David Saks: May 2008

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

My Nutty Kooky Zillow Equation


I posted this to Jeff Dowler's blog earlier and thought that it would be fun to share it with you.

Zillow provides interesting and valuable statistical analysis, however, values have to be checked pretty carefully.

Because of their many subscriptions to the various mls's, and because of the time it takes them to post, there'll be delays in reporting market changes, and there might be a few errors (duh).

Perhaps Zillow should forecast with a variable that they might consider referrig to as 'time till correction' or 'TTC'. whereby Zestimate plus DOM or Days on Market or 'Z' times the actual update based on market statistics or 'Updated Market Statistics', 'UMS' equals the 'TTC' which we would express as :


As an example, the TTC for a listing that Jeff had on a street called Greenhaven which Zillow indicates has at 55 DOM, which has actually been on the market for only 5 days would appear to be something like this: Z (55 DOM) x UMS (-5) =TTC -275 Which means that Zillow should have corrected the data 275 days ago. :-) You wouldn't laugh at me now, would you?

Will sumbodie puhleeeze hep me and check mah cipherin? Pie are not square, pie r round.

David Saks

Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.


Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.





"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


  Real Estate Crimes


Click "HERE" For Today's Question



TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis



America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 2 commentsDavid Saks • May 13 2008 03:01PM
My Nutty Kooky Zillow Equation
I posted this to Jeff Dowler's blog earlier and thought that it would be fun to share it with you. Zillow provides interesting and valuable statistical analysis, however, values have to be… more
Lead : Learn to Be Safe
Was your home built sometime before 1978? Do you have children or grandchildren that are under six years of age, or are there any children under six spending a great deal of time… more
Toys : Danger
We all know that children can be harmed from lead paint in older homes, but did you know that children can also become exposed to dangerous toxins from toys Some… more
Foreclosure Prevention #12 : Contact HUD
If you need to find out more about HUD approved counseling agencies and the services that they can provide visit http://www. hud. gov/offices/hsg/sfh/hcc/hcs. cfm There is also a toll free number that you can call weekdays between 9am and 5pm Eastern… more
Foreclosure Prevention #11 : Some Important Definitions
1. Collections : The process of contacting the homeowner for receiving delinquent amounts that they owe. 2. Delinquincy : Failing to make a timely payment so that it it received on or after the… more
Foreclosure Prevention #10 : Those Stinky Recovery Scams
If you get a call from some creep that says that they can stop your foreclosure immediately if you sign a document appointing them to act on your behalf, you might be signing over the title to your… more
Foreclosure Prevention #9 : Watch Out For Foreclosure Prevention…
When the letters start arriving, watch out There are companies out there that'll capitalize on your misery. These pettifoggers promise you that they'll work it out for you with your lender… more
Foreclosure Prevention #8 : Use Your Available Assets
That Rolex, the second Mercedes, the whole life insurance policy, the yacht, the limoge, the diamonds, the extra oriental rugs, the coin collection, the Hepplewhite, your Rolling Stones record… more
Foreclosure Prevention Tips #7 : Watch Your Money
It is absolutely essential that we watch our spending habits when the mortgage becomes a challenge. It's even more important that we start the process of becoming responsible for paying down the mortgage… more
Foreclosure Avoidance Tip #6 : The Non-Profit Housing Counselor
A great application of resources available to the troubled homeowner is that the United States Department of Housing and Urban Development provides funds for very low cost or free housing… more