I have checked the Z value on my property. It's laughable. Way over valued. I have no interest in selling but if they would buy it from me for that value, I would sell. 

Most definitely!  It is good to know what the uninformed masses are going to see.  I hear enough "oh but zillow says it's only worth X" that it's good to know ahead of time.  It won't influence anything.  Right now I have a listing that's about 100k off of the zestimate, because the prior sale that it's basing the price on was a bank foreclosure sale.  So yes, I'm ready to have those discussions, should they come up.

Sure. It's good to know what the Zestimate is on a prospective listing so one can be prepared to handle the objection/consideration about it. Especially if it's way too high.

Peter,

Good idea to check, then you know where those silly numbers are coming from. A

Should check to see what the client is seeing and be ready do defend why your numbers are more accurate.

Yes of course. They cannot help but be curious but correct .... that is the point. I had one seller tell me 20K more than what other houses sold for because of Z. I told her that I didn't care what it said, that it had never even been in a house in the neighborhood.

In the grand scheme of things I think agents worry about it too much.

I always check so I am prepared - you know sellers are looking, and buyers, too. Redfin, too.

eh, I look, but I give it zero credibility.  It's wrong 90% of the time by more than 25% in my market.

Yes, I do and for the reason you have stated

Would be a waste of my time.

I do not.  If someone mentions it I educate them on the truth about Z - estimates. 

Wellp. Zillow no longer says I have a pool. (I've never had a pool)
HOWEVER they show my 3/2/2 as a 2/2/2.

And it's undervalued by about 20%. Figures since they think it's a 2.
Dumbasses.

Only when getting ready to go on a listing appointment to see just how far off their estimate is. But I also check the AVM's from others besides Zillow.

Can't remember a time when being less informed was an advantage. I'm not saying they're accurate, only that knowing AVM estimates have come in handy many times since their inception.

I always check before a Listing Appointment because the Sellers have done so and Buyers will too

I want to know the number that is in the consumers brain. Consumers ARE turning to the recognized 'Voice of Real Estate' for information. To not know what Zdevil is feeding them is to be the ostrich.

Aside from monthly eMail. I can not disagree they are far off.

I do not, there value is meaningless to me. One less click from me to claim they are the most visited site.

Often information provides context. 

I don't 

No, I did not check. 

Yes, it's good to check exactly because the customers are looking at it; need to know how to refute it.

I think they do, just to be aware of the number in case it's mentioned at a listing presentation.... they just signed up two more.... they have their listing presentation down to a science.

Always - we are going to face someone, whether is be the seller or a buyer (or multiple buyers) who attempt to use that number against us. We need to be prepared to respond to their pseudo value.

absolutely check z for values....All sources are relevant

Sure I check...because the consumers are there. I want to "know" what the consumers "know". 

Always have a conversation with clients about the real estate sites they frequent and how they view that informatio.  Typically have multiple AVM's ready for a listing appointments to review if needed during the presentation.

Yes, checked it once and said I would sell at that price if a sucker surfaced!

The Z-estimate continues to be erroneous, so it seems the folks desiring good, usable information allow us to provide them with valuations

It might be good to know wjhat the enemy is thinking but I don't give them the clicks

Yes

It is very rare that I compare Z to my market analysis.  When I have they are almost always off the mark.  When the conversation gets brought up by the seller I am quick to share my opinion and use my thorough market analysius to prove my professional opinion again the Z!

Yes I do, because my buyers and sellers do too.

Have tro explain to clients how the z company does not know condition of their home.

NEVER Peter Mohylsky, SoWal Is HOME. I often forget they exist but then I get reminded here on AR.

I do check Z out of curiosity. I check other on-line estimates, also. There is often a substantial spread among their guesses.

Sometimes I do as an afterthought on my way to a listing appointment.. I figure I need to know what my sellers are looking at.

Sadly, that number is what buyers look at, as well as sellers.  The number is usually way off.  Just another obstacle to overcome.

I have but, not on a regular basis. Most of the time it is irrelevant. However, there are times it is good to know what people are looking at so you're prepared to reply to comments when it is different that your listing.

Yes. Most buyers and sellers look for the Z estimates and we need to be able to let them know if the number is off. I've definitely checked.