Zillow Beware!
Zillow is a popular website that allows users to search for
homes for sale, as well as view home values and past sales information.
However, there are a few downsides to using Zillow for your real estate search.
Zillow's Zestimate feature, which provides an estimate of a
home's value, is not always accurate. According to a 2018 study by
Zillow, their Zestimates were within 5% of the final sale price only about half
the time. This means that you could be basing your home search on inaccurate
information.
Zillow's data can be outdated. Because the website
relies on public records and user-submitted information, there may be a lag in
updates. This means that homes that have already been sold or taken off the
market may still be listed as available.
Zillow doesn't always have the most comprehensive listing
information. The website's listings are dependent on the real estate
agents, brokerages, and multiple listing services (MLS) that choose to
advertise on the website. This means that you may not be seeing all of the
available properties in your search area.
Zillow's search filters are not always helpful. While
the website allows you to filter your search by things like number of bedrooms
and bathrooms, the filters are not always specific enough. For example, you may
not be able to filter your search by the age of the home or the type of heating
and cooling system.
Zillow's search results may be biased. Zillow's
search results are based on how much agents and brokerages pay to advertise
their listings. This means that listings from agents and brokerages that pay
more will be more prominently featured in your search results, regardless of
the quality of the properties they represent.
In conclusion, while Zillow is a great starting point for a
real estate search, it's important to keep in mind its limitations. It's
always best to consult with a local real estate agent, who will have access
to more accurate and up-to-date information and can help you find the perfect
home for you.
@PierreandGia
Helping friends buy and sell homes since 2005
Pierre Khoury & Gia Albanowski Real Estate Team
Chairman Circle Diamond Realtor
Berkshire Hathaway HomeServices,
The Preferred Realty
web: www.PierreandGia.com
social: www.facebook.com/pierreandgia
testimonials: www.pierreandgia.com/testimon
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