Quote:
Originally Posted by retiredguy123
I wouldn't blindly trust anyone regarding the value of a house. The best way to feel comfortable about a sale price is to gather as much information that is available. The county website is supposed to indicate permitted upgrades and often does. [B]And, what a person paid for their house sometimes indicates how much they are willing to sell it for, especially if they haven't owned it very long and are trying to make a huge profit.[/B] Both Zillow and Realtors do comparative market analyses in preparing an estimate. But, the Realtor's primary goal is to sell houses and make a commission, not to do accurate estimates. Very few people are willing to pay an appraiser unless they are forced to by the bank. The published data does not indicate that Zillow estimate are usually high. These are facts.
|
Blindly trusting anyone regarding the price of a house could only be by word of mouth and that would be insane without any back-up information.
The county only tells you that a permit was issued. It doesn't even tell you that the work has been completed nor does it indicate the materials used or the quality of the work.
What a person originally paid for their home has nothing to do with what they might accept as a selling price. You would only be guessing or have wishful thinking.
Have you even seen or received a market analysis done by Zillow? No, I thought not. However, that is what Realtors do. You will get in in writing with all the current facts clearly explained and outlined. The facts given are clearly provable.
Of course a Realtor's goal is to make a commission when they sell a house. Just like any sales job, that's their profession! As far as accurate market analyses, you are incorrect. They don't "fudge" or misrepresent information; their report is based on substantiated facts as mentioned above.