Is Zestimate fair market value

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i am considering a house and I was wondering if Zestimate is fair market value.
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December 04 2011
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Answers (3)

NO. Zillow's zestimates are usually outdated. Some of these homes have been sold a year or two ago and there are many new updated comparables. Always check with your Realtor if the home you see on Zillow is still available.

Fran Harrell- Associate Broker, Realtor
Re/Max Professionals (P & B Team)
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December 04 2011
Most of the time it is fair, however to get better home value's accurate, you may hire a few local real estate agents to do the Comparative Market Analysis.
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December 04 2011
No. It is, at best, a starting point to determine fair market value. Fair Market Value is whatever price a qualified Buyer and the Seller, agree on, and execute the transaction, based on.
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December 04 2011
 

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QuestionIs Zestimate fair market value
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  • December 04 2011
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