Profile picture for valeriebee1

is the realtor responsible for the zestimate

  • February 27 - Murrieta
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Answers (14)

Well put, Wetdawgs - at least Realtors® have their finger on the pulse, right?
  • April 03
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Profile picture for wetdawgs
"Realtors come up with Exactimates"   I would LOVE to see the statistics to support that claim, although perhaps then we'll be dancing around the term "exact".   (I'd buy within 0.1%).

  • April 03
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Profile picture for Janet Huerta Davila

A zestimate is based off preliminary numbers.
It doesn't take into consideration that the home down the block sold as total rehab foreclosure versus a nicely kept home.

The best way I can determine a value is simply by seeing the home.

  • April 03
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Profile picture for Tammy Schuh
Hi Valeriebee1
A Zestimate is a computer generated ESTIMATE of a homes value. Realtors do not give Zillow the values for the zestimates. If you would like to a market analysis
on your home call a local Realtor. The Realtor will take a look at your home and then compare it to similar homes that have recently sold in your neighborhood to get an estimate of your homes market value.
  • April 03
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Hi Valerie,
Are you still in need of accurate value info for your home?
  • April 03
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Profile picture for Lisa and Goran Forss
We get tons of calls from home sellers not being happy with the Zestimate.  It's just an algorithm.  It has never seen your home, doesn't know your condition, amenities, views, upgrades etc etc.  You can always make comments to the Zestimate and adjust it.  We recently sold a home for $650,000 where Zestimate was $400,000.  If you need help with anything we can help. 
  • March 18
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Exactimates - Love that Bob!
Hi Valerie, I am a Murrieta Realtor®, I am the Owner Broker at Berkshire West Realty. Click on my Zillow profile link and send me a quick message or call me, and I will get you the info you need right away. Happy to help!
  • March 01
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Oh goodness, no.  Realtors come up with Exactimates. :)  I wish I could say I coined this made up word. Seriously, contact a local Realtor and ask for a valuation on your home.  Zillow is fun site, but not one for showing the actual value of a house before it is listed.
  • February 28
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Profile picture for maryprieto

As many other responses have confirmed, a Zestimate is an estimate that is computer generated.   However, a Zestimate does not always reflect the true value for your home.  I would consult with a Realtor that specializes in your area.  That Realtor will be able to personally preview your property and take ALL the factors into account including your home's amenities, upgrades, etc that may not be reflected in a Zestimate.  Good Luck!

  • February 27
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Profile picture for Hazel Yoshida
Zestimates are estimates and are computer generated. Contact a local realtor for a more accurate value.
  • February 27
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Profile picture for wetdawgs
Here's a link to "What is a Zestiimate?"    Zillow is responsible for the Zestimate.  It's accuracy is presented with the value range,  and the more data Zillow has the better it may be.  

If agents don't know what it means, they've skipped the FAQs and training videos, but that is their choice.
  • February 27
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Go to Zillow's home page, scroll all the way down.  Click on the word, Zestimate.  It's explained there.
  • February 27
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Profile picture for Outer Banks N C
"No, Zillow does these automatically based on secret proprietary algorithms (us Realtors dont know what that means) LOL "


it means they GUESS
  • February 27
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No, Zillow does these automatically based on secret proprietary algorithms (us Realtors dont know what that means) LOL 
  • February 27
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