I know people here have their opinions about Zillow's ZEstimate, but I'm curious what the thoughts are on SmartZip. Does it get fairly close in it's estimate?
I'm curious because I have my property listed as an asset through an account that uses smartzip, and it has an estimated value of the property that is slightly conflicting to what my realtor is saying.
My realtor is pushing me to do a price reduction, which I would be fine with, but we are already listed ~$10/sqft less than the competition, and lowering much at all will put me in the red at close, and I really DONT want to bring money to closing to pay off the balance of my mortgage. Lowering to the extent that she wants (a 10K reduction in price) would put me in the red, and would put us way below the price per foot of similar properties, not to mention it is also well below what smartzip (and Zillow) estimate the value of the property to be. Actually, it would put me below the property's assessed value with the tax office.
I do worry. I had a working relationship with my realtor when we still lived in Montana, as our offices frequently did business together. Since I have moved and listed my house with her, she rarely contacts us. In fact, I'm not sure she has initiated a conversation with me in over a month. I usually try to text her once every 3 weeks or so for an update.
Should I worry? Should I reduce price anyways? This is my first time selling a property of my own, and it's not fun at all.
I'm curious because I have my property listed as an asset through an account that uses smartzip, and it has an estimated value of the property that is slightly conflicting to what my realtor is saying.
My realtor is pushing me to do a price reduction, which I would be fine with, but we are already listed ~$10/sqft less than the competition, and lowering much at all will put me in the red at close, and I really DONT want to bring money to closing to pay off the balance of my mortgage. Lowering to the extent that she wants (a 10K reduction in price) would put me in the red, and would put us way below the price per foot of similar properties, not to mention it is also well below what smartzip (and Zillow) estimate the value of the property to be. Actually, it would put me below the property's assessed value with the tax office.
I do worry. I had a working relationship with my realtor when we still lived in Montana, as our offices frequently did business together. Since I have moved and listed my house with her, she rarely contacts us. In fact, I'm not sure she has initiated a conversation with me in over a month. I usually try to text her once every 3 weeks or so for an update.
Should I worry? Should I reduce price anyways? This is my first time selling a property of my own, and it's not fun at all.