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Former Zillow CEO lists home for nearly $8M above Zestimate

Tuesday, March 10, 2020   /   by Kevin Schumacher

Former Zillow CEO lists home for nearly $8M above Zestimate

Former Zillow CEO and co-founder, Spencer Rascoff listed his home earlier this month for a whopping $8M above what the Zillow Zestimate assessed for his home. You might be thinking this is a surprise, but for an agent we know this doesn't seem off one bit. The company's automated valuation system gives you only an estimate of what your home could actually be worth.

They take together the facts that they can pull on the home - 2 bedroom, 2 bath, 2 car garage and spit out a simple generated number for your home. They don't take into consideration the finishes to your home, upgrades that you have made and a wide range of other factors that help to truly assess what you could sell your home for in today's market conditions. 

If you are truly looking to assess the value of your home for sale, you truly need to rely on a real estate agent that you trust to be sure you understand the real value of your home.

Our team is always here to help you understand the market and where you stand in your equity position. There is never any obligation when we give you a home value estimate. We simply want to give you all the information you need to know where you are at to make decisions best for you! 

If there is anything we can help you with give our team a call at (720) 230-3030 or Kevin@KevinSellsCO.com

  sellers

The Kevin Schumacher Team @ eXp Realty
2580 East Harmony Rd. Suite 201
Fort Collins, CO 80528
720-230-3030

Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2020 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or eXp Realty LLC. *Not intended to solicit buyers under buyers agency, not intended to solicit listings currently listed.*The statements and opinions contained in this advertisement are solely those of the individual author and do not necessarily reflect the positions or opinions of eXp Realty, LLC, or its subsidiaries or affiliates (the “Company”). The Company does not assume any responsibility for, nor does it warrant the accuracy, completeness or quality of the information provided.
Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated March 15, 2025 6 PM. Information deemed reliable but not guaranteed by the MLS or Kevin Schumacher - The Kevin Schumacher Team / EXP Realty, LLC.
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