Zillow at at its best

[streak]

Got an email from them today showing this property

http://www.zillow.com/homedetails/4592-Rancho-Del-Mar-Trl-San-Diego-CA-92130/68543486_zpid/?utm_source=email&utm_medium=email&utm_campaign=emo-savedsearch-address

for $1050000 I grabbed the cheque book and headed for the car. Then I thought wait, its zillow so double checked on realtor.com……. $10050000, damn!

[SmellsFeeshy]

What’s a little zero here and there anyway? Funny that Zillow shows that it would be a 90% decrease from the last sold price.

[UCGal]

It’s not even a fresh listing… It’s been on the MLS since last May. You’d think the realtor might have noticed that…

[earlyretirement]

Yeah, I’m surprised that the realtor didn’t correct it. Zillow takes a lot of flack but the truth of the matter is that people check it out and even if the numbers can be too high or too low…..the price listed does psychologically impact both buyers and sellers.

[sdrealtor]

HINT: Most realtors dont pay attention to Zillow.

[earlyretirement]

[quote=sdrealtor]HINT: Most realtors dont pay attention to Zillow.[/quote]

sdrealtor,

But don’t they at least check out their own listings?? I realize they probably don’t care about other listings but wouldn’t it make sense for a realtor to pay attention to all their listings?

All the successful realtors I know around the USA do pay attention to their own property listings that are on Zillow.

[sdrealtor]

Most dont even the successful ones. Its really not a critical part of our business. I advertised briefly with them and was on top of my lisitngs with them for 6 months. I got 1 or 2 leads and they were worthless.

[earlyretirement]

Yeah I realize that probably very few contact realtors/owners via Zillow. But most people I know that are interested in properties, still check out Zillow. Even if they are using a traditional realtor, Redfin or other sources.

I’d think you’d want to make sure there aren’t glaring mistakes on Zillow. Even if you aren’t getting leads/emails via Zillow the point I figured would still be to keep it up to date and accurate just for people that are checking it out even while using other sources.

During my search, I never once contacted a realtor via Zillow. However, I always at least checked out information on Zillow as well.

[Author]

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