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Kyle Ball, ABR, e-Pro's Advice

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  • 12 Contributions
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  • 1 Helpful

Kyle Ball, ABR, e-Pro wrote:

Our home is showing to be $50,000 higher in value than last month. How is that possible?

Answer
Feel free to contact me for a accurate market analysis on your home.  Zillow's zestimate is only a general idea based on computer generated comps and is often very innacurate. There may have been some comps that sold that caused prices to appear to jump.  Kyle BallMal & Seitz Real Estate
October 18 2010
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TO OBTAIN AN ESTIMATE IT SAYS TO ENTER YOUR ADDRESS AND PRESS GO...WHER DO I ENTER MY ADDRESS?

Answer
You do not need to put in your email.  Just enter your full address on the home page and it will go right to the home info and zestimate.  I would also recommend contacting a real estate agent for a more accurate local market analysis on your home.  Zillow Zestimates have a +or- 8% accuracy in Multnomah County.Kyle BallMal & Seitz Real Estate
October 18 2010
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Why would I want to receive your email when your estimates are so far off?

Response
Zillow represents a +or- 8% innaccuracy in the Portland/Metro area of Oregon so I always factor that in when looking at any Zestimate.  Of course some are way more or less than 8% but it is good to know that Zillow admits this margin of error.
October 11 2010
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Oregon/Portland Metro prices!?

Response
It is interesting to look at the market one year after this questions was raised.  I think it is the first choice you have.  Oregon tends to lag about a year+ behind the national decline and I think that is what is happening in the Portland/Metro now.  While I would say the market is still fairly strong compared to many we have been hit pretty hard this last year.
October 11 2010
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CAN I FIND OUT IF A HOME IS ABOUT TO BE FORECLOSED SOON OR IF IT'S ABOUT TO ON THE MARKET SOON

Answer
You can access the public defalut informaiton in almost every state.  As far as if it is coming on the market there is not much you can do about that. 
September 27 2010
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Provident refinance?

Answer
I also have Provident on my personal residence and they have great pricing.  Once you get in contact with a GA broker they should be able to help you determine what advantages their might be to sticking with Provident.
September 27 2010
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My appraisal when I refinanced is significantly higher than the zillow estimate

Answer
That is a good problem to have!  You can see what the % of accuracy Zillow has in your area.  They publish the % for most metro areas.  It is a 8% + or - in my area of Portland oregon.
September 27 2010
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I heard it might be possible to reduce my property taxes and wanted to know how to go about doing it

Answer
I have been helping many of my clients get their taxes reduced because they are buying the home for so much below wthe assessed value.  I have seen more luck in Clackamas and Washington County but it is possible in Multonmah as well.  The main thing is having some solid market data to be able to prove why your home is assessed higher than it should be.  Sometimes that panel will not even ask you for any info and will just reduce it % but sometimes you have to present your case.  You can also bring a Realtor with to add some credibility. 
September 27 2010
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Is there a code of ethics for condo association board behavior?

Answer
I have been invloved with several HOA boards and I have yet to see any type of a code of ethics.  I think it is probably not a bad idea. 
September 27 2010
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CAN YOU MAKE MONEY COMPLETING BPO'S? (Part 1)

Answer
I forgot to mention... for anyone who is wondering I average between $1500-$2500/month doing BPO's.  WIth that said I do have a assistant who does some data input for me.  If I did not have that I would not be able to handle this volume myself on top of my real estate business.
September 27 2010
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