Profile picture for user6279944

Why does your listing show many homes selling for $500.00?

These are homes worth $100,000-$200,000.
  • February 06 2014 - Burnsville
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Answers (3)

If you are looking at active listings of homes currently for sale, the homes are likely to be auction properties.  The auction advertises a minimum bid, not an actual acceptable price.  Check with a Realtor to find out information about a specific property.
  • February 06 2014
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Profile picture for wetdawgs
Sometimes when people refinance or have family transfers, there are place holder numbers for "nominal consideration" occasionally shown as a recent sale.  While in most areas it is $1,    These are not true sales.

If you don't understand the other response, don't worry, I don't either!



  • February 06 2014
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Profile picture for John Reeves1
It depends on the Zestimate that these realtors gave your property. Better to ask them about it.
  • February 06 2014
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