This is something we as consumers understand, not sure all agents do: buying real estate is quickly becoming something you cannot do without technology. Why shouldn’t you be able to drive through a ‘hood, see a listing, tap onto your phone and pull up all the info on the home? I mean, fifty percent of the time those plastic containers holding the flyers are empty. Or wet. (Competing agents often drive around and steal them.) A few weeks ago, I saw a foreclosure on the corner of Bushire and Royal Lane — great area. I called the number on the sign and tapped in the “case number”, only to be disconnected repeatedly. All I wanted was to know the price of the home at that moment. Well, that seller lost me. Pairing Zillow with the I-Phone is a brilliant move, but will it work in Texas?
Zillow’s “zestimates” continue to be all over the place in Texas, which the company cannot help because we are a non-disclosure state. You can, of course, google DCAD and pull the tax appraisal from your phone — cumbersome, but I do that all the time. I keep Housefront.com on my phone as well. But Zillow’s new info-loaded app uses GPS and “follows you” as you walk or drive — too cool to describe. Watch this. I’m off to download it!
That is the best app that Apple has created so far!!!
I’m liking it, but would like it even more if it also contained a link to the MLS listing.
Then who would need the Realtors? Ooooops.
The application is pretty cool, but that ‘Z-Estimate’ figure is largely irrelevant. I just looked at a well-priced listing I have where the Z-Estimate is not even in the ballpark. In fact, if my sellers would take a price $250K higher than the Z-Estimate, it’d be such a steal that I’d sign a contract today to buy it from them myself.
Agreed with Brady, the Zestimates are largely incorrect, at least in every neighborhood that we’ve viewed so far.
Working in real estate, I dl’ed the app for kicks and found discrepancies within my own neighborhood in the ballpark of $70k+… and I know those aren’t accurate ranges for my ‘hood.
Though, it is an awesome app and gives a buyer, agent and nosy neighbor ‘at your fingers’ access with more information than we used to have driving around in our cars. It’s only a matter of time, now…
Hate to be the spelling czar but it is
iPhone not I-Phone