Report: Zillow.com

Reported By: (Anaheim California)

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

... Zestimates are a starting point

1Author 1Consumer 1Employee

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Zillow.com

999 Third Ave. Suite 4600
Seattle, Washington, 98104 Washington 98104
U.S.A.
Phone:
Web Address:

Category: Real Estate Services

Submitted: Wednesday, January 30, 2008

Last posting: Tuesday, April 07, 2009

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 They are valuing homes across America with incomplete outdated and inaccurate data.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.

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1Author 1Consumer 1Employee

Consumer Suggestion

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YOUR REAL ESTATE FRIENDS ARE LAWBREAKERS

Billcoll01 - MESA (U.S.A.)

SUBMITTED: Wednesday, February 06, 2008 POSTED: Wednesday, February 06, 2008

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.

Employee

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Zestimates are a starting point

Drewmeyers - Seattle (U.S.A.)

SUBMITTED: Tuesday, April 07, 2009 POSTED: Tuesday, April 07, 2009

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/