Zillow’s Typical Error is $17,860
Here’s the problem. You have a home for sale and Zillow’s Zestimate for the house is way too low. To make matters worse, Zillow puts their (low) estimate of your home’s value right below your list price so everyone that looks at your house on Zillow thinks it’s way overpriced.
Where home sellers with low Zestimates will tend to immediately dismiss them as inaccurate, home sellers with high Zestimates will tend to immediately anchor on the high estimate and think it’s accurate, holy and just.
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