5,274,497
I'm from the school of thought that the less attention we give to Zillow, the better.
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Debra Leisek
Homer, AK
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Fred Griffin Florida R...
Tallahassee, FL
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Jennifer Mackay
Panama City, FL
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Kathleen Daniels, Prob...
San Jose, CA
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Carol Williams
Wenatchee, WA
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Candice A. Donofrio
Fort Mohave, AZ
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
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Raymond E. Camp
Ontario, NY
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Pete Xavier
Pacific Palisades, CA
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Tony and Suzanne Marri...
Scottsdale, AZ
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Michael Jacobs
Pasadena, CA
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Jeff Pearl
Lovettsville, VA
3,416,322
I would take the listing all day every day. I am still listing and selling REO and my cash buyers would eat this up. Fix it and relist with me to sell again. As far as Zappraisals, they are as worthless as paying for zip codes
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Candice A. Donofrio
Fort Mohave, AZ
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Doug Dawes
Topsfield, MA
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Debe Maxwell, CRS
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
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Michael Jacobs
Pasadena, CA
1,048,530
Since I don't know home values in Cayce, South Carolina, I have no idea what this property would be worth in this condition or in a fixed up condition. In my neck of the woods, we would be thrilled to get a house like that for $130,000. But as someone who spent many years doing rehabs on Victorian homes, the only truly discouraging thing to me in all of that was the (weird) tenant upstairs.
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Fred Griffin Florida R...
Tallahassee, FL
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Doug Dawes
Topsfield, MA
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Jeff Pearl
Lovettsville, VA
1,466,257
Jeff Pearl A perfect example why consumers should not put any value in Zestimates.
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Jeff Pearl
Lovettsville, VA
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Candice A. Donofrio
Fort Mohave, AZ
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Doug Dawes
Topsfield, MA
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Debe Maxwell, CRS
Charlotte, NC
1,713,581
All AVMs are like that.
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Doug Dawes
Topsfield, MA
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Jeff Pearl
Lovettsville, VA
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
1,868,078
Can't tell if you mean overpriced or under.
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Debe Maxwell, CRS
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
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Nina Hollander, Broker
Charlotte, NC
4,712,205
I don't have a South Carolina real estate license and I don't have any knowledge of the Cayce market. If that property was in my market and available at that price, it would be likely be an unbelievable value that would garner a lot of attention. I can imagine the calls received...lol.
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Debe Maxwell, CRS
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
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Mimi Foster
Colorado Springs, CO
2,228,380
Thanks for sharing.
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Jeff Pearl
Lovettsville, VA
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Anthony Acosta - ALLAT...
Atlanta, GA
1,006,523
Nina Hollander and I - great minds think alike - do NOT give them any traffic!
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
3,416,100
I am with my soul sister Nina Hollander - I won't even click the link!
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Jeff Pearl
Lovettsville, VA
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Nina Hollander, Broker
Charlotte, NC
5,774,084
Jeff,
We feel the same way as Nina Hollander does. A
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Jeff Pearl
Lovettsville, VA
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Nina Hollander, Broker
Charlotte, NC
6,649,418
I am glad that they are doing the estimating from the outside, and they had better not start peeking through the windows.
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
1,091,675
Weird situation. Zillow aside, that sounds terrifying - "tenant upstairs, doesn't pay rent, doesn't leave the upstairs, gets their nourishment from birds and water coming through the holes in the roof".
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
117,135
Woo Hoo what a deal! The pictures are pretty descriptive. I did enjoy the agents description as well. I think I ned to be a little more creative with mine.
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
1,533,714
I don't know your market. Out here, that would go in 30 all cash offers at that price and for probably 300-400k.
I'm all about educating the public on why NOT to use Zillow and why TO use a real estate agent. If I were you, I'd write a blog about this and distribute it far and wide. I did one yesterday about the zestimate lawsuit in Chicago.
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
5,584,178
Z should be ignored....
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
392,787
I cannot imagine trying to deal with evicting the upstairs tenant OR buying something that I haven't either seen myself or had thouroughly inspected. Not viewing the upstairs is a dealbreaker for me.
I don't know values in SC, but cleaned up, couldn't the property be worth the zestimate?
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
1,748,377
Yikes. Captain: I think the Klingons are attacking!
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Bob Crane
Stevens Point, WI
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Jeff Pearl
Lovettsville, VA
2,294,780
Not! If the upstairs tenant has lived there long enough, they may NEVER be able to evict. By allowing tenancy with no payments, the owner has, essentially, given permission. Think adverse possession. This is a legal hassle and the owner needs to be schooled on how to prepare a property for sale... meaning hiring a lawyer and getting the tenant out.
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
1,525,616
I wish the general public understood that the "Z" estimates are often way off base. All we can do is try to educate them when they talk about it.
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
2,503,090
Actually Jeff Pearl that house would sell very fast for that price here in our market.
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
2,836,729
Zillow can do whatever it wants but hands-on cannot be imitated
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
1,259,358
Many people in the area never set their foot inside and came in with relatively high offers.
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
5,149,197
Well there's an opportunity! It would be $500K here!
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
1,027,657
I admit, I am very intriqued about the upstairs tenancy! LOL
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Jeff Pearl
Lovettsville, VA
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Candice A. Donofrio
Fort Mohave, AZ
1,250,899
Hi Jeff Pearl
Is this a made up listing? I was surprised that the price would even be $130K.
Personally, I do not like predictive websites
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
3,988,138
Real estate is local so I don't know if the value is close to Z's price or not and of course Z doesn't know what the inside looks like. In California it would be worth 3 or 4 times that amount. Buyers set value as to what they are willing to pay so with the price cut I would say buyers have said NO so far.
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
2,244,317
You've clearly made a mistake ! If Zillow says it's worth it , it must be !
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Nina Hollander, Broker
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
602,025
It depends on the market. If you look at comparable homes in the market, they appear to be listed for around $240,000. After repairing this "fixer upper" I don't think you would be much below market value, which means you'd be better off buying a newer home in good condition at market.
The good news is that $130,000 is just the list price. A savvy flipper can probably pick this up for under $100,000 and make a tidy profit.
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Jeff Pearl
Lovettsville, VA
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Debe Maxwell, CRS
Charlotte, NC
536,943
I have not found Zillow to be correct on anything as of yet. Their zestimates encourage buyers to low offer on homes that are priced correctly for the market. But Buyers think it is true and correct therefore they low offer or move on altogether. What a tragedy.
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Jeff Pearl
Lovettsville, VA
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Debe Maxwell, CRS
Charlotte, NC
5,447,396
Too many red flags for me! Pass
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Jeff Pearl
Lovettsville, VA
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Nina Hollander, Broker
Charlotte, NC
8,110,687
Thanks for sharing this link.
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Debe Maxwell, CRS
Charlotte, NC
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Jeff Pearl
Lovettsville, VA
3,074,289
Nina Hollander nailed this one!
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Jeff Pearl
Lovettsville, VA
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Nina Hollander, Broker
Charlotte, NC
5,166,763
5,978,571
Another reason to pay NO ATTENTION to Zillow.
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Jeff Pearl
Lovettsville, VA
4,800,282
Yes, this is a great indication of why Zillow really is a scam.
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Jeff Pearl
Lovettsville, VA
4,434,227
259,105
Since I don't konw the area, it's hard to say. Perhaps the lot is worth that after teardown. But I agree, Z doesn't have a clue.
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Jeff Pearl
Lovettsville, VA
4,321,985
Jeff Pearl - and once again, it's just 'Z'!
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Jeff Pearl
Lovettsville, VA
3,986,423
Until we start getting away from these lead gen companies we will be viewed less professional every time bad info gets out
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Jeff Pearl
Lovettsville, VA
5,238,257
Zestimates are worthless and buyers need to be educated as to why!
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Jeff Pearl
Lovettsville, VA
864,758
That does not surprise me. Nothing new knowing it is Zillow.
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Jeff Pearl
Lovettsville, VA
3,650,959
753,993
I had to argue a zestimate with a reporter last week. He had no clue how the zestimates are developed and I hope I gave him a bit of an education!
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Jeff Pearl
Lovettsville, VA
2,702,622
Nightmare Tenants. Did Z take that into consideration?
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Jeff Pearl
Lovettsville, VA
1,157,841
Zillow does not operate in our great country.
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Jeff Pearl
Lovettsville, VA
5,457,340
I agree with Ken Jones - it SHOULD be illegal and am hopeful the pending litigation will dismantle these bogus values permanently - although I doubt it will!
As for the listing - great net on that property as an investment! $1,800 monthly income on a $130K property!!
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Jeff Pearl
Lovettsville, VA
1,513,143