BUYER BEWARE of ZESTIMATES in Princeton Twshp -

Profile picture for stop_unethical_agent
Please note that some real estate agents are UNETHICALLY modifying "Home Info" (listed on the upper left corner of  each home listing) to over-inflate the ZESTIMATE value of homes - they are specifically changing (i.e. dramatically over-inflating) the "acreage" and/or the "square footage" for the property so that the ZESTIMATE is dramatically higher than the listed and/or sold price for the home.

So far, I've seen 2 houses - one "officially" listed as 2,100 sq feet, modified to 30,000 sq feet; and another "officially" listed as .69 acres changed to 12 acres!!!

ALWAYS check the "HOME INFO" - do NOT let real estate agents get away with this!  I have already reported two homes listed by Prudential (one out of the princeton office and one out of the princeton junction office) to ZILLOW.COM - if you see this on other postings, please "FLAG" the posting to Zillow.com.

THIS IS NOT JUST UNETHICAL, it is just disgusting - mis-leading both home owners and buyers as to the alleged "value" of the homes.  SHAME ON YOU, to those agents who are using this technique.
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August 12 2009 - Princeton Township

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Profile picture for frisky1
Good for you for being so vigilant. I would be surprised if manually inputted data like that actually affected the zestimate (zestimates are so whacky anyway, they're meaningless). Anyway, agents inputting data on zillow is considered advertising and if you have a few examples, you should print them out or email them to the NJ real estate commission. they do care about that stuff and if they find a pattern from a specific office they can investigate and go after them.
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August 12 2009
 
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DiscussionBUYER BEWARE of ZESTIMATES in Princeton Twshp -
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  • August 12 2009
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