Are you planning to list your home or property now or in the near future? Most sellers don’t know where to begin. How do you know what price to list your home or property? A common website used to gather home value estimates is Zillow.com. Zillow offers something called a Zestimate (Zillow’s estimated market value for homes nationwide.) What you may NOT know… IMPORTANT INFORMATION HERE… Zillow’s “estimates” are NOT always accurate! According to Zillow.com, “The Zestimate® is a starting point in determining a home’s value and is not an official appraisal.”
Too often sellers hold onto the number offered through this site as a “Set in stone” value of their home or property but, according to Teke Wiggin, a Technology Reporter for Inman.com, even the CEO of Zillow sold his home for far less than the Zestimate. “On February 29, Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.” (To read the entire article, click the link https://www.inman.com/2016/05/18/zillow-ceo-spencer-rascoff-sold-home-for-much-less-than-zestimate/)
The only sure way to get an accurate appraisal is to go through an appraisal company. And the only way to confidently market your home in any given area is to compare and analyze the current market.
At Barnes and Phillips Real Estate we compile a Comparative Market Analysis (CMA) to ensure the best “selling price” for you. Giving you the competence needed to list your property. So, if you’re interested in listing your home with confidence, contact one of our Realtors to SELL your home! 941-743-4200