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Manage the situation with data. Get a formal appraisal done. Banks don't lend on Zestimates but they do on formal appraisals. The appraisal may not suffice for the buyer's lender since they did not order it but it will end the discussion about the Zestimate with this buyer or future buyers if this one doesn't pan out.
as a realtor i have had clients refuse to offer a realistic price for a property that had estimates from several different sites including zillow.
in this day and age of the internet, people are getting dependent on machines rather than good ol' hard work and personal hands on knowledge.you can follow the advice of the previous posters that have a way to eliminate the zestimate but for future reference the reason realtors can sell homes is their personal contact,expert local knowlege and hands on experience.
good luck
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Zestimate is raising questions with buyers of my property - estimate doesn't make sense
CrystalLake06029
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Had a interested buyer yesterday ask after inspecting the properties why the Zillow zestimate was so much higher for the lot, than the waterfront house? Good question (and one I've asked before to this group). Clearly he had visited Zillow and it was impacting his decisions re: my asking price. I tried to explain how there were others properties on the street that had zestimates that made no sense. Like the empty 19' lot next to my house that is zestimated at more than either of my two properties. Go figure.
Zillow "owes" it to homeowners to be more careful about their figures. This erronous information could derail a sale since some viewers consider Zillow an expert @ real estate values. You should include a big disclaimer next to each zestimate.
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