sell price: Online Value Estimates Problematic!
- 01/20/16 04:01 AM
While technology has become an important part of our lives, some aspects of the new information access age is problematic. We were just asked to list a property that was involved a trust type situation. To eliminate any possible family issues downline, we suggested that a professional appraisal be accomplished before formally putting the home on the market. A state licensed appraiser was hired. In a professional and timely fashion, he came back with an appraisal of $215,000. The seller was horrified because she just saw an estimated value on Zillow of $244,000. She was immediately skeptical of the qualifications of the appraiser. (2 comments)