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Phoenix broker finds Zillow is overvaluing homes, here's how to determine actual listing price

Phoenix broker finds Zillow is overvaluing homes, here's how to determine actual listing price

Breaking NewsIf you’re looking to buy or sell a home in the Valley, do your homework.2:41 PM MST February 20, 2021PHOENIX —The median error rate of the Zestimate for on-market homes in Phoenix is 1.3%, Zillow spokesperson said in an email to 12 News. The company also clarified that Zestimates are supposed to act as the beginning of the home buyer's ezperience."The Zestimate is not an official appraisal, but rather a jumping off point in determining a home’s value and in starting valuable conversations between homeowners, buyers, sellers and real estate professionals," the spokesperson...

February 20, 2021
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