Comments on: The Birth of Unzillowable http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/ Sat, 6 Sep 2008 19:21:37 +0000 http://wordpress.org/?v=2.3 By: Joseph Ferrara http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-220408 Joseph Ferrara Thu, 15 May 2008 13:16:36 +0000 http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-220408 David, 1. Not so. How does an owner input "traffic noise" or "odor from the pig farm down the block" or the rotten neighbor next door? Go down the list of unzillowables and tell me which ones can be input by owners to change the zestimate? 2. Why then do I not see any references to KBB anymore? Can you send me some recent links where Zillow likens itself to KBB as you describe? David,

1. Not so. How does an owner input “traffic noise” or “odor from the pig farm down the block” or the rotten neighbor next door?

Go down the list of unzillowables and tell me which ones can be input by owners to change the zestimate?

2. Why then do I not see any references to KBB anymore?

Can you send me some recent links where Zillow likens itself to KBB as you describe?

]]> By: pet mice http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-220398 pet mice Thu, 15 May 2008 11:30:06 +0000 http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-220398 [...] word was by Jay Thompson in Arizona. Unzillowable, adjective un zil?? o bull: unable to be valued byhttp://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/DFW Events, May 9 Wichita Falls Times Record NewsEditor??s note: Concert tickets can be purchased by [...] […] word was by Jay Thompson in Arizona. Unzillowable, adjective un zil?? o bull: unable to be valued byhttp://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/DFW Events, May 9 Wichita Falls Times Record NewsEditor??s note: Concert tickets can be purchased by […]

]]> By: David G from Zillow.com http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-219991 David G from Zillow.com Mon, 12 May 2008 18:35:58 +0000 http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-219991 2 corrections: 1) "unzillowables" are unrelated to owner edited home facts. By definition, owner's facts are "zillowable" if those updates are estimated to have a measurable impact on the home's value. 2) While we obviously hate to get repetitive, this claim that the KBB analogy was "abandoned" is silly. That's just not the case. Obviously in making that analogy we did not suggest that cars were somehow the same as houses. The analogy obviously is that both websites attempt to estimate market value and that still holds true today. 2 corrections:

1) “unzillowables” are unrelated to owner edited home facts. By definition, owner’s facts are “zillowable” if those updates are estimated to have a measurable impact on the home’s value.

2) While we obviously hate to get repetitive, this claim that the KBB analogy was “abandoned” is silly. That’s just not the case. Obviously in making that analogy we did not suggest that cars were somehow the same as houses. The analogy obviously is that both websites attempt to estimate market value and that still holds true today.

]]> By: Joseph Ferrara http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-219854 Joseph Ferrara Mon, 12 May 2008 01:09:07 +0000 http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-219854 RicK-- Jay was the first to use the term unzillowable in a listing. And yes, he is a clever fellow. Denver Home, Absolutely. And shall ever be. Louis It was because of unzillowables (Zillow called them oohs and aahs-- they could also be oohs and icks) that Zillow finally allowed homeowners to adjust the data. Strangely, they did not initially allow the new zestimate to be viewable by buyers, Zillow's core market. Interestingly, the Kelley Blue Book analogy was quickly abandoned as a big time marketing gaffe-- homes are, overwhelmingly, not depreciating commodities. (They did however keep the silly stock graphs.) I would like to know who came up with the KBB analogy. Zillow deemphasized zestimates because they cannot sustain a website on them. The sooner they toss them altogether, the better for them. RicK– Jay was the first to use the term unzillowable in a listing. And yes, he is a clever fellow.

Denver Home,
Absolutely. And shall ever be.

Louis

It was because of unzillowables (Zillow called them oohs and aahs– they could also be oohs and icks) that Zillow finally allowed homeowners to adjust the data. Strangely, they did not initially allow the new zestimate to be viewable by buyers, Zillow’s core market.

Interestingly, the Kelley Blue Book analogy was quickly abandoned as a big time marketing gaffe– homes are, overwhelmingly, not depreciating commodities. (They did however keep the silly stock graphs.) I would like to know who came up with the KBB analogy.

Zillow deemphasized zestimates because they cannot sustain a website on them. The sooner they toss them altogether, the better for them.

]]> By: Rick NHS http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218428 Rick NHS Tue, 29 Apr 2008 20:55:28 +0000 http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218428 Nice post! Doesn't surprise me that Jay coined the term "Unzillowable", he's pretty witty! I think that many readers (especially homebuyers) can learn a great deal about certain aspects of a home that you may not discover until after you've already moved in (perhaps even months after moving in).. such as noise, neighbors, smells, etc. Nice post! Doesn’t surprise me that Jay coined the term “Unzillowable”, he’s pretty witty!

I think that many readers (especially homebuyers) can learn a great deal about certain aspects of a home that you may not discover until after you’ve already moved in (perhaps even months after moving in).. such as noise, neighbors, smells, etc.

]]> By: Denver Home Loan http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218203 Denver Home Loan Tue, 29 Apr 2008 03:39:44 +0000 http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218203 Good taste is something that Zillow can't estimate. A house that is done "right" is easily worth $100k more than the same floor plan down the street. The system is subject to gross error. Good taste is something that Zillow can’t estimate. A house that is done “right” is easily worth $100k more than the same floor plan down the street. The system is subject to gross error.

]]> By: condo rentals http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218173 condo rentals Mon, 28 Apr 2008 21:44:55 +0000 http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218173 [...] word was by Jay Thompson in Arizona. Unzillowable, adjective un zil?? o bull: unable to be valued byhttp://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/Luxury lures at Lake of the Ozarks St. Louis Post-DispatchToad Cove condos will be fit for a prince [...] […] word was by Jay Thompson in Arizona. Unzillowable, adjective un zil?? o bull: unable to be valued byhttp://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/Luxury lures at Lake of the Ozarks St. Louis Post-DispatchToad Cove condos will be fit for a prince […]

]]> By: David G from Zillow.com http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218123 David G from Zillow.com Mon, 28 Apr 2008 16:41:37 +0000 http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218123 Hi Chris :-) Hi Chris :-)

]]> By: Louis Cammarosano http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218107 Louis Cammarosano Mon, 28 Apr 2008 14:35:56 +0000 http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218107 And the concept still holds true today. Joe, around the time of this post I think Zillow backed away from proclaiming that they were the "Kelly's Blue book" of home valuations. It seems they have deemphasized the Zestimate and are promoting "dueling digs" and their mortgage product instead And the concept still holds true today.

Joe, around the time of this post I think Zillow backed away from proclaiming that they were the “Kelly’s Blue book” of home valuations.

It seems they have deemphasized the Zestimate and are promoting “dueling digs” and their mortgage product instead

]]> By: Glenn http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218091 Glenn Mon, 28 Apr 2008 13:32:24 +0000 http://blog.sellsiusrealestate.com/unzillowable/the-birth-of-unzillowable/2008/04/28/#comment-218091 In today's real estate market - interior condition is unzillowable. Many homes in the "distressed" state have many negatives which prospect buyers might want. Another unzillowable is the historical pricing within a neighborhood versus another neighborhood. In today’s real estate market - interior condition is unzillowable. Many homes in the “distressed” state have many negatives which prospect buyers might want.

Another unzillowable is the historical pricing within a neighborhood versus another neighborhood.

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