Redfin vs Zillow Comps - Who's More Accurate and REI Friendly?

Redfin vs Zillow Comps - Who's More Accurate and REI Friendly?

Modiin, Israel · Member since 2017 · 35 posts · 4 votes

Sometimes when running comps against “Sold” properties, I see that one site has more “Sold” properties than the other. I can understand why one would have a listing that the other one doesn’t but why would there be a discrepancy in the “Sold” properties? Zillow just showed me a few sold properties in a certain zip code that Redfin didn’t show. Does one website update faster than the other? Which website would you recommend using to check comps and what are the overall differences between the sites that an investor should know about.

Thanks for your help!

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  • Specialist · Owings Mills, MD · Member since 2017 · 485 posts · 415 votes
    7y

    @Zev Dobuler

    Zillow is an advertising company, NOT a MLS, information tends to to be inaccurate. Their primary business is to sell (buyer and seller) leads to realtors. Redfin is a broker and is not obligated to display listings or sales from other brokers. The most accurate place for comps is Realtor.com

  • Modiin, Israel · Member since 2017 · 35 posts · 4 votes
    7y

    Thanks Brian!

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