Sanibel Real Estate Blog: What about Zillow

As a real estate agent, I love that Zillow quickly gets my listings to the internet in yet another venue to find buyers. But it is a love-hate relationship as Zillow’s formula makes for many errors.¬† In fact. A homeowner has filed suit against¬† Zillow, claiming the company’s controversial “Zestimate” tool repeatedly undervalued her home, creating a “tremendous road block” to its sale. She is asking that they remove or amend their “Zestimate” of her home. They have it at nearly $100,000 below her asking price and current neighborhood value.

If you have some Sanibel real estate that you would like to know the value of- trust your Sanibel real estate agent (or an appraiser) but use Zillow as only a rough guide. Check out our Sanibel real estate listings at www.chuckandrews.com or give Chuck Andrews a call at 239-849-3396 to discuss your home’s value anytime.

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