Zillow Hubbardston Ma (2024)

FAQs

How does Zillow's algorithm work? ›

To calculate a Zestimate, Zillow uses a sophisticated neural network-based model that incorporates data from county and tax assessor records and direct feeds from hundreds of multiple listing services and brokerages. Neural networks are artificial intelligence systems that imitate how the human brain works.

Zillow makes money primarily by selling advertising and enhanced profiles to real estate professionals. The company also generates revenue through mortgage interest, commissions from agent partners, and various services like Zillow Closing Services and Zillow 360 Bundled Services.

Add a 3D Home tour and interactive floor plan

Based on data collected between October 2022 and March 2023, listings with a Zillow 3D Home® tour got, on average, 60% more views on Zillow and were saved by buyers 79% more than listings without.

Accuracy of Zestimates

According to Zillow's website, Zestimate's nationwide median error rate for active listings is 2.4%. 3 For off-market homes, it's now 7.9%. 4 Zestimates are only as accurate as the data behind them.

The nationwide median error rate for the Zestimate for on-market homes is 2.4%, while the Zestimate for off-market homes has a median error rate of 7.49%.

The best overall Zillow alternative is Realtor.com. Other similar apps like Zillow are LoopNet, Zumper, Apartments.com, and Crexi. Zillow alternatives can be found in Multiple Listing Service (MLS) Software but may also be in Real Estate Marketing Software or Real Estate CRM Software.

In 2010, Zillow became profitable for the first time. In September of that same year, Spencer Rascoff was named CEO of the company.

You may notice your views and saves counter fluctuate once these 30 days are past, as you are no longer seeing the values from days outside of the current 30-day window. Please note that the number of saves is the current number of users that have the home saved in their profile for the past 30 days.

Is 20 saves on Zillow good? ›

According to Zillow, properties with more than 30 saves tend to sell faster. They also go closer to their listing price than those with fewer saves. Additionally, a high number of saves can also imply that the property stands out among other listings. The activities can make it more desirable to potential buyers.

Click on the tile for your home to load the property page. If you have not already claimed your home on Zillow, please follow these steps. Once you have claimed your home, click on the Edit Facts icon from the Owner View of the property page. Click the check box for Hide photos displayed on your home's Zillow page.

The Zestimate is calculated through a Zillow algorithm that crunches data from public property records, tax records, recent home sales in the area, and user-submitted information to come up with an approximate market value for a home.

Zillow's evolving strategy sees it getting closer to the real estate transaction (Zillow Flex and Zillow Home Loans) and expanding to more parts of the transaction (Mortgages, Rentals, Seller Services, Agent Tools).

There are several reasons why Zillow's Zestimate may be inaccurate. For one, the feature relies heavily on publicly available data, such as property tax records and past sales data. This means that it may not take into account certain factors, such as renovations or additions to a home, that could affect its value.

A view is counted every time someone loads a page that contains your property. It could be the details page (like the one below) or it could be a results page with a list of all of the homes that meet their search criteria.