With such low turnover the Zillow estimate is likely to be way off.

Apr 30, 2024
11:59:19am

scottpete All-American

The comps it is pulling on my house have the zestimate about 10-12% low. Two recent listings in my neighborhood with similar builds are listed/sold for $75-100k higher.

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scottpete

Bio page: scottpete
Joined: Mar 10, 2009
Last login: May 21, 2024
Total posts: 4,077 (218 FO)

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Messages

Author

Time

POLL: Which would you do when selling your home?

Pepe

Apr 30, 11:13am

Sell without listing and do FSBO. No need to get realtors involved.

fldnstrm

Apr 30, 11:15am

+1. You can hire a title company to do it all for far less. Heck, even lawyers

ebv

Apr 30, 11:18am

How do you hire a title co to do it all? Is it something included or extra?

homegrown

Apr 30, 1:12pm

We just contacted our local title company and they had a FSBO contract and instructions. They obviously make money

fldnstrm

Apr 30, 2:11pm

This. Any good title company will know exactly what to do and handle everything

ebv

Apr 30, 3:33pm

Sounds like you have used the wrong realtors in the past. In my experience I

andrewg3

Apr 30, 11:20am

No, you misunderstood. I was saying if the neighbor offered and you were going to sell it to them without listing there

fldnstrm

Apr 30, 11:23am

Sure, if you had already made the decision to sell to that neighbor. Then sure.

andrewg3

Apr 30, 11:24am

I updated my initial post to make that clarification.

fldnstrm

Apr 30, 11:27am

Not sure if I'd want to lose out on that extra $200K.

Ragnar Danneskjold

Apr 30, 11:15am

That a rounding error for some of us.

Pepe

Apr 30, 11:16am

What's $200k among neighbors?

RobAdams

Apr 30, 11:19am

Is this in Utah? For sure list on the market. In Utah right now, there is no

andrewg3

Apr 30, 11:19am

Why the thumbs down here? What did I say that you disagree with?

andrewg3

Apr 30, 11:26am

he is the neighbor.

BYUBuckeyeGoCougs

Apr 30, 11:50am

You appear to be defensive of realtors. CB hates realtors for obvious reasons.

KayakCoug

Apr 30, 12:02pm

A realtors job isn't to figure out what the highest price a house can sell for.

andrewg3

Apr 30, 2:54pm

It would depend on the current market. Most have cooled off, but yours might

Corn Pop

Apr 30, 11:22am

Don't trust Zillow, but look at other listings and if their offer is right there

Plato

Apr 30, 11:24am

Apparently CB is a risk-averse group. Nothing ventured, nothing gained, people.

andrewg3

Apr 30, 11:28am

It’s more a question of convenience. Keeping a house ready to show for a few

Pepe

Apr 30, 11:34am

We listed and sold our house when we had a two-week-old baby and two other kids

Tricky

Apr 30, 12:02pm

But is it worth tens of thousands of dollars?

Medute

Apr 30, 1:46pm

I would run comps in your area and look to see what sale prices have been. If

oryguncoug

Apr 30, 11:37am

With such low turnover the Zillow estimate is likely to be way off.

scottpete

Apr 30, 11:59am

I love transparency. Here is what I would do.

Medute

Apr 30, 12:13pm

Meant “easy” not busy when describing FSBO

Medute

Apr 30, 1:34pm

If you’re in Utah and your home’s worth $1million+ I’d probably sell to neighbor

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