By: Suebrett Tonic
Not putting faith in an online automated value seems pretty obvious, but the influx of "zestimates" being utilized by consumers as a value for a property has become truly alarming. What's worse, is that you can get more accurate information by spending a few minutes chatting with your local real estate professional...for FREE!
Your zestimate is most likely wrong...by thousands of dollars!
Did you know that statistically your zestimate is likely off by approximately $14,000 one way or another? Plus, this amount varies greatly from market to market. If you're thinking of trying your hand at selling your home yourself - For Sale By Owner or FSBO - and relying on an automated value this is costing your bottomline by a lot!
When spitting out your home's potential value, Zillow didn't actually visit your property or take into consideration the following factors:
- Square Footage
- Upgrades To Your Home
- Location Within Your Neighborhood
- Distressed Sales
- Market Conditions
When it comes to finding out the value of your home taking the time to consult with a local real estate expert serves you the consumer in the best way possible - with an educated evaluation of how your home will perform on the open market. When a seasoned real estate agent takes the time to see your home and prepare market data you can get a true value and better evaluate your options.
Truthfully, our site also offers an automated value, too. If you're simply wondering what a basic value of your home may be, feel free to use our automated value system by clicking here. You will have the opportunity to let us know if you would like to have a more detailed analysis when requesting your automatic home value, as well. We can contact you to set-up a time to see your property and discuss your options. This is simply a good place to get the conversation started.
Here's a few other things to think about when you're planning on selling your home...click here.
The John & Tonic Group with Keller Williams Realty Southwest serves the Las Vegas, Henderson and North Las Vegas areas. They consistently sell their listings for 104.9% of the market value often raising the bar above passing recent sales! If you are considering selling your home and want to know what your home may be worth, contact (702) 400-3881 to set a time for one of our experts to view your home and prepare a detailed market analysis of what your home could sell for in today's competitive market.