Zillow Off By 40% (for their own CEO’s home)
One of the most popular websites in real estate is undoubtedly Zillow. But did you know that their home value “Zestimates” are often WAY off?
In fact, the CEO of Zillow sold his own home in Seattle for 40% LESS than the Zestimate!
Per Inman News, “On February 29th, Spencer Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.”
As a real estate agent I actually have access to a tool that can accurately show someone how much their home is worth. I normally only use it when someone is selling their home soon, but after seeing how inaccurate Zillow is I am now offering to provide this service to ANYONE who is curious.