David Gibbons's Q&A

Timothy - Can you try that again ... with spaces?

shelley - Just because our estimate increased that much does not necessarily mean your home's value did. Spikes in estimate values can result when we receive a bunch of new data in bulk or learn something new about your home. For example, it'll usually happens to a few homes' Zestimates in counties that have recently published their latest annual tax rolls.   

Hi Linda,Maybe (it depends.) If the public records for the home are wrong, list it for sale with the correct beds, baths, sq.ft. and the Zestimate should adjust when it's next recalculated.

Thanks for flagging that loan request. While we love the liquidity in the marketplace, we agree that there's room to improve the usability of the quote list for borrowers. Our designers are working on solutions for aggregating multiple quotes by lender per product into a single record in the list which should adress the spam issue quite well. Until that is implemented however, we are following up one-by-one with the lenders that are going overboard so let Nida know if you see more of them.   Greg & Ken - I think I'll be kicked out when the gang finds out that my bike is a 150cc chinese scooter.

Nope, they haven't. Sorry for the confusion. You should see that the mortgage rate graphs are now back to normal. For a while this morning, our automated quoting interface was down so the marketplace was missing the bulk of the quotes that we use to report aggregate rates.  

Sorry but the graph's your best option today. Suggestion noted!

Zestimate accuracy varies from home to home so some estimates will be high while some will be low. If you post the addresses of the homes in question, I'll check whether I can't tell why that is in this case. A hint would be to check the difference in these homes' tax assessed values.For more background on Zestimate accuracy, click the link Spencer posted.

To (annonymously) get quotes from local lenders, try submitting a loan request in Zillow Mortgage Marketplace. 

They should be -- address?

Bestrate --We don't allow quotes in States where the lender is not licensed -- if you suspect it, please flag those quotes for our attention.As far as I can tell you haven't yet confirmed your suspicion. Please reserve your judgement of Zillow's lender confirmation process until you do -- and If you do, please let me know. It's happened once that I know of since ZMM launched -- in that one case the poorly trained LO had no idea that they couldn't quote out of state. Think about it; there's no real incentive to do it.Please do pay attention to the co-borrower details in future and thank you for deleting that quote.