In a previous article, I mentioned the forth coming Specindex.com release featuring use of the Zillow API in our featured real estate self-service classified listings.
Selling new home construction has been relatively easy for new home sales agents the past few years. A potential home buyer would purchase a new home - largely based on what the home builder's sales agent said the house was worth.
The only real obstacle standing in the way of the home builder getting the asking price for the property, would be an occasional maverick appraisal company trying to urk out property values within the new community. In those cases, either the home builder would lower the new home's sales price... or find a more agreeable property appraiser.
Zillow is changing how the real estate game is being played. Like adding instant replay to the NFL, there now exists a "time out" reference point for all parties involved in a real estate transaction to "review the call," before a final purchase determination is made.
While there is a strong argument on the accuracy of the "Zillow Zestimate," this new Real Estate 2.0 mammoth is not going to go away. Real Estate Professonals will have to learn to contend with - and learn to profit from this new consumer centric info portal.
Click Here to see a live example of how we've integrated the Specindex Home Builder Self-Service Classified New Home Marketing 2.0 Listing Tool with the Zillow API.
The Specindex is the only online marketplace where Home Builders and New Home Sales and Marketing experts socially network with other Real Estate industry professionals.
Editor's note: Specindex.com NOW SpecHomes.com
SpecHomes.com is excited for you to join us at our new Spec Homes Blog
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Well I'm not a big follower of anything Zillow. I think they skew numbers that they think everyone likes to see.
I ran your address thru http://www.eppraisal.com/ and http://www.cyberhomes.com/ two new "online house valuation models" they came in at $244K and $239K and they show the supporting comparables.
So bottom line an Appraisal is calling the shots.
4BR 3BA Home: 3,735 Sq Ft
Lot: 16,566 Sq Ft
4BR 3BA Home: 4,429 Sq Ft
Lot: 15,000 Sq Ft
4BR 3BA Home: 4,429 Sq Ft
Lot: 14,998 Sq Ft
4BR 2BA Home: 3,888 Sq Ft
Lot: 18,809 Sq Ft
4BR 2BA Home: 3,888 Sq Ft
Lot: 18,813 Sq Ft
4BR 3BA Home: 3,460 Sq Ft
Lot: 13,599 Sq Ft
4BR 3BA Home: 3,364 Sq Ft
Lot: 13,599 Sq Ft