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Jackie Colson-Miller

Jackie Colson-Miller, CIPS
Certified International Property Specialist
NAR Liaison to Austria
Tampa Real Estate
Direct - (813)629-5757
Homeward Real Estate
3401 Henderson Blvd
Tampa, FL 33609
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Why You Should Not Use “Zillow” to Find Tampa Real Estate or Estimate House Values

When buyers are looking for Tampa Real Estate, many of them tell me they have been searching on “Zillow”, a website originally designed to estimate property values.

The problem with Zillow, or any other “automated” property value site, or home search site, is the information can be  inaccurate about 30% of the time. To put it bluntly, the data is WRONG on nearly one-third of the properties. Why? Because “Zillow” is not a real estate agent…it is a computer compilation of “statistics and data”…when the data is WRONG,as it often is, then Zillow is wrong.  Inaccurate data = Inaccurate value.

While it is easy to start your home search on the Internet, it is also the source of many misconceptions about “current market value”.  To understand the current market, and the current market value on any home, you MUST use an experienced, local Real Estate Agent.

Please read my previous article on  Tampa Real Estate and “Internet House Hunting” and contact me today for accurate information on the best neighborhoods in Tampa for your family!

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If you are buying a house in Tampa, or Selling a house in Tampa, I can help with any Tampa neighborhood, including:

 

South Tampa, Davis Islands, Beach Park, Sunset Park, Hyde Park, Culbreath Isles, Palma Ceia, Westchase, Waterchase, Odessa, Cheval, Avila, Brandon, Riverview, FishHawk, New Tampa, Tampa Palms, Hunter’s Green, Arbor Greene, Apollo Beach, South Shore, MiraBay, Golf Communities, Waterfront Homes, Luxury Homes in Tampa, Clearwater Beach, St. Pete Beach, Condos in Tampa and International Real Estate…contact me!

 

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This entry was posted on Thursday, January 29th, 2009 at 11:15 am and is filed under Buying a House in Tampa, Tampa Home Search, Tampa MLS Listings, Tampa Neighborhoods, Tampa Real Estate, Tampa Real Estate Agent, Tampa Real Estate Market, Waterfront Homes in Tampa, Westchase. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Why You Should Not Use “Zillow” to Find Tampa Real Estate or Estimate House Values”

  1. Sam Chapman says:
    February 16, 2009 at 5:12 pm

    People shouldn’t use Zillow for anything at all. It can be terribly inacurate.

  2. Mr Mogul says:
    February 19, 2009 at 3:51 pm

    Good point. I think most people are ready to believe anyone who is easy to access, and Zillow is a click away.

    It takes time to research a real property value, and compare it to prices seen even a year ago, and make an estimated guess if the figues are correct. Most people don’t want to do the homework necessary to be accurate, but there are accurate sources out there.

  3. Tampa Real Estate says:
    March 11, 2009 at 3:34 pm

    I agree 100%. The only time they are close is in a large subdivision. There was a lender once using http://www.realestateabc.com. Guess what, they are now out of business. You are better off finding a real estate agent to do a CMA or hire a licensed appraiser.

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