are zestimates inaccurate

Don’t Rely on Zestimates to Determine a Home’s Value

The spring real estate market is in sight and a popular question is “Are Zestimates accurate?” Many potential sellers rely on Zillow to provide a “Zestimate” of their home’s value. Zillow CEO Spencer Rascoff is quoted as saying that the Zestimates are “a good starting point,” but that nationwide Zestimates have a “median error rate” of about 8%. In...

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