Comment by Eawrig05
15 hours ago
Realtors pull a similar trick: instead of dropping the price on Zillow (which flags it), they delist and relist at a lower price. Zillow treats it like a new listing, so the price history looks clean. Totally skews market transparency.
I follow our local market very closely because we're considering moving and have never seen this. I've even seen houses delisted and relisted, and the full pricing history remains on Zillow. Can you share an example?
Zillow probably has an incentive to not fix this “bug”, because they could easily track prices based on the address.