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Answers (8)
Go and find a trusted real estate agent in your area. Have them come see your home and write out a CMA. It's a lot more accurate than a zestimate.
- Yousef Abughazaleh, "Mr.shortsales"
- Contributions:242
Do not use Zillow's estimates.. Get a couple of CMA's from REALTORS and concider using one would be my suggestion. You could get more money using one, if it were 2006 then that would be another story, just my opinion. Good luck
- SoCal_Engr
- Contributions:5666
First, please note that I am neither agent nor lender.
Second, do not use the Zestimate as anything other than a rough estimate that is fun to use, but should never be taken too seriously.
Third, get CMAs from a few local realtors. Compare them and use your BS detector to identify anything in the CMA that doesn't sit right.
Last, you didn't say if you are going to use a listing agent or go FSBO. Either way, remember that you want an ASAP sale and price accordingly. The longer a house sits on the market, the more likely it is to sit longer.
If you underprice just a bit, worst case is you sell for a bit less than you might have gotten had you stayed on the market longer. The best case is that you generate a multiple offer situation (is this a realistic possibility in Pueblo West?) and actually sell for over your asking, but closer to actual market.
Second, do not use the Zestimate as anything other than a rough estimate that is fun to use, but should never be taken too seriously.
Third, get CMAs from a few local realtors. Compare them and use your BS detector to identify anything in the CMA that doesn't sit right.
Last, you didn't say if you are going to use a listing agent or go FSBO. Either way, remember that you want an ASAP sale and price accordingly. The longer a house sits on the market, the more likely it is to sit longer.
If you underprice just a bit, worst case is you sell for a bit less than you might have gotten had you stayed on the market longer. The best case is that you generate a multiple offer situation (is this a realistic possibility in Pueblo West?) and actually sell for over your asking, but closer to actual market.
- Luis Fernandez, "lucho975"
- Contributions:204
get a proffesional opinion. Zillow is not accurate
- Kent Shelman, "Kent Shelman REMAX"
- Contributions:69
Talking with a good local agent who has experience in the area is the best advice. To sell the home quickly you will need to be agressive in the pricing but aalso as agents how they will maximize your exposure, i.e. do they market homes with more than just MLS entries and posting a sign in the yard. They should be putting it in both the Pueblo MLS and Pikes Peak MLS, doing newspaper ads, open house, advanced internet techniques and reverse prospecting just to name a few.
- Nancy Lee, "An OrderLee Home"
- Contributions:1195
Definitely talk to one or more local agents. Try to find someone who has recently sold a house in your neighborhood - in theory, they will understand your area's housing market best. On my website, in the science and art of staging, I offer lots of advice about preparing a house for sale. Feel free to explore there.
Hi,
You don't need to pay for a professional appraisal. You can ask any good local real estate agent to give you the price of comparable properties sold over the last 6 months. Real Estate agents will usually do this for free. Then, based on the condition of your property, you can establish the price. If you need to sell your home quickly, you may need to price your home on the lower end, that will depend on the market conditions in your area. Unfortunately, zillow.com isn't able to account for condition, views, upgrades, etc. zillow.com gets its information from public websites that may have incorrect or outdated information.
You don't need to pay for a professional appraisal. You can ask any good local real estate agent to give you the price of comparable properties sold over the last 6 months. Real Estate agents will usually do this for free. Then, based on the condition of your property, you can establish the price. If you need to sell your home quickly, you may need to price your home on the lower end, that will depend on the market conditions in your area. Unfortunately, zillow.com isn't able to account for condition, views, upgrades, etc. zillow.com gets its information from public websites that may have incorrect or outdated information.
- Richard Schulman, "RichardSchulman"
- Contributions:2108
You should speak with a local real estate agent who is very familiar with your area, and who can run comps for similar properties in the area that have sold recently. The comps will determine the "market value" of your home and will help you decide where is best to price the home. An experienced agent can help you figure out the best point for pricing in order to get the most attention from buyers while still ultimately getting you the highest price possible.
While the zillow estimate can be helpful, often times it's not necessarily indicative of the market value. Zillow doesn't necessarily know things about the condition of your home, upgrades you have done etc.
If you need a referral for an excellent local agent, please contact me and let me know.
Good luck,
Richard Schulman
Keller Williams Realty
While the zillow estimate can be helpful, often times it's not necessarily indicative of the market value. Zillow doesn't necessarily know things about the condition of your home, upgrades you have done etc.
If you need a referral for an excellent local agent, please contact me and let me know.
Good luck,
Richard Schulman
Keller Williams Realty
I want to sell ASAP and need to know how to set the asking price. Zillow est. vs. prof est?
The zillow estimate is a range of low-high so should I set the asking price high so that I have room for negotiating with buyer or just obtain a professional appraisal?
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