![]() Once that round closes, Zillow says there will be a three-month sales tracking period to see how close the competitors' predictions came to the actual sale price of the homes. The second and final round of the competition opened on Feb. In 2017, the company launched a competition to crowdsource a better solution. Still, Zillow is taking steps to improve their algorithm in order to make their Zestimates more accurately match what a home is sold for. Zillow said the claims are meritless since they've always been clear that the number is just a starting point, not an official appraisal-and the courts agreed. In 2017 Zillow faced a class-action lawsuit claiming that the Zestimates misled home buyers by leading them to believe that the number was an accurate appraisal. If you're frustrated with your Zestimate, you're not the only one. However, you might not see any change if your updates didn't make a big difference in the overall Zestimate. If they include that in their Zillow search, you'll show up if you update your home profile to show that your home has these features.Īccording to Zillow, your Zestimate should be updated immediately after you update your facts. If you're selling, the details you put in will also help your home be found more easily in searches.įor example, lots of people find a fenced in yard a must. All of that can be great for marketing your home if you're trying to sell. You'll even be able to put in a description of your home, a "What I love about this home" blurb, photos, and a walkthrough video.
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