‘Zestimates’ wreak havoc for buyers and sellers

By Stacey LyKins |  Ahwatukee Foothills News

“Zestimates” are one of a Realtor’s worst nightmares.

Zestimates are rarely accurate. It is such a problem that “CBS This Morning” recently just did a piece on them.

Co-host Norah O’Donnell asked the chief executive of Zillow about the accuracy of the website’s automated property value estimates, known as Zestimates, she touched on one of the most sensitive perception gaps in American real estate.

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