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The Zestimate is just another data point among the many that are used to determine an offer price, but certainly should not be the most important. Zestimates. This is huge business. The “Zestimates” are a way to get consumers onto the website and to convince Realtor boards (like ours locally) to provide them with. The Zestimate® home valuation model is Zillow's estimate of a home's market value. A Zestimate incorporates public, MLS and user-submitted data into.

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By Zillow's definition, a Zestimate is “Zillow's estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in. The Zestimate® home valuation model is Zillow's estimate of a home's market value. A Zestimate incorporates public, MLS and user-submitted data into. According to Zillow, “The Zestimate® home value is Zillow's estimated market value for an individual home and is calculated for about million homes.

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The widely watched lawsuit against Zillow for their "Zestimate" home estimate tool has been dismissed. Here is why the judge ruled in favor of Zillow. The Zestimate is just another data point among the many that are used to determine an offer price, but certainly should not be the most important. Zestimates. The Zestimate algorithm relies on finding comparable properties based on property features to generate an estimate of a property's market value. Zillow obtains.