Just a quick reminder of the constant grift in real estate.
Before the listing was entered onto the MLS:
After the MLS listing was inputted – at least they didn’t recreate the history graph…..yet:
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Before the listing hit the MLS:
After MLS input:
Why does it matter? Because too many people – both buyers and sellers – are relying too much on these to be their accurate value estimators. People are moving too fast, they don’t want to spend much if any time investigating, and it’s too hard to get good help. Everyone just wants to grab and go!
The second set says they are based on recent home sales? How can it fluctuate 20% in one day? These revised real estate values aren’t a result of an algorithm; they are purely derived from the list price.
You are being manipulated by the Corporate Warlords – watch yourself!
Zillow is garbage we all know it.
Still, I bet your house sells for between 1.1 and 1.2 though.
What slimeballs. Should’ve figured.
The value of a house is what a willing buyer will pay. No one else knows it.
The profession of real estate agent will slowly disappear as it brings no value to the transactional parties they represent. It has been my experience that a real estate agent will push you to sell for less if you are a seller and to pay more if you are a buyer. The RE profession has nothing to do with value, other than the value of commission they wont get if the transaction doesn’t close.
It has been my experience….
You should have educated yourself on the value of a great realtor before just grabbing one.