Free code for value estimates

**Reindex.com** · 03-23-2007, 10:50 AM

I made a script that lets you give a free value estimate to site visitors. It is only as accurate as the other sites that try to reduce valuing real estate to a formula. It is "customizeable" to your own name and variables. The code is free and can be found with instructions at REindex(dot)com/VECodes(dot)html page. { replace (dot) with a . }

Happy selling and listing!
REindex.com, The Site Engine(sm)

**Seemster** · 05-09-2007, 12:07 PM

why would i use this over say zillow's public api?

**Reindex.com** · 05-09-2007, 12:59 PM

It is no better or worse than Zill ow's. Actually, why wouldn't you ask an agent? Math is only as good as the variables. No equation is a acurate as an agent in the market daily.

The VE button I created is only to provide a rough calculator like the Z ill ow equation does, but gents can put it on their site. This provides a more complete site and less need for a trip to the z ill ow type sites.

**Seemster** · 05-09-2007, 01:21 PM

Like most people, I have a tendency to look for answers without having to engage a "salesperson". I realize lots of agents are unhappy with zillow due to underestimating home values. I personally like the graphs and extensive information although like any information on the internet, you have to take it with a grain of salt. I believe zillow actually bases the value off the terabytes of data they've collected. It would be hard to match given the amount of data they have at their disposal.

**tarheit** · 05-10-2007, 05:39 AM

All the pretty graphs may look pretty, but all that gigabytes of incorrect, incomplete and out of date data can't begin to match the data available a local agent, not to mention the experience. Just had another client yesterday with the zillow problem. Zillow based their value off old tax information (about 40% low to begin with in our area), and incorrect information (2 bed, 1 bath instead of 4 bed 2 bath). Now we are talking 60+% low. Is an estimate that far off worth anything at all? I can be more accurate than that 100% of the time without using any data.

Of course I'm sure it's better in some areas than others. But how is the general public to know?

-Tim