowledge that public records can sometimes be incorrect or outdated. As a result, we allow home owners and listing agents to edit the home facts of their homes - http://www.zillow.com/learnmore/EditingHomeFacts.htm.

We are happy to look into your specific issue if you post a question that includes the address of the home in Zillow Advice - http://www.zillow.com/advice/
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#3 Consumer Suggestion

YOUR REAL ESTATE FRIENDS ARE LAWBREAKERS

AUTHOR: Billcoll01 - (U.S.A.)

ZILLOW IS A CONSUMER TOOL, THATS IT! IF REAL ESTATE PEOPLE ARE USING IT TO DO "thumb nail appraisals" & ARE USING THOSE FIGURES ON OFFICIAL DOCS, THEY ARE BREAKING FEDERAL LAW. THE SITE IS A TOOL TO HELP CONSUMERS SHOP FOR HOUSES. THE VALUES THEY GIVE ARE BASED ON WHATEVER DATA IS AVAILABLE TO THEIR SERVERS. SO, THE MORE POPULATED THE AREA YOU LIVE, THE MORE ACCURATE THE RESULTS. LESS POPULATED AREAS BASE THE VALUE ON WHAT COMPARABLE HOUSES IN THAT AREA SELL FOR.
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