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Selling A Home | Elite Results Realty Blog

Wednesday, May 6, 2020   /   by Vyral Marketing

How Accurate Is Zillow When It Comes to Home Values?

Zillow can tell you what your home is worth instantly, but is that number accurate?


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A lot of people want to know whether or not Zillow can give them an accurate estimate of their home’s value. Although it can give you a good starting point, more often than not the price will be inaccurate and come in higher than the home’s actual market value. The reason is that they want to get more clicks to their site and the higher the value it shows, the more often you’re going to visit their site.

One thing that Zillow doesn’t take into consideration is any of the improvements or upgrades you’ve made to your home. If there is anything unique about your home, it’s not going to show up on Zillow.
 

Your home’s uniqueness won’t be accounted for by Zillow.

 
The best way to get a value of your home is to have a real estat ...

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  selling a home, owning a home

Wednesday, March 28, 2018   /   by Rob Hale

How we got over 60 interested buyer leads for a listing over one weekend

This seller's market is still booming, but traditional and innovative strategies will still help you generate the highest possible sale price. One key factor is exposing your house to the right people through marketing. But this can be a really confusing process with all the channels available. That is why we suggest hiring a great agent that specializes in your area and has proven marketing tactics.

A savvy agent should know the traditional marketing channels that would work best for your house and neighborhood: postcards, flyers, open houses, etc. When sitting down with your agent, however, make sure they have a comprehensive approach that includes the most effective digital strategies as well.

For example, we spend a lot of money on digital advertising that targets specific audiences on Facebook and Instagram. One recent campaign we ran for a client captured 60 interested buyers over the course of one weekend! 


You can check out our social media channels fo ...

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  real estate market, selling a home

Thursday, March 8, 2018   /   by Rob Hale

Consider updates: enjoy your home AND your resale value

If selling your house is a possibility anytime soon, then you should be thinking about what to do to prepare. 

Working with sellers is definitely one of our specialties, so we have many clients who reach out when they are ready. When we sit down and talk through the numbers, they are often surprised when they learn how much more money they can get if they do at least a few simple updates. Most of them end up taking some of our advice by changing paint, flooring, landscaping, etc. 

However, it always makes me a little sad to see people go through the work and investment just in time for someone else to enjoy it. But every once in a while, I come across a savvy client who made the updates with enough time to enjoy before selling! 

The lovely Queen Creek home pictured below is a great example. Using some of our advice, the sellers updated the home about two years ago, and it is still in pretty much perfect condition. It shows wonderfully, and looks as though they f ...

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  real estate market, elite results realty, selling a home, seller's market

Thursday, January 11, 2018   /   by Elite Results Team

Home prices likely to increase in 2018

We advised buyers who were on the fence one year ago that if they were planning on buying within the next couple years, they should do it sooner because prices would continue to rise for the foreseeable future. 

At the dawn of 2018, we have the same guidance. In fact, it's even more urgent than one year ago. The market is in an interesting predicament as we start the new year. Supply is extremely low, and this typically means one thing for prices: ↑ ↑ ↑

Here are numbers to give you an idea of what the market is doing: 


Active listings are down by nearly 14 percent from one year ago (and 9 precent from last month)*
Average sales price per square foot is up 8 percent from last year (while general inflation has stayed the same) 




Other factors add to the urgency, including rising interest rates.

So what does this mean for you? 


Buyers: If you are in the market, you should probably put the pedal to ...

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  real estate market, buying a home, selling a home, seller's market, housing trends

Thursday, October 19, 2017   /   by Elite Results Team

Buying is 40 percent cheaper than renting

We like to keep you informed about what is going on in the housing market, and right now, the update is easy: It's still a seller's market. Supply is still low. Home prices are still climbing. 

We talked to a client recently who wanted to break into this market, but was a little discouraged with these climbing prices. This had them considering renting instead of buying. 

It's important to know, however, that the cost to rent has been climbing right along with these home prices. In fact, here in the Phoenix area, it is 38.5 percent cheaper to own a house than it is to rent, according to Trulia's October Rent vs. Buy report. 




If you buy you also benefit from equity buildup, home value appreciation and even some tax benefits.

In this market, if you can afford to rent, you can typically afford to buy. We also work with some great lenders who have fantastic loan products if you don't feel you have enough money saved up for ...

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  elite results realty, real estate market, selling a home, buying a home, seller's market