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Does the price zillow list for a house, is what you should offer the seller

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January 31 2009 - Mahwah
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Answers (3)

A Zillow Zestimate should be more accurately called A Zuesstimate. With market fluctuations and the nuances of specific markets, it really requires the expertise of a real estate agent to give you a sense of a properties worth. Contact several real estate offices and ask for the agent with expertise in the neighborhood you are interested in buying.

The cost to a buyer is often free as the commission is usually paid by the seller.
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January 31 2009
I am seeing my area sales come in below the zestimates but above the LOW range..
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January 31 2009
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It depends on the area you live. CMA -current marketing analyses will tell you better, then depending on the area substract the % of the "prognosed" decline per month and you will get close number. I hope!  Get CMA  from the broker. My house zillow  LOW range estimation is 1.4 Mil and we could not sell it for 1,150,000. 
Most buyer now make offer way below trying to get covered at least a year of depriciation ahead.

 
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January 31 2009
 
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