If this house is estimated at 135,000 why is the owner selling it for 154k? is that overpriced ?

Profile picture for kit022074
i think that the owner should be notified somehow that he is asking to much for his property. i think he has grossly overprised it and it should be the realtors obligation to inform him of that. am i wrong? thank you
Question refers to 307 Glenwood Cir, Collingdale, PA 19023
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

November 23 2009
 Share
 RSS
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (2)

Profile picture for Eric Thompson

It's the responsibility of the real estate agent to educate the seller on what the value of the home is.  Ultimately, it is the seller who sets the price.  The way to tell if it is overpriced is if it doesn't sell.  Overpriced homes are the homes that sit on the market and stagnate.

  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

November 23 2009
Profile picture for TiffanyBond
If you look at the "range" feature, it is in the ballpark (the top is +/-158k in ZIllow's computer opinion). It may have a top of the line remodel. Also, the zestimate is likely to fluctuate more than the listing price, while being impacted by distressed property sales if that is all there is for comparables.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

November 23 2009
 

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion

E-mail successfully sent!Submission failed!

Related Questions
Profile picture for Chad Mitchell (RE/MAX)
Questiondelete listing
  • Latest answer by Chad Mitchell (RE/MAX)
  • March 12
Profile picture for Dan
QuestionWhich Roof color should I go with?
  • Latest answer by Dan
  • 29 minutes ago
Profile picture for Tug of War
Question11 spam entries on price history
  • Latest answer by Tug of War
  • 5 hours ago
Profile picture for user6595450
QuestionWe are moving to 9011 Lismore Ct. in Weeki Wachee (the Heather)
  • Asked by user6595450
  • 10 hours ago
Profile picture for Pasadenan
QuestionHow do you decide if building an addition or selling the home is the right choice to upgrade?
  • Latest answer by Pasadenan
  • 11 hours ago
Related Articles
GuidePunching Up the Home? Don't Beat Up the Wallet
GuideWhere to get foreclosure help
GuideHow to Keep Remodeling Costs Down
GuideHow to Find a Contractor
GuideHow To Find Out What Is In Your Credit Report
Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy