Yelena Drabkin

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Thank you for the feedback Daniel. On the issue of incorrect address, Zilpy is an automated system, if the (incorrect) address you entered points to a correct one, it is challenging for an automated system to detect that. However, the amount of market data pushes the error margin to insignificant. We run address validation for all listings and discard invalid ones. On the second remark, Zilpy Rent Index as displayed in the Widgets, take into account Median rents, hence, wild variations at the lower and upper interval will not affect the index massively. Listing the property for $100 more next week will not affect the Index. As the story goes with the Nordstrom customer service guy who refunded tire chains to a customer when Nordstrom doesn't sell Tire chains and the question what if all customers will do that, it was pointed out that's not the case. The point here is that not all that advertise vacancies overinflate the rates to run at the risk of nobody calling, hence, Zilpy Indexes are very little affected by these variations. Also, zilpy requires a minimum amount of sample data to calculate statistics. You can see for locations where data is sparse that there is no Zilpy Index.

Thank you Joe!