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Answers (5)
- shalu Thaman, "Shalu Thaman"
- Contributions:30
Hi Vijay,
There is a list price to sale price margin on listed properties that could vary based on different factors......location, condition, motivation, community etc.
While it would appear to be data that can de calculated, it is not that simple.
Subtle indicators create shifts so emperical information becomes redundant and it is only with the assistance of a Local Realtor - a Specialist in that niche area and/or community ---familiar with even the differences between the different models of the homes in question - can provide.
I am referring to data that is in real time.
Zillow and sites like trulia receive information from sources that are not guaranteed for providing accurate data.
Hope this helps understand the factors.
If you were planning moving back to the Central NJ areas or Greater Princeton, please feel free to contact with questions.
This is my niche area in working with buyers , sellers and tenants for the last 10 years.
shaluthaman@gmail.com
There is a list price to sale price margin on listed properties that could vary based on different factors......location, condition, motivation, community etc.
While it would appear to be data that can de calculated, it is not that simple.
Subtle indicators create shifts so emperical information becomes redundant and it is only with the assistance of a Local Realtor - a Specialist in that niche area and/or community ---familiar with even the differences between the different models of the homes in question - can provide.
I am referring to data that is in real time.
Zillow and sites like trulia receive information from sources that are not guaranteed for providing accurate data.
Hope this helps understand the factors.
If you were planning moving back to the Central NJ areas or Greater Princeton, please feel free to contact with questions.
This is my niche area in working with buyers , sellers and tenants for the last 10 years.
shaluthaman@gmail.com
- Sharon Lewis, "Sharon Lewis"
- Contributions:3923
Hello Vijay,I understand your market in India is a good one!.
I am in the Raleigh area of North Carolina so we have a lot of people going back and forth between here and India. In this area, if a home is priced right to begin with, we are seeing about 3% difference between the ask and the sale price. It really depends on each home though.
This is a good market, unlike many in the United States. I heard an economist say this past week, they feel this market will be among the first to recover and they are 'cautiously optimistic' about the U.S for this year. I can send you his remarks if you would give me permission to email you. Feel free to email me directly by clicking on my name. And let me know if there is anything I can answer for you.
I am in the Raleigh area of North Carolina so we have a lot of people going back and forth between here and India. In this area, if a home is priced right to begin with, we are seeing about 3% difference between the ask and the sale price. It really depends on each home though.
This is a good market, unlike many in the United States. I heard an economist say this past week, they feel this market will be among the first to recover and they are 'cautiously optimistic' about the U.S for this year. I can send you his remarks if you would give me permission to email you. Feel free to email me directly by clicking on my name. And let me know if there is anything I can answer for you.
- VijayBach
- Contributions:2
Dear Sharon,
I am from India and I might be shifting to the US with my family (Dont know exactly when ). I went thru the rates that are offered on Zillow and they looked attractive. What % could be the difference between the quoted and the market rates???
Thanks.
Vijay
I am from India and I might be shifting to the US with my family (Dont know exactly when ). I went thru the rates that are offered on Zillow and they looked attractive. What % could be the difference between the quoted and the market rates???
Thanks.
Vijay
- Sharon Lewis, "Sharon Lewis"
- Contributions:3923
When you see a home for sale on Zillow, there is a price that is being asked for. When you see a home for sale on Zillow and you see the purchased price that is supposed to be what it sold for.Zillow gets their information from a third party and its not always accurate, the house you may be talking about may not be recorded on Zillow accurately, I would suggest you either go into public records in Princeton Township or call a local realtor to give you the information you seek.
Best of luck and Happy New Year
Best of luck and Happy New Year
Purchase price !!!
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