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Friday, September 16, 2016

The Problem with Zillow and Home Values

Zillow’s Zestimate calculates home value by pulling information from county records. Unfortunately, Zestimates are often inaccurate because they cannot take one major factor into account.

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If you are thinking of selling your home, you have probably heard of Zillow’s Zestimate. The Zestimate is a home valuation based on county records and the price-per-square-foot on sold homes in the area.

The problem is that those Zestimates are not very accurate.

The main issue is that Zillow cannot take the home’s condition into account when determining home value. Zillow doesn’t know about the lot’s square footage, how the home is situated on the lot, and whether you have a view of a mountain or a golf course. Zillow relies on public county data but has no way of knowing what upgrades you have made to the home.

Zillow has no way of knowing about the condition of your property.

The best way to get an accurate home value is to call a local Realtor and have them come out to your house. They will look at the current condition of your home, determine the value of the upgrades, and compare the lot size to your neighbor’s lots.

If you are looking for the most accurate and updated valuation of your home, call a local Realtor, like us, and we’ll do a free comparable market analysis on your property.

If you have any other questions about preparing your home for the market or about real estate in general, give us a call or send us an email. We would be happy to help you!

Thursday, September 1, 2016

We’re Giving Away an iPad to a Lucky Client

Zillow has not only changed our business and brought our relationships with clients into the 21st century, but it has also become the primary resource for people searching for properties to buy. It’s the first step in a lot of people’s home search and the first step people take when finding a Realtor to work with.

It has become an integral part of the real estate market and a primary tool for first-time home buyers. To better represent our team on the site, we have decided to start a contest. From now until September 7th, log on to Zillow to provide a review of us or one of the agents on our team.

Each review gets you in a drawing for a free iPad.

Each person that writes a review will be automatically entered into a drawing to win a free iPad. If you have any questions for us or you’re looking to buy or sell a home, give us a call or send us an email. We look forward to hearing from you, and we look forward to your reviews!