Quote:
Originally Posted by Babubhat
Zillow ranges are so wide they have little use. When a house sells they adjust the Zillow price to it and their algorithms update. Just look at comparable sales on your own
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Zillow is one of the most UNreliable sources for home-buyers ever.
Our house was on the national multi-listing service (MLS) for almost 3 months before Zillow finally acknowledged that it was an active listing. Realtor(dot)com and all the others had it listed just fine, but Zillow hadn't caught up yet.
Sadly, we learned that there were 2 potential buyers who passed our house and tried to find us on Zillow to get more info before calling the agent. Since it wasn't there, they thought it was already sold, and didn't bother. It took us almost a year to sell our home, and we were paying mortgage on a home we had stopped living in and didn't want, for several months at the end.
The only thing I trust Zillow for are the pictures and the addresses themselves.