Zillow Advice: Pricing - Your zestimates are a joke and should be illegal. Your f**king things up for people!!!! http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ Zillow Advice | Zillow Real Estate I think many of you missed ... http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ I think many of you missed the point of the original, rash as it may seem, complaint. If you are negotiating a price on a house, often the prospective buyer will go into blocking mode on the property base on the " Zestimate" on that property's site. This can cause problems for agents on both sides of a sale. I would venture to guess that most shopping consumers have not read all the agreements and fine print for the Zillow site. Does this make sense to anyone? Fri, 14 Nov 2014 20:59:00 GMT http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ 2014-11-14T20:59:00Z This zillow zestimate is ... http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ This zillow zestimate is a joke; they are way off mark and serve no purpose to anyone.<br/>the algorithm is screwed up; the past snapshots are inaccurate there are wild swings either way.<br/>the whole zillow crap needs to be shutdown; Fri, 14 Nov 2014 19:04:00 GMT http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ 2014-11-14T19:04:00Z Banks never used Zillow for ... http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ Banks never used Zillow for valuations.&nbsp; They use appraisers. Always have. Where have you been? Fri, 20 Sep 2013 18:53:00 GMT http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ 2013-09-20T18:53:00Z Oddly enough I have the same ... http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ Oddly enough I have the same opinion of many agents CMA's as you have&nbsp; of Zestimates.&nbsp; If AVM's aren't allowed, agents should not be allowed to provide CMA's or BPO's.&nbsp; If you want a reasonably accurate estimate hire an appraiser, if you want a free estimate look at several and do some additional homework.&nbsp; <br/><br/>Don't forget to consider the biases that the source may have, most AVM's don't have inherent biases, so the distribution of erroneously high estimates to erroneously should be similar.&nbsp; Ask the agents that dislike AVM's if the same is true when their CMA's turn out to be wrong, more than likely they will discover they have a strong, and often unintentional, bias to the high side. Fri, 20 Sep 2013 17:18:00 GMT http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ 2013-09-20T17:18:00Z First off, do you believe ... http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ First off, do you believe everything you read on the internet? You should get a full refund of all the fees you paid to Zillow. By the way, if someone talked to me like that I'd list their house for $24,000-<br/> Fri, 20 Sep 2013 16:49:00 GMT http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ 2013-09-20T16:49:00Z When you can get the Federal ... http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ When you can get the Federal Bureau of Labor and Statistics (bls.gov) to be even 1/10 as close on their estimates as Zillow is, then maybe you can get Congress to do something about making it "illegal"...&nbsp; But congress doesn't even know how to pass a budget nor how to balance a budget, nor live within their means, so you probably shouldn't be expecting anything from congress anyway, other than "stupid" legislation, such as mandating that that estimators tell people their homes have a high probability of being worth less than one hundred dollars.<br/><br/>BLS published in August that the net government jobs lost in July was 1k.&nbsp; Then in September, they changed their mind and published that the actual net number of government jobs lost in July was 27k&nbsp; That is a 26k discrepancy, or 2,600%.&nbsp; Absolutely anyone can live up to the government standards of "legal estimates" just by rolling dice or drawing cards.<br/><br/>Why would anyone want the government doing an individual's "due diligence" and dictating "market value" in the first place?&nbsp; Just so the Government can waste another trillion dollars per year accomplishing nothing?<br/> Fri, 20 Sep 2013 15:52:00 GMT http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ 2013-09-20T15:52:00Z "I can see why banks do not ... http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ <em>"I can see why banks do not use them for lending purposes any longer."</em>&nbsp; If your lender/bank ever used Zestimates, they were in violation of Zillow's terms of use. &nbsp;&nbsp; This is very clearly&nbsp; stated in Zillow's <a href="http://www.zillow.com/corp/Terms.htm">terms of use.</a> <br/><br/><em>"Without limitation, lending professionals and institutions are prohibited from using information provided by Zillow through the Services in making any loan-related decisions."</em><br/><br/><br/><br/> Fri, 20 Sep 2013 01:45:00 GMT http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ 2013-09-20T01:45:00Z Zestimates are a joke and ... http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ Zestimates are a joke and I can see why banks do not use them for lending purposes any longer.&nbsp; With no good reason, my house value has slipped 13k in the last 10 days.&nbsp; Get serious Zillow.................. Fri, 20 Sep 2013 00:25:00 GMT http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ 2013-09-20T00:25:00Z And the point of your post ... http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ And the point of your post was what?&nbsp; To educate or entertain?<br/><br/>Zillow does not sell real estate.&nbsp; They simply render an opinion just like you did. Fri, 20 Sep 2013 00:12:00 GMT http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ 2013-09-20T00:12:00Z Thanks for the laugh!&nbsp; ... http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ Thanks for the laugh!&nbsp; Jokes are wonderful!<br/><br/>You wish to retain your rights for freedom of speech to share your opinion (with filthy language), but don't think that others (including companies) should have the same rights?&nbsp;&nbsp;&nbsp; Freedom of speech doesn't mean that you only hear opinions that support your own.<br/><br/>If you don't like your Zestimate, share your owner estimate and why you think that way. &nbsp; Claim your home and edit home facts.<br/><br/>The agents who are most critical of the Zestimate are the ones who've not read the FAQs on <a href="http://www.zillow.com/howto/DataCoverageZestimateAccuracy.htm">accuracy</a> and "<a href="http://www.zillow.com/wikipages/What-is-a-Zestimate/">what is a Zestimate?</a>"&nbsp; and who are not willing to share their own statistics for accuracy.&nbsp;&nbsp; But, they are entitled to their opinion, too.&nbsp; They may wish to sign up for the Zillow academy course on Zestimates "Unleashing The Power of The Zillow Zestimate"<br/><br/><br/>&nbsp; Thu, 19 Sep 2013 01:29:00 GMT http://www.zillow.com/advice-thread/Your-zestimates-are-a-joke-and-should-be-illegal-Your-f-king-things-up-for-people/511925/ 2013-09-19T01:29:00Z