What's Your Home Worth?
Find out today.
Here’s What Happens Next
Enter your address & Info
The most important information we need is your address. We’ll also need the best contact information for us to send the report to.
WE GET TO WORK
With our exclusive access to past sales close to your home, knowledge of the current market, and your home’s unique features, we’ll calculate an estimated home value.
YOUR REPORT IS READY!
We’ll send over your FREE accurate home value report as soon as possible. Even if you’re not planning on selling anytime soon, knowing the value can help you plan for the future.
HOW IS OUR ESTIMATE DIFFERENT THAN A ZESTIMATE OR OTHER ONLINE SERVICE?
We’re humans so our home value reports are all researched thoroughly and made possible by years of experience and local expertise.
Online estimates from Zillow, OpenDoor, Redfin, or any online home evaluator using an algorithm is not a valid replacement for a comparative market analysis from a real estate agent.
“We encourage buyers, sellers, and homeowners to supplement Zillow’s information by doing other research such as getting a comparative market analysis (CMA) from a real estate agent”
HOW DOES ZILLOW CALCULATE MY HOME’S VALUE?
That’s the million dollar question (literally). Zillow actually had a contest awarding $1M to whoever can improve their algorithm. Here’s an exact quote on how they explain their calculations.
“We use proprietary automated valuation models that apply advanced algorithms to analyze our data to identify relationships within a specific geographic area, between this home-related data and actual sales prices.”
SO…HOW DO YOU DETERMINE MY HOME’S VALUE?
There are hundreds of factors that we take into consideration when estimating your home’s value, and no two reports are the same. We first take a look at your address. This allows us to see how much neighboring homes have sold for, the desirability of the neighborhood you live in, unique features of your home and the surrounding geographical area, and many more factors. After we have a good idea of what that looks like, we then go more in-depth with our research, including checking the condition of your home, taking into consideration any updates you’ve made that could make it worth more than your neighbor’s. All of this is done by a human being. None of our home value reports run on an algorithm, and this information isn’t available to us or you at the push of a button.
SHOULDN’T WE OVERPRICE MY HOME AT THE BEGINNING TO CREATE A BIDDING WAR?
If you’re like most people that we meet with, you think that the longer your home stays on the market, the more offers will come in, creating competition around your home, resulting in the highest offer possible.
It’s basically like an auction, right? Wrong. The longer your home stays on the market, the less likely it will sell for asking price (or above).
Why? Well, if you go to an auction, the bidding price is set, and offers go up as time goes on. But your home isn’t a rare piece of art. Amongst a sea of other homes for sale, yours will quickly become stale and buyers will wonder why it hasn’t sold yet.
According to a study by Zillow, homes that were on the market for about two months sold at 5% below asking price, and homes that were on the market for the longest amount of time (eleven months on average) sold at 12% below list price.
Meanwhile, the homes that ended up selling at or above listing price sold right away.
Having an accurate, and more importantly, realistic pricing strategy from the start is how your home will be sold for the most money and quickly. You don’t want to price your home too low and neither do we. But you also don’t want to let it sit on the market for too long.