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Zillow | From 'Urb to 'Burb Blog

Friday, May 24, 2019   /   by Vanessa Saunders

Hey Buddy! Wanna buy a 3 bedroom 3 bath in DC for $36K?

Who wouldn't snap up this apparent bargain, if it weren't for the fact that by now, most people know that such "bargains" are almost always scams. This one appearing on Zillow last month was. But according to Zillow, over 1,500 people clicked on the website, and 123 people saved it in its first day online.

This is an old scam, which Zillow and Trulia are actually getting better at sorting out lately. They missed this one. The "Sellers" claim to be a property management company and specify that the property is available for first-time buyers only: "no lenders, no investors, no wholesalers, no attorneys and no one that has ever owned a property." According to the Zillow listing, the sellers "own many homes across the country, and once a year they "sell one or a few to first-time buyers for under $50,000."

The fraudulent listing also states the home is occupied by tenants, and due to their lease, must have 48 hours notice before an interested buyer can see the property. But before ...

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  hudson valley real estate, buying a home, why work with a realtor, mortgage process, making an offer on a house, zillow

Tuesday, April 2, 2019   /   by Vanessa Saunders

What if Zillow ran NetFlix: The future of real estate house hunting says your home will find YOU! What could possibly go wrong?

Inman News, the real estate industry's leading news source reports today that "Your Next Home Will Find You." Apart from the obvious "Big Brother" tone this carries, I kinda doubt it's good news on the way.

The article claims that in a few short years, customer and property data will be blended into a "dynamic information matrix" which will allow new algorithms to create tools for buyers and sellers to find each other. The end result will be finding the perfect home for a buyer by "interpreting, predicting and weighing the risk and rewards associated with a specific house purchase or sale." The process will take a buyer's data history, accumulated before and during the act of buying and selling, mixed with property information.

I can only imagine this is going to be like NetFlix suggesting a movie I might like, only with Zillow running the database. If that's the case, I can only see a future in which I "find" my movie using a voice-activated interface like Alexa running on thi ...

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  hudson valley real estate, hudson valley property, hudson valley home, home investment, buying a home, funny blog, zillow, 'urb to 'burb

Thursday, November 29, 2018   /   by Andrew Rohle

The World Needs More BadAss REALTORS®

A colleague in my real estate universe, Jay Thompson, wrote a blog recently that jogged a point I want to make. He described an airline flight experience he had on a trip home to Seattle which I would like to relate to illustrate my point: 

During boarding, the passenger in the seat ahead of Jay placed a bag under his seat, blocking the space for Jay's feet. Although Jay asked the passenger to put the bag under his own seat (per standard airline regs) the passenger refused to move the bag. Instead, the passenger reclined his seat and with a surly attitude, ignored Jay's requests.

A flight attendant responded beautifully to the situation, and Jay's description of what followed is more brilliant than I could ever relate:

"The flight attendant was a consummate professional, apparently either insanely well-trained or experienced in this situation. Given the frightening level of human ineptitude often displayed around airplanes, I suspect she has seen and dealt with all ...

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  hudson valley real estate, selling your home, why work with a realtor, zillow, hudson valley living

Friday, August 10, 2018   /   by Vanessa Saunders

Zillow's robots need help.

We've written in the past about Zillow and the problems it has with its Zestimates of home sale listings. (We even caught it listing the White House for sale, which we thought was hilarious until we remembered that it's inhabited buy a guy in commercial real estate.)

Recently, Zillow was caught using listing prices to tweak seriously off-the-mark estimates., something it said it never did. But in a story in Inman News recently, Zillow confessed that they have used listing prices in certain circumstances.The story details how Sacramento appraiser Ryan Lundquist noticed homes Zestimated at one price, which magically changed when the property appeared at a price divergent from Zillow's.





Lundquist posted, "This property was priced too high at $380,000 and Zillow's estimate was at $380,414. The price was reduced to $335,000 and right away Zillow's estimate changed to $346,364. This makes me think Zillow's algorithm gives huge weight to the actual list price. Hmm..." ...

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  hudson valley real estate, hudson valley property, hudson valley home, buying a home, hudson valley home sellers, why work with a realtor, zillow

Monday, January 29, 2018   /   by Beryl Oles

Zillow turns a $3.5 million property for sale into a rental.

Global Property Systems recently had an unusual listing, even for us. It was a lovely property for sale at $3.5 million. The owner was very amenable to renting the home as well, at $16,000 a month. This was a fact that real estate marketing giant Zillow.com just couldn't get its digital head around. 

When Zillow posted the property, which it took from our local Multiple Listing Service, it couldn't bring itself to post it as both a home for sale OR for rent. It took the staff at Global Property Systems the better part of last week, wrestling with Zillow drones who kept trying to find ways WE had input the data wrong. (Remember, Zillow takes it's information from the MLS, and we and the MLS had it posted correctly.) 

The homeowner was rightfully upset that the leading real estate marketing site in North America had put up faulty information and couldn't seem to set it right. My thanks to our Zillow Strategic Business Advisor  Aleks Danilov to go to bat within hi ...

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  hudson valley real estate, hudson valley property, zillow

Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258

The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

©2020 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.

The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. ©2020 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.
The data relating to real estate on this website comes, in part, through the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the IDX logo and detailed information about them includes the name of the listing broker.