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Thursday, September 24, 2015

What’s the Danger in Trusting Your Zestimate?


   
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Today I am going to talk about the difference between online home valuation websites view homes as opposed to how a real estate agent prices the home. I’m sure a lot of you are familiar with sites like Zillow or Trulia and their home valuation services. It can be a useful tool for a general idea of what the market is like, but there is a big difference in how they price your home and how an agent will price your home. 


An online tool, like Zillow’s Zestimate, has no idea what your home looks on the inside. It doesn’t know about any remodels you have done, or what views you have, or other things that could significantly affect your home’s market value. All these sites know are your number of bedrooms, number of bathrooms, your square footage, and its physical location. It doesn’t take into account anything that makes your home unique.


With an agent like myself, our job is to not only look at your home as a physical property, but to determine exactly what the market value of your home is. By being able to look at all the relevant information from your home, including seeing what it looks like from the inside, we can figure out how to maximize the price of your home.


What kinds of things do we do to help increase your home’s value? For starters, we work with a great staging company and have found that staging a home can increase the sale price 6% to 8% over what an unstaged home would sell for. In addition to that, we use a professional photographer to make sure your home looks the best it possibly can when people are browsing online.


These are just a few of the ways we can help you maximize the value of your home. If you would like to get an idea of what we could sell your home for in our current market, just give us a call or send us an email. We look forward to hearing from you!


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