ldierkes - That's a great tip - thanks for sharing. This is a tough problem - advertisers want to see their ad running to prove that they're getting what they paid for so we can't stop showing advertisers their own ads. We are considering disabling the counter whenever you see your own ad but currently those ad views are included in your ad budget - so for now, your work-around is a very good one.
Hey Lemonade - The discussions you've participated in are listed on your profile. Click "My Zillow" to go to your profile page - then on the "Discussions" tab - and then "see all"
Some basics about Zestimates that seem to have been missed on this thread.1) Zestimate accuracy can vary by region. To get an idea about how good Zestimates are in your County, please refer to our data coverage and accuracy tables - http://www.zillow.com/how ... uracy.htm2) Zestimate accuracy can vary from one home to the next - based on the accuracy and completeness of the information we have about those homes.3) Mapping problems don't impact Zestimates. If your home is is the wrong place on the map, that will not cause your Zestimate value to be off.4) If your Zestimate value seems incorrect, it's usually quite easy to figure out why that is. Potential causes of inaccurate Zestimates are:a) Inaccurate home facts in the public records we have about the property. To publish corrected home facts, click on "edit home facts." To calculate a new Estimate based on these corrections, try out "My Estimator" - http://www.zillow.com/how ... About.htmb) No sales history for a home. If we have no record of a sale for your home, then it becomes harder to calculate a Zestimate.c) Tax assessments are low/high. This can be the culprit if similar houses have significantly different Zestimate values. Tax assessed values have a bigger impacts on Zestimates when we don't have prior sales transactions for the home (see b).NOTE: Zestimate values are a starting point, not the final word on a home's value. For more details read "What's a Zestimate?" - http://www.zillow.com/how ... imate.htm
Enjoyinglife - Your home is priced at $149K and your home's Zestimate value is $134K with a maximum of $161K. So, we don't disagree - and if a buyer quotes a Zestimate value you can let them know that your home is listed at a discount to the maximum Zestimate value of $161K. The 10% difference between your list price and the Zestimate is not uncommon - it's a value estimate - we've never visited your home - buyers understand that. You should also note that Zillow's not the only site that offers instant valuations - a quick check of a few of those yielded estimates similar to the Zestimate.You've done the right thing by posting your home for sale on Zillow - since your list price replaces the Zestimate on your home's detail page and in the search results (on the map.) Charlotte has enjoyed great appreciation over the past few years though the 2862 Zip code doesn't seem to have done quite as well as some other areas. Best wishes for a speedy sale.
All - If you're still confused about Zestimate values and their accuracy, here are some basic points important to understanding this site:1) Zestimate accuracy can vary by region. To get an idea about how good Zestimates are in your County, please refer to our data coverage and accuracy tables - http://www.zillow.com/how ... uracy.htm2) Zestimate accuracy can vary from one home to the next - based on the accuracy and completeness of the information we have about those homes.3) Mapping problems don't impact Zestimates. If your home is is the wrong place on the map, that will not cause your Zestimate value to be off.4) If your Zestimate value seems incorrect, it's usually quite easy to figure out why that is. Potential causes of inaccurate Zestimates are:a) Inaccurate home facts in the public records we have about the property. To publish corrected home facts, click on "edit home facts." To calculate a new Estimate based on these corrections, try out "My Estimator" - http://www.zillow.com/how ... About.htmb) No sales history for a home. If we have no record of a sale for your home, then it becomes harder to calculate a Zestimate.c) Tax assessments are low/high. This can be the culprit if similar houses have significantly different Zestimate values. Tax assessed values have a bigger impacts on Zestimates when we don't have prior sales transactions for the home (see b).
Kathy - You misunderstood Drew's comment about comps. Here's some more detail:Comps on Zillow are used slightly differently to the way a Realtor would use comps.Your Realtor will typically use comps to help determine a list price - those comps are an input to your Realtor's calculation of the value of your home. Zillow however does not directly use the list of comps to calculate the home's Zestimate - rather, the Zestimate algorithm uses information learned from all sales and then tailors your home's Zestimates according to its specific attributes. The comps in the list that you see on your home's detail page on Zillow are selected separately to calculating the Zestimate.So, it's important to note that if the comps list is missing a few good comparable homes - or including a few than aren't exactly comparable - that your Zestimate won't be caused to be incorrect as a result.
Let's Complaint About Other Professions We Know Nothing About!
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