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The world of real estate has dramatically changed over the past few years. Before the power of the internet, a home searcher would have to contact an agent to run a Comparative Analysis Report in order to determine what a piece of property is worth. Now, due to the increase of real estate sites, somebody can find the estimated value of a home by turning to the internet. The most popular of these sites? Zillow. The majority of home searches out there are using Zillow's Zestimate in order to determine an offer price, and ultimately a value of a specific property. What they don't know is that these Zestimate valuations are usually completely off. In Fact, they are off an average of 5%. If I, as a Realtor, was off pricing a client's home by 5%, then, I'd definitely be out of business. But, don't worry homeowners....there is a way to increase your Zestimate so that it more accurately portrays the actual value of your home!
INCREASING YOUR PROPERTY'S ZESTIMATE
What many homeowners don't know, Zillow is basing their Zestimate off tax records and recent market sales. The majority of the time, these tax records are incorrect. Also, there is no way for Zillow to take any property upgrades and renovations into consideration when it comes to their valuation estimate. So, here's the little trick that I inform my clients of....pay close attention.
In the meantime, fill out this valuation request form, and I will give you a more accurate valuation of your property. That way, you can beat Zillow to the punch!
Emily Benner
Real Estate Expert
PalmerHouse Properties
678-458-2284
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