I expect commission rates are regional. You will find all brokers will tell you ZILLOW prices are no good. They of course have a vested interest in securing their position.
I suggest, as we did that you compare the zillow estimate to the actual sale price. You need to do this quickly after a home is sold before Zillow updates their price.
We had TIME to plan. My statement is about four years old but based on my research the actual sale prices were never more than 5% above or below the Zillow price. The broker tries to control the situation-YOU CAN'T BLAME THEM.
Zillow "zestimates" are notoriously inaccurate. Why? Because they use a computer algorithm that goes only by square footage and nearby sales prices. They do not take into account things like view and privacy of the lot, expensive upgrades to the home etc etc. They do not visit the home in person. For instance, Zillow will zestimate two similar homes side by side, one sold for X this year and is a plane jane, original TV build with laminate counters, cheap developer tile and fixtures, carpet, wallpaper, ugly drapes and cheap blinds. The home next door has undergone an 80k remodel with new floors, granite counters, maple cabinets, plantation shutters etc etc. The "zestimate' will be the same for both homes if the remodeled home has not sold since remodeling. Realtors and Certified Property Appraisors actually visit the home and will take into account things like view and upgrades.
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