Ever wondered why Zillow's estimates might not always deliver the whole picture when pricing a property for sale?
We're taking a deep dive into this question in our latest Real Estate Scripts Podcast. We’re unveiling the secret behind Zillow's algorithms, revealing how they might overlook unique features of a property, and why local expertise can make all the difference in setting a competitive listing price. We role play a conversation to demonstrate how to build trust and educate buyers about the limitations of these estimates.
Imagine having an online tool for home valuation and treating it like the holy grail. Sounds great, right? But wait, there's a catch! Relying solely on Zillow's estimates could be a strategy full of pitfalls. In our discussion, we’ll deconstruct Zillow's algorithm and the importance of a Comparative Market Analysis (CMA) in accurately assessing the value of a home. Let us guide you through the process and show you why local knowledge is essential in maximizing profit when selling a property.
Have you ever questioned the accuracy of Zillow's Zestimate and other online valuation tools? We're here to tell you that you're not alone. Algorithms can sometimes produce inaccurate estimates and it's crucial to verify this data with reliable resources. Together, we'll explore the necessity of local expertise in property sales and how it can contribute to a successful and profitable sale. So tune in, and let's debunk some common seller objections while setting a competitive listing price for your property.
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This content is for educational purposes only and does not guarantee specific outcomes. Always follow all federal and state Do Not Call rules. Check the Do Not Call Registry and your local guidelines before making outreach calls. We also recommend seeking guidance from your broker and advisors.
Presented by Darren Tunstall, licensed real estate agent (DRE #01853445). This podcast is produced independently of any real estate brokerage. The goal is to provide you with what we believe are valuable insights, practical tools, and actionable information to help you grow your practice.
Results may vary.
Music by Coma-Media from Pi...
