Tried to sell my rental property in 2022 with an agent but listed on-line, Zillow's estimate varied almost $100K both upward (you can contest) and downward (think buying firms drive it).
However, Zillow can be free. I would initially try to list on Zillow with FSBO (for sale by owner). I save 6% commission doing so. And if Homes.com is free would also list with them. Not sure why the article implies either or; why not both?
I’ve got my eye on a house to that’s almost across the street.
Zillow automatically emails “comparable” new listings within a 15 mile radius. (Although most seem inflated in price—more than I can spend).
Still, it’s nice to see the housing market showing an increase in “inventory”. My prospective purchase will surely come down in price.
:)
Haven’t sold anything since 2006. Have 5 rentals. So called “tenant protection” legislation is exploding here so most are cutting bait and running.
I use zillow for rental ads bc they have the capability to mask the exact street address. A must for pro squatter areas and ad hijackers (scammers).
Isn’t Redfin the main competitor to Zillow? Why would the article not even mention it?
My spidey-sense says that this article might have been paid for by Homes.com and/or Zillow.
Well, one has annoying commercials that run constantly and the other starts with a Z.
CoStar is the parent company of Homes.com.
From the Wayback Machine:
TheRealDeal.com (2/22/2022): Employee surveillance, humiliation and exodus at CoStar
TheRealDeal.com (3/31/2022): Website digs up more dirt on CoStar CEO
-PJ
âHomes.com makes its money by offering listing agents the opportunity to pay for their properties to be pushed closer to the top of the platform’s search results.â
Thatâs âgood ethicsâ?
Pump and Dump article on Homes.com
Zillow âcomparableâ analytics are really crude - basically price divided by square footage, with no subtleties such as location, upgrades, etc.