August 4, 2014 – Newsletter

August 4, 2014

Phenomenal 3 bedroom, 2 bath, split level in the ideally   located Franklin Park Subdivision. This home offers   gleaming hardwood floors, wood fireplace, update kitchen  that opens to dining room, updated bathroom with   separate vanities, spacious deck, all on a corner lot. Near   shops, restaurants, metro and public transportation. Don’t   miss this one!

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How does the Zestimate on Zillow work? My agent has suggested that I list my property lower than the Zestimate which doesn’t make sense to me.
I am glad you asked this question. Many sellers believe the Zestimate is the end all be all when it comes to pricing a home. However, there are a lot of inaccuracies, which make the Zestimate a good place to start, but not an accurate figure for what your home is actually worth.

Per Zillow, “The Zestimate® home value is Zillow’s estimated market value for an individual home and is calculated for about 100 million homes nationwide. It is a starting point in determining a home’s value and is not an official appraisal.” Read more…

A BIG congratulations to Lindsay Moore and the Stallone Family on their July settlements! Special thanks to Jason Nader at Bay Capital Mortgage Corporation and Michaels Title & Escrow for helping our clients!