You can’t be too careful. So, when I received a call from a man who introduced himself as the appraiser for my client’s condo, which is under contract for an October close, I wanted some proof he was who he said he was. My client is a pretty young woman who lives on her own, so I don’t give out her phone number indiscriminately. I confirmed the inspector’s information with the Arizona Board of Appraisals and my client scheduled an appointment for this past Saturday, when she could be home and grant him access herself.<\/p>\n
I just heard from the appraiser. He thought it was strange when he got to the condo that no one was home. But, the door was open. He figured the owner had had to run out unexpectedly, so he let himself in. He hadn’t expected the distinctly masculine decor and level of housekeeping he discovered as he went through the home, and was especially surprised by the absence of women’s clothing but abundance of men’s when he opened the closets, but we’re an enlightened society…<\/p>\n
The good news, he reported, was that the home appraised for the sales price.<\/p>\n
The bad news was that he had appraised the wrong condo!<\/p>\n
So Zillow<\/a> might not have the accuracy advantage of feet on the ground, but, up in its ivory tower, it gets the address right! Technorati Tags: arizona<\/a>, arizona real estate<\/a>, disintermediation<\/a>, phoenix<\/a>, phoenix real estate<\/a>, real estate<\/a><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" You can’t be too careful. So, when I received a call from a man who introduced himself as the appraiser for my client’s condo, which is under contract for an October close, I wanted some proof he was who he said he was. My client is a pretty young woman who lives on her own, […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,5,10,25],"tags":[],"class_list":{"0":"post-376","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-disintermediation","7":"category-real-estate","8":"category-realty-reality","9":"category-zillowcom","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":16158,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16158\/why-does-zillow-hate-my-house\/","url_meta":{"origin":376,"position":0},"title":"Why Does Zillow Hate my House?","author":"Cooksquared","date":"August 13, 2012","format":false,"excerpt":"Why Does Zillow Hate my House? If you are a real estate geek like me, you are obsessed with real estate valuation.\u00a0 It\u2019s bad enough that I spend most of my day performing real estate valuations for numerous investments, but my passion for real estate sends me off to open\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8473,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8473\/whats-the-hvcc-and-what-does-it-mean-to-loan-officers-realtors-and-consumers\/","url_meta":{"origin":376,"position":1},"title":"What’s the HVCC and what does it mean to Loan Officers, Realtors and Consumers?","author":"Tom Vanderwell","date":"May 18, 2009","format":false,"excerpt":"Okay, first, I have a confession to make.\u00a0\u00a0 The bank that I work for chose to be proactive and we began implementing the Home Valuation Code of Conduct on mortgage applications taken on or after January 12.\u00a0\u00a0 Why did we do it so early?\u00a0\u00a0 I'm not going to attempt to\u2026","rel":"","context":"In "Dirty Laundry"","block_context":{"text":"Dirty Laundry","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dirty-laundry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15443,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15443\/introducing-hank-miller-atlanta-realtor-and-appraiser\/","url_meta":{"origin":376,"position":2},"title":"Introducing Hank Miller, Atlanta Realtor and Appraiser","author":"Greg Swann","date":"December 12, 2011","format":false,"excerpt":"We're introducing a new dawg today, one who puts his bite where his bark is, Hank Miller of HoundDogRealEstate.com in Atlanta. Hank is an associate broker, leader of a team of Realtors, as well as an appraiser. Here's his credo, which I like a lot:My objective is to call bullshit\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":497,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/497\/appraiser-reverse-engineers-zillowcoms-secret-sauce-can-you-guess-the-main-ingredient\/","url_meta":{"origin":376,"position":3},"title":"Appraiser reverse-engineers Zillow.com’s “secret sauce”: Can you guess the main ingredient . . . ?","author":"Greg Swann","date":"October 2, 2006","format":false,"excerpt":"Lee Ovington, a real estate appraiser who works and blogs in Elgin, IL has successfully reverse-engineered Zillow.com's Automated Valuation Method:The above examples give us some indication of how Zillow arrives at its value estimates (or Zestimate). Quite simply, the Zestimate relies on a calculated relationship of assessed value to sale\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13529,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13529\/its-415-pm-do-you-know-where-your-realtor-is-a-consumers-guide-to-using-social-media-the-supervise-your-goof-off-employee\/","url_meta":{"origin":376,"position":4},"title":"It’s 4:15 pm. Do you know where your Realtor is? A consumer’s guide to using social media to supervise your goof-off employee.","author":"Greg Swann","date":"November 6, 2010","format":false,"excerpt":"Your mortgage lender just called. The appraiser is standing outside the home you're hoping to buy, but there is no key in the lockbox. The lender called you so that you could call your Realtor. Your Realtor in turn can call the listing agent, and then someone can get over\u2026","rel":"","context":"In "Abusing Twitter"","block_context":{"text":"Abusing Twitter","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/abusing-twitter\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1141,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1141\/countrywide-lendingtree-bear-stearns\/","url_meta":{"origin":376,"position":5},"title":"Countrywide, LendingTree and Bear Stearns Mortgage","author":"Doug Quance","date":"March 13, 2007","format":false,"excerpt":"The lending roller coaster is just starting to roll Most real estate professionals have to deal with an occasional unexpected consequence involving lenders... but not a string of them like this revelation. A client of mine decided to be a generous friend. He's not a wealthy man in the strictest\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=376"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/376\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n<\/p>\n