FAQ #7 - Why Can't I Offer the price I see on Zillow?

FAQ: Why can't I offer the price I see on Zillow?

Zillow is a site that can be a lot of fun, but the price "Zestimates" are simply estimates, based on public records NOT on first-hand knowledge. Their algorithms can't factor in neighborhood conditions, amount of interior upgrading/remodeling (or not!) and a host of other factors, especially how competitive and fast-moving the real estate market might be in a specific area. If you want to buy a home, you need the advice of a real estate agent knowledgeable in the area or you're likely to be left in the cold. Take a look at some of these examples, and then you decide:

2812 Monterey, San Mateo CASales Price: $1,000,000
1925 Belmont AvenueSales Price: $1,207,000
122 HillcrestSales Price: $  825,000
368 Lakeview WaySales Price: $1,177,400
97 Hilltop DriveSales Price: $1,162,800

--- Come for a visit; Stay for a lifetime!

Lottie Kendall, Realtor®

Today | Sotheby's International Realty

San Carlos, California, 94070

CA BRE#01215160; 650-465-4547

Lottie@LottieKendall.com;

www.LottieKendall.com

www.SFCondosForMe.com

 

 

Comment balloon 38 commentsLottie Kendall • May 30 2012 09:23AM
FAQ #7 - Why Can't I Offer the price I see on Zillow?
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FAQ: Why can't I offer the price I see on Zillow? Zillow is a site that can be a lot of fun, but the price "Zestimates" are simply estimates, based on public records NOT on first-hand knowledge. Their algorithms can't factor in… more
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