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Day: May 24, 2019

Selling Your Home

Is my Zestimate accurate?

O man. Zillow’s Zestimate and other Automated Valuation Models (AVM) lead to some challenging conversations with homeowners in Oakland, Berkeley, and much of the East Bay. The conversation usually goes like this: Me: “After looking at comparable sales in the area, your property’s condition, and other market factors, I believe your home will sell for roughly $800,000 if properly priced, prepared, and marketed.” Homeowner: “Zillow says my home is worth $850,000. ”. Me: “I can respect that. I’ve looked beyond what an automated valuation can provide to get you a realistic valuation.’ Homeowner: “Realtor.com says $847,000, Redfin says $925,000. Are

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