Comments on: Let’s Play “Zillow” http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/ A San Diego Real Estate Web Log Wed, 17 Mar 2010 18:26:50 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Introducing the San Diego Market Snapshot (sort of) — The San Diego Home Blog http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/comment-page-1/#comment-161830 Introducing the San Diego Market Snapshot (sort of) — The San Diego Home Blog Sun, 23 Aug 2009 16:36:25 +0000 http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/#comment-161830 [...] I have written a few articles about Zillow over the years here. Among them were gems like “Zestimates are a Bunch of Doodie,” and “Zillow is for Ztupid People.” (OK, those weren’t the real titles, but you get the [...] [...] I have written a few articles about Zillow over the years here. Among them were gems like “Zestimates are a Bunch of Doodie,” and “Zillow is for Ztupid People.” (OK, those weren’t the real titles, but you get the [...]

]]> By: Contact me for all of your Scripps Ranch (and Kodiak) real estate needs! — The San Diego Home Blog http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/comment-page-1/#comment-160266 Contact me for all of your Scripps Ranch (and Kodiak) real estate needs! — The San Diego Home Blog Thu, 02 Oct 2008 23:13:08 +0000 http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/#comment-160266 [...] moons and several bad hair styles ago, I wrote about the fun that could be had Playing Zillow. Today, Zillow went from fun to a downright rip-roaring time with the introduction of the Zillow [...] [...] moons and several bad hair styles ago, I wrote about the fun that could be had Playing Zillow. Today, Zillow went from fun to a downright rip-roaring time with the introduction of the Zillow [...]

]]> By: RealEstateUndressed » Blog Archive » The Magnificent 7 Consumer Real Estate And Mortgage Articles of 2006 http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/comment-page-1/#comment-42293 RealEstateUndressed » Blog Archive » The Magnificent 7 Consumer Real Estate And Mortgage Articles of 2006 Tue, 06 Feb 2007 16:09:11 +0000 http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/#comment-42293 [...] A couple of weeks ago, the National Community Reinvestment Coalition (NCRC) filed a complaint against Zillow.com, a home valuation website, charging that the valuation estimates provided on their site mislead consumers. NCRC’s president said, “Zillow is placing the American dream of homeownership at risk for countless working families”. “If the estimate is too high, home buyers may overpay… Low estimates can depress prices in entire communities if both buyers and sellers rely on the site when pricing or shopping for homes”. Of course, we have talked about the value of Zillow’s values, here and here, for instance. In our opinion, although Zestimates have very limited practical application, Zillow is no more dangerous than the carnival fortune teller. We all know it’s just a fun exercise, right? Think again. [...] [...] A couple of weeks ago, the National Community Reinvestment Coalition (NCRC) filed a complaint against Zillow.com, a home valuation website, charging that the valuation estimates provided on their site mislead consumers. NCRC’s president said, “Zillow is placing the American dream of homeownership at risk for countless working families”. “If the estimate is too high, home buyers may overpay… Low estimates can depress prices in entire communities if both buyers and sellers rely on the site when pricing or shopping for homes”. Of course, we have talked about the value of Zillow’s values, here and here, for instance. In our opinion, although Zestimates have very limited practical application, Zillow is no more dangerous than the carnival fortune teller. We all know it’s just a fun exercise, right? Think again. [...]

]]> By: Kris Berg http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/comment-page-1/#comment-5946 Kris Berg Sun, 26 Nov 2006 18:43:07 +0000 http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/#comment-5946 Thanks, David! To answer your question, I can only speculate the following: The seller did it so as not to have the neighbors storm him, the agent did it so they might live to sell another house in this particular neighborhood some day, and the buyer did it to placate the seller (as perhaps a condition of the sale). All of this, of course, because the sale price was hideously low and what we call a "comp killer". Just my hunch, of course. :) Thanks, David! To answer your question, I can only speculate the following: The seller did it so as not to have the neighbors storm him, the agent did it so they might live to sell another house in this particular neighborhood some day, and the buyer did it to placate the seller (as perhaps a condition of the sale). All of this, of course, because the sale price was hideously low and what we call a “comp killer”. Just my hunch, of course. :)

]]> By: David http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/comment-page-1/#comment-5945 David Sun, 26 Nov 2006 18:29:33 +0000 http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/#comment-5945 Pretty interesting blog! Hey, so a question. You describe a buyer and seller who signed a non-disclosure agreement to keep the sales price out of the tax records. What did they do that? To keep their information out of Zillow? Is that to the buyer's advantage? Pretty interesting blog!

Hey, so a question. You describe a buyer and seller who signed a non-disclosure agreement to keep the sales price out of the tax records. What did they do that? To keep their information out of Zillow? Is that to the buyer’s advantage?

]]> By: The San Diego Home Blog » Blog Archive » Stupid People Zue Zillow http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/comment-page-1/#comment-4506 The San Diego Home Blog » Blog Archive » Stupid People Zue Zillow Mon, 06 Nov 2006 15:47:41 +0000 http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/#comment-4506 [...] A couple of weeks ago, the National Community Reinvestment Coalition (NCRC) filed a complaint against Zillow.com, a home valuation website, charging that the valuation estimates provided on their site mislead consumers. NCRC’s president said, “Zillow is placing the American dream of homeownership at risk for countless working families”. “If the estimate is too high, home buyers may overpay… Low estimates can depress prices in entire communities if both buyers and sellers rely on the site when pricing or shopping for homes”. Of course, we have talked about the value of Zillow’s values, here and here, for instance. In our opinion, although Zestimates have very limited practical application, Zillow is no more dangerous than the carnival fortune teller. We all know it’s just a fun exercise, right? Think again. [...] [...] A couple of weeks ago, the National Community Reinvestment Coalition (NCRC) filed a complaint against Zillow.com, a home valuation website, charging that the valuation estimates provided on their site mislead consumers. NCRC’s president said, “Zillow is placing the American dream of homeownership at risk for countless working families”. “If the estimate is too high, home buyers may overpay… Low estimates can depress prices in entire communities if both buyers and sellers rely on the site when pricing or shopping for homes”. Of course, we have talked about the value of Zillow’s values, here and here, for instance. In our opinion, although Zestimates have very limited practical application, Zillow is no more dangerous than the carnival fortune teller. We all know it’s just a fun exercise, right? Think again. [...]

]]> By: The San Diego Home Blog » Blog Archive » I Just Made $30K! http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/comment-page-1/#comment-713 The San Diego Home Blog » Blog Archive » I Just Made $30K! Wed, 20 Sep 2006 15:29:41 +0000 http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/#comment-713 [...] I have been patient with Zillow and their Zestimates. I have even, dare I say, defended them for being, if not accurate, then fun: Another tool in the empowered buyer’s tool box. Now, as a real estate agent, I am dangerously close to hoping their server crashes. [...] [...] I have been patient with Zillow and their Zestimates. I have even, dare I say, defended them for being, if not accurate, then fun: Another tool in the empowered buyer’s tool box. Now, as a real estate agent, I am dangerously close to hoping their server crashes. [...]

]]> By: The San Diego Home Blog » Blog Archive » Guilty by Association http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/comment-page-1/#comment-551 The San Diego Home Blog » Blog Archive » Guilty by Association Sun, 03 Sep 2006 15:33:43 +0000 http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/#comment-551 [...] Pandering to the masses “whom they regard as morons”? That is what Greg at the Bloodhound calls Prudential’s move to include a Zillow link on their website. Oh, please! I completely agree that Zillow’s valuation tools are of limited “value”, for lack of a better word, but how can you say recognizing their existence is pandering? And for the record, I certainly do not consider the masses “morons”, nor do I think for a minute that Prudential holds this opinion. Sellsius says it best with their albeit limited survey of consumers’ opinions regarding the value of the Zestimate. The “morons” appararently see Zillow for what it is, one of many tools available to them when researching home values. Ask twelve agents the value of your home, and you will likely get twelve answers. A Zestimate simply gives you one more “opinion” of value, and it is ultimately the responsibility of the consumer to consider all of the information and determine which source is most reliable. [...] [...] Pandering to the masses “whom they regard as morons”? That is what Greg at the Bloodhound calls Prudential’s move to include a Zillow link on their website. Oh, please! I completely agree that Zillow’s valuation tools are of limited “value”, for lack of a better word, but how can you say recognizing their existence is pandering? And for the record, I certainly do not consider the masses “morons”, nor do I think for a minute that Prudential holds this opinion. Sellsius says it best with their albeit limited survey of consumers’ opinions regarding the value of the Zestimate. The “morons” appararently see Zillow for what it is, one of many tools available to them when researching home values. Ask twelve agents the value of your home, and you will likely get twelve answers. A Zestimate simply gives you one more “opinion” of value, and it is ultimately the responsibility of the consumer to consider all of the information and determine which source is most reliable. [...]

]]> By: The San Diego Home Blog » Blog Archive » Dog Days of August http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/comment-page-1/#comment-313 The San Diego Home Blog » Blog Archive » Dog Days of August Wed, 09 Aug 2006 15:05:34 +0000 http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/#comment-313 [...] First, for this morning’s good news.  We finally have our new photos, although we will all miss Steve’s mustache and my “June Cleaver” hairstyle. Also, the Zestimate on my home is up another $8,000, and I am already thinking of ways I might capitalize on my growing personal wealth. Who says our market isn’t strong? [...] [...] First, for this morning’s good news.  We finally have our new photos, although we will all miss Steve’s mustache and my “June Cleaver” hairstyle. Also, the Zestimate on my home is up another $8,000, and I am already thinking of ways I might capitalize on my growing personal wealth. Who says our market isn’t strong? [...]

]]> By: The San Diego Home Blog » Blog Archive » Now Accepting Applications http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/comment-page-1/#comment-265 The San Diego Home Blog » Blog Archive » Now Accepting Applications Thu, 03 Aug 2006 15:45:37 +0000 http://sandiegohomeblog.com/2006/07/29/lets-play-zillow/#comment-265 [...] P.S. Continuing my Zillow watch, some good news this morning! The value of my home is up $10,000. Yippee! [...] [...] P.S. Continuing my Zillow watch, some good news this morning! The value of my home is up $10,000. Yippee! [...]

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