patrick.net

toothfairy says

maybe you guys aren’t charging enough in rent. Like I said my last two tenants were paying $600 more than the Zrentestimate.

But this is sort of an upscale area with not much rental inventory so people pay what they can afford.

It’s still cheaper than buying.

That's like saying we are not paying enough for houses, because the Zestimate says it's work thousands more.

permanent_marker says

Amen to that… I am waiting for the Droid app too!

I am seeing the future.. Social Network = Borg Collective.

Zillow doesn't even show my place as a rental.

I've tried to figure out Zillow something like ten times and every time I launch the app or load the URL, I just end up confused. Either their data does not represent what's happening, or I'm lacking a lot of information to understand how they calculate/find their figures.

And some landlords charge lower rent to keep in good tenants or to attract a large enough pool of applicants to make it easier to find a good one.

I just checked out the rental next door, and they have a zestimate of 3,700 when the rent is $3k.