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The truth has finally come out. What truth? The truth about Zillow!
Unfortunately, in the past, most people who got their home valuations from Zillow took them as absolute fact, which creates a problem with buyers and sellers because often times these values are significantly off.
The CEO of Zillow was recently interviewed on CBS, and when asked about the accuracy of Zillow’s home valuations, he stated, “It’s a good starting point. The error of margin for Zillow is on average 8%.”
We don’t know about you, but that’s a lot of money in this market when being overpriced by even 5% will stop your home from selling. Often times when people are looking to buy or sell, they are taking those inaccurate Zillow values, when what they really need is a professional to guide them.
We are in a typical spring market right now where homes are coming on the market and selling. However, in this market, you need to be priced right to drive the price up on your home and make sure you get the most money possible. So, if there’s anything we can do to help you purchase or sell a home, give us a call or send us an email, and we would be glad to help!