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Updated about 5 years ago on . Most recent reply

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Brandon Metz
8
Votes |
43
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Zestimates Ruining rents?

Brandon Metz
Posted

Just posted my first rental on zillow and im a little alarmed. After doing careful market research and comparing to similar rentals around the area my realtor which has quite a few properties himself and I came up with would be more than fair to ask per month. The only problem is the zestimate is estimating $200 lower and its right there on fron for everyone to see of course. This seemed unusual seeing that there is properties for rent very close by in nowhere near as good condition zestimating for more. Do these zestimates actually cause problems for people or is it not really that big of a deal.Im worried it will affect responsed but well see its been online 10 minutes.

Most Popular Reply

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6,023
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Dennis M.
  • Rental Property Investor
  • Erie, pa
9,407
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6,023
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Dennis M.
  • Rental Property Investor
  • Erie, pa
Replied

Don’t worry about any of that , most tenants are more worried about their favorite guy on a court who throws a ball in a hoop or what beer they want for the weekend . Most renters don’t look or care to consider comparable pricing

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