Realtor, com is arguably the most accurate real estate listing platform today. It is affiliated with more than 580 regularly updated MLS databases in the U.S. It also operates in more regions than Zillow and Redfin simply because it has been around longer, that is, since 1996. Wait a moment and try again. The cost of Zillow Premier Agent leads will depend on the average price of homes in your location and the amount of competition from other agents.
For example, you'll have to pay more if your market is New York City, where there is more competition from other agents and houses have a higher value. On the other hand, you'll pay less than if your market is a small town in Indiana. To see if Zillow leads are worth your time, you'll need to consider your location, competition, and budget. In addition, it's up to you to rate all potential customers who contact you.
Zillow recommends paying at least 5000 impressions per month to get the best results from your investment. Realtors can see if sales of other homes included concessions to the buyer, which could result in a different sale price than you could get for your property. Write some numbers on pieces of paper, mix them in a bag, mix them up and throw them in a blender, whatever comes out is more accurate than the zillow. Above all, remember that your real estate agent should be there to help you in the process of buying your home, not just to show you the listings.
Redfin's home value estimator, Redfin Estimate, is slightly more accurate than Zillow's Zestimate for off-market homes and slightly less accurate for currently listed homes. Your real estate agent will use homes that are much more comparable to yours and, therefore, will give you a more accurate estimate of the value of the home than an algorithm could obtain. Zillow iBuying Service Zillow offers can give home sellers a quick offer on their home, in as little as 48 hours. Neither site is perfectly accurate for housing estimates, but Zillow is generally considered to be the market leader in housing estimation services.
However, in some home value estimation cases (especially in older neighborhoods), Zillow's estimate won't come close at all. For example, if you live in a state of confidentiality where real estate transactions are not publicly reported, Zillow may not have access to enough information about your home to make a Zestimate. That's why it's important to partner with an experienced real estate agent when you're ready to sell your home. In addition, real estate agents are local experts who know your neighborhood better than an algorithm, so they know the nuances of what buyers are looking for.
For example, Zillow Zestimates has its largest margin of error for active listings in Seattle and San Francisco, two of the country's most popular housing markets.