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I’ve been getting a lot of questions about Zillow, from people looking to buy and sell. Lots of people check it out and call me with questions about Minneapolis properties they see on Zillow.
One problem with Zillow is that the updating is slow. A lot of times there are properties listed on Zillow that could be sold, but they still show up as active on the platform. That’s one of the most frustrating things that comes up with Zillow users here in Minneapolis.
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Zillow is a great place to go and look for homes because you can see everything, but that is their one downfall.
There are properties listed
on Zillow that could be sold.
on Zillow that could be sold.
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Secondly, people are asking what a Zestimate is. Zillow created an algorithm that compares homes in the same neighborhood and spits out a value for them. The tough part about the algorithm is, they don’t take condition and upgrades to the property into account. Sometimes these Zestimates have been up to $100,000 too low or too high.
At the end of the day, if you’re looking to buy or sell you can start your search on Zillow, and that’s all well and good. However, if you really have true questions about your home’s value and what’s really active in the neighborhood, give me a call. We're here to help with your real estate needs. Let’s talk soon.
