Q: Do Zillow, Trulia, and Realtor.com Have Your Best Interests in Mind?

05/13/20 • -1 min

Do online real estate tools give accurate information?

If you’re looking to Zillow, Trulia, or Realtor.com to get your real estate information, you should proceed with caution. These sites are in business to make money and generate revenue. The listing agents that you see next to certain properties are probably not listing agents. They just pay the site to be featured next to new listings.

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Even high-tech software can’t determine your home’s true value.

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Additionally, the instant estimates that you get from these sites, such as Zillow’s Zestiamtes, are off by an average of $14,000. They use an algorithm to determine value, but even high-tech software can’t determine your home’s true value based on its price, condition, and location. Zillow allows user-submitted data, which can further muddy the waters.

To find the right Realtor for you, the first thing you should do is ask around for recommendations. If you need recommendations from us, don’t hesitate to reach out via phone or email. In the meantime, stay safe and Aloha!

Do online real estate tools give accurate information?

“

Even high-tech software can’t determine your home’s true value.

”

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What's Up with the Real Estate Market?

This week on the Team Lally Radio show, we give you all the proof you need that our real estate market is healthy. We provide market updates on what's happening with inventory and prices regarding single family homes and condos. We'll also talk about the latest Covid-19 updates in our community and upcoming events.Also in this episode: Quotes of the day, Tips of the week, special events, this week's Open houses and Coming soon listings. To get the latest Covid-19 information and its impact on the current real estate market, visit https://www.teamlally.com/covid19/

Next Episode

3D Tours and Virtual Open Houses

This week on the Team Lally Radio show, we show you how our clients are able to view homes for sale in the comfort of their own homes. We detail how we host multiple virtual open houses weekly and make our 3D Tours available online on all our listings. We've also got a ton of advice and tips to keep you safe during the Covid-19 pandemic from Adrienne, Attilio and our favorite group of experts that we trust.
Also in this episode: Quotes of the day, Tips of the week, special events, this week's Open houses and Coming soon listings.