by Glen | May 27, 2021 | Real Estate Trends, Real estate Valuation, Realtor, Residential hard money, residential lending valuation
A few months ago, Zillow agreed to buy ShowingTime, the largest and most widely used platform by realtors to schedule residential tourings and provide feedback to the listing agents. The platforms is integrated with most multiple listing services throughout the...
by Glen | Jan 16, 2020 | Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation
If you missed the article in the Wall Street Journal, you need to read it. The reporter demonstrated how he went dumpster diving and resold the items on Amazon. This is not a new concept and appears to be happening quite frequently to unsuspecting buyers. ...
by Glen | Jul 16, 2017 | News, Real Estate Trends, Uncategorized
If you haven’t seen the news Zillow has released a tool to provide “instant offers” to consumers on the purchase of their property via their website WITHOUT USING ANY AGENTS! Will this ultimately be the demise of the traditional residential broker? Why is Zillow...
by Glen | May 29, 2017 | Commercial Lending valuation
This weekend I was asked to lend on a file in Colorado. The borrower mentioned his zestimate was 250k. I was intrigued because the house was not in the nicest area. His zestimate value sucked…. Zillow also thinks it sucks since they are offering $1m to anyone who...
by Glen | Nov 24, 2014 | Blogroll, Hard Money Commercial Lending, Property Valuation
Is Zillow wrong? Should you use Zillow to value a property? I’m commonly asked how do I value a residential or commercial property and further do I use Zillow in my analysis. Zillow like many other valuation methods is questionable on its accuracy (see my...