Sentences with phrase «says zestimates»
Zillow officials say the Zestimate's error rate is 5 percent on the more than 110 million U.S. homes it provides valuations upon.
http://realtormag.realtor.org/ Not exact matches
«Overall, the Zestimate is incredibly accurate — with a median error rate of 4.5 percent — but occasionally human error does occur,» Zillow spokesman Viet Shelton said in a statement.
I've found a few, one particularly has sparked my interest, it's only $ 6000, but the «zestimate», which I've read to take with a grain of salt, says that it's around $ 103k.
«We've been blown away by the data science community's response to the Zillow Prize,» says Stan Humphries, creator of the Zestimate and chief analytics officer at Zillow Group.
That said, zestimates take a first shot at pricing.
The site, he said, leaves the real estate practitioner out of its advertising; puts inaccurate Zestimates next to list prices; encourages consumers to sell without an agent; posts inaccurate, out - of - date information; and buries basic listings behind pages of «featured» (paid) listings.
Zillow continues to research how to program Zestimates to account for such factors, but we haven t fully cracked the nut on that one yet, Humphries said.
Early on, agents said that Zillow, and particularly it's infamously inaccurate zEstimates, were a fad that would soon go away.
However the Zestimates are created, Zillow says between major upgrades new iterations of the model are constantly being devised.
The word Zestimate, itself, conveys that the values are merely estimates, Zillow said.
You said that the Zestimate is «a good starting point».
(CORPORATE NEWS) Zillow says they'll «vigorously defend» themselves against allegations that Zestimates are concealed on partner brokers» listings.