Why Zillow Zestimates are Wrong - the Failed Algorythm Story 2021
Segment 1
Why Zillow Zestimates are Wrong – The Failed Algorythm Story
Barb, on the last show we discussed doing a “Best Of The Barb Schlinker Real Estate Voice show” What were some of the most popular topics of the year?
Today we will cover:
Why Your Zillow Zestimate is Fake News
27 Tips to Sell Fast and For Top Dollar
The Real Estate Catch 22 – Having a House to Sell BEFORE You Buy Your Next
How to Sell for Up to 11% More – Home Sale Preparation
Why is the Zillow Zestimate “Fake News”?
Zillow - An Internet Tech Company Who
Mastered Google Dominance – always on page 1 of Buyer and Seller Searches
Business Model to Generate Leads and Sell them to Agents
What is Zillow Now?
Changed their Mission and Decided to ENTER & DOMINATE THE REAL ESTATE BUSINESS
Started Zillow Offers based on their Computerized ZESTIMATE of Home Value
Became JUST ANOTHER REAL ESTATE COMPANY WITH GREAT WEB PRESENCE
STOPPED ZILLOW OFFERS BECAUSE THEY WERE PAYING TOO MUCH
Zillow Created a False Sense of Convenience in the Sale Process in order to Profit from a Home Seller’s Hard-Earned Equity
Something Went REALLY Wrong…
Lost ½ BILLION DOLLARS
Offering Easy Button
Why? They were paying too much and when they tried to re-sell them the market did NOT respond.
Zillow quit Buying Homes and is laying of 25% of their workers!
IN OTHER WORDS…THEIR COMPUTER ALGORYTHM OF A HOMES VALUE WERE WRONG!
Why Do Home Sellers Care?
Many check out the Zillow Zestimates – computer algorithm based numbers, to provide a GUESS on a Homes Value
Need “Extraordinary Local Expertise”
Wall Street does NOT Have That
Their Algorithms are wrong!
Their People are NOT experts!
Who do you want handling one of your largest assets?
Local Professional or
Wall Street Nerd?
Why Was Zillow Offers So Attractive?
The Easy Button
Guaranteed to Sell
At Their Time Frame
At the Price They Want
Least Amount of Hassle
When We Come Back We Will Talk About How Our Home Sale Guarantee offers Home Sellers:
Guaranteed to Sell
At Their Time Frame
At the Price They Want
Least Amount of Hassle
AND the Opportunity to Get ALL Of Their Equity…Not Give it Up to Zillow
You are listening to the Real Estate Voice with myself Barb Schlinker of Your Home Sold Guaranteed Realty, if you are interested in selling your and want to call Barb give her a call at 719 301 3900
We are talking Barb about why Zillow lost ½ Billion dollars flipping homes and suddenly stopped. Barb how does your Home Sale Guarantee the Home Sellers the MOST money when they sell?
With our Guaranteed Sale Home Sellers Get:
THE BEST OF BOTH WORLDS:
The Ability to secure the BEST OFFER and MAXIMIZE your Hard-Earned Equity
Have the Peace of Mind That Your Home is Already Sold!
So How Does that Work?
The Guaranteed Sale Program is GREAT for a Sellers Market $$$$
It Allows You to Go On the Open Market to Bring Top Value for Your Home
I can say that I have extensive expertise in bringing TOP VALUE for a home.
Just Ask John & Bobbie: We were able to get her $66,500 OVER ASKING Price in 1 weekend~
What is The Process:
THE PROCESS IS SIMPLE:
Call Us and Set Up a Time that I can See your Home….
We Must Agree on the Price and Terms
There are Conditions of the Guarantee we can discuss those when we meet.
You can call me any time at 719 301 3900 or visit www.BarbHasTheBuyers.com
By the Way this is Still a Strong Market…
Most Recent Stats indicate the AVERAGE PRICE INCREASED $12,000 IN JUST 1 MONTH!
Reason The Real Estate Market is Not Crashing:
Compared to NON – Covid Years Sales UP & Inventory Down by 50%
High Rent
High Home Demand
Our Service:
What to Do to Get Ready
What NOT to Do to Get Ready
What You
