Profile picture for profmlly

I just edited my facts. When will the zestimate be updated?

  • November 20 2010 - Kettering
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

 
 

Answers (4)

Best Answer

Profile picture for wetdawgs
Zestimates take several weeks to be updated.   Last one I monitored carefully was 8 weeks.

The other answer wasn't an answer, but a sales pitch.    Sorry to see that  I hope potential clients are seeing when agents don't know how to answer a direct question.  (Note:  CMAs are also approximate values.)
  • November 20 2010
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for RussHatfield
@profmlly

Wetdawgs is correct that any changes to a Zestimate after updating home information can take up to 8 weeks to happen -- IF changes do happen, at all: whether they do change, the degree they do, and whether they move up or down will depend on additional factors, as well, including what has happened in the 8 weeks since the update.

@Albert Hepp and All

We publish statistics on the accuracy of our Zestimates by region, state, county and metro area. We're the only major site that does this, too. Certainly, we're "better" in some areas than others, but we're trying to improve across the board. You can see our latest statistics for Montgomery County, OH here.

Thanks!
Russ
Zillow Customer Support
  • November 22 2010
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

If your property is listed with a real estate broker, they may need to approve the changes.  I am a flat fee MLS listing broker who is a member of the Realtors Multiple Listing Service for the Dayton area (called Dayton Area Board of REALTORS MLS), and we receive emails notifying us when the owner has changed information on a property we have listed.  

Also, the changes don't impact the zestimate for a long time.  More information on changes is available at http://www.zillow.com/wikipages/Home-Facts-Information/  Fortunately, zestimates are so inaccurate in Montgomery County they don't mean anything.

Thanks and good luck.
  • November 22 2010
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Dear profmlly.  It appears you are a homeowner and not a realtor.  I don't know where your property might be, but companies like Zillow are using complicated algorithms to establish approximate values.  If you want to have a more realistic Market value, I would contact a realtor in your area, be honest, and request a CMA (Comparative Market Analysis). 

Every house is slightly different, but many of us have the technology tools to do a quick search or all similar-sized properties that SOLD in your neighborhood.  Without an actual preview by the agent, we obviously cannot arrive at a more realistic value.

Hope this helps.

Randy Schweitzer
  • November 20 2010
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.