Why using Zillow to calculate your home value is a MASSIVE Mistake
Zillow has made some serious mistakes over the last few years. A lot of it can be pinpointed down to its Zillow Zestimate and how it relied on it to make heavy financial investment decisions.
With the real estate market shifting quickly relying on Zillow to find value for any home can be a big mistake for sellers and for buyers. Here's what Yahoo Finance has to say about it and let's also take a look at what Fortune Magazine says about Zillow.
Zillow Yahoo Finance Article on the Fiasco
https://finance.yahoo.com/news/zillow...
Fortune Magazine Article on Zillows Massive Failure.
https://fortune.com/2022/06/02/zillow...
Timestamp:
0:00 - Intro
1:47 - If you've ever wondered what you could get for your home
1:58 - However, determining a home's value is a delicate process
2:28 - Zillow's $6 billion home flipping business was a disaster.
3:06 - Zillow economists: Here's the home price shift coming for your local housing market in 2023
4:24 - What went wrong at Zillow
5:06 - The best ways to determine a home's value
5:54 - Find a qualified real estate agent
6:27 - Get an appraisal
7:50 - Look beyond computer based valuations
8:30 - Conclusion
#Socialmedia #Video #RealEstate #Realtor #SocialAgent #TristanAhumada
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