This chart http://www.nytimes.com/2012/05/09/realestate/commercial/appraisals-overvalue-real-estate-study-finds.html?_r=0 … suggests ~50% of appraisals are within 20% of sale price. Zillow gets 80% - 95% within 20% of sale price.
-
-
Replying to @random_eddie
@random_eddie Nationally, the median Zestimate error rate is 6.9%. You can search local rates here: http://zlw.re/6011gGdX CC@MorlockP2 replies 0 retweets 0 likes
Replying to @zillow
@zillow @random_eddie FWIW in general I'll trust algorithms over human expertise.#moneyball
4:39 PM - 9 Mar 2014
0 replies
0 retweets
1 like
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.