How do I make sure a $1 "sale" (name was added to the deed) doesn't affect my Zestimate?

Profile picture for jwahlman
I added my new wife's name to the deed and it's recorded as a "sale" for $1 in the county records.  I sent Zillow this information and asked them to either delete the $1 sale or confirm that it didn't affect the Zestimate and I haven't heard a thing in weeks.
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November 07 2011 - Medford
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Answers (8)

Profile picture for BobBrandtRealtor
Faye,
for the rest of our benefit, can you let us publicly know the answer? That could help to explain the low Zestimates.
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November 10 2011
Profile picture for Faye
  • Faye
  • Contributions:2153
Hi jwahlman -

We apologize if you haven't received any response. We'll verify the information with the county and then follow up with you offline.

Thank you.

Faye
Zillow Customer Support
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November 10 2011
Profile picture for BobBrandtRealtor
It would be nice if someone from Zillow would answer this question.
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November 10 2011
Profile picture for PatrickLydon
You sound like a good husband!! It sounds like she got a good deal.
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November 10 2011
Profile picture for SoCal Appraiser
A $1 sale has no effect on value, hence no effect on Zestimate.
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November 07 2011
Profile picture for jwahlman
Is there any way to be absolutely sure that the $1 item isn't affecting the Zestimate, or do I just have to trust Zillow?  The value of my condo seems slightly low, but I have no idea if the $1 "sale" is affecting it.
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November 07 2011
Profile picture for sunnyview
I believe that Zillow drops those $1 transfers from the Zestimate calculations for accuracy's sake. They use to have a notation with an * on the page that said that the transaction was excluded, but that do not have than notation listed anymore even though they still exclude them.
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November 07 2011
Profile picture for therealtorguy
Zillow does obtain their information from your county records. If the record does not indicate a transer of ownership, it might not affect your Zestimate. Items like a death, divorce or memorandum should not affect the value of the home.

If Zillow does depreciate the value drastically, you can report a problem with the information under the edit icon.
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November 07 2011
 

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