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The Zillow Make Me Move feature allows you to list your home to potential buyers without actually listing your home for sale. Your home will be listed as a Make Me Move home on Zillow but not for sale officially on the MLS.
If you’re not really serious about selling your home this is a good option. You can enter what price you think is best. You may get some response if the price is right. Then it will be time for you to decide if you should accept the offer or not.
You’ll want to meet with your real estate agent to verify if it’s a good offer and if it’s a qualified offer. You certainly don’t want to leave any of your money on the table or enter into an agreement that is not favorable for you. You’ll want their help seeing the transaction through to completion if you decide to accept.
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Zillow Sell My House
There are several ways to list houses for sale on Zillow. Most home owners know they can get a rough, general idea of their home value using the Zillow Zestimate tool. This tool provides you with a general ballpark figure of what your home is worth. Keep in mind it’s not a precise comparative market analysis of what the market will bear for your home. However, it does give you a rough starting point for pricing.
You can explore the other real estate services Zillow has expanded into after you get your estimate. They include cash offers. This is Zillow’s real estate referral network and For Sale by Owner listing service.
Cash Offer
Zillow is now offering cash offers for homes in select areas. This follows the cash buying method that companies such as OpenDoor offer. If you’re in need of quick cash for your property this may be a good option for you. Zillow’s cash offer allows you to chose your exact move out date. This option is especially good if you care more about convenience then getting full market value for your home.
Zillow Real Estate Agents
Zillow offers the “work with an agent” option. This provides you with a list of agents that pay a fee to be listed as a “Zillow Premier Agent”. The average cost to be included in Zillow’s real estate agent referral network starts at $1,000 per area.
For Sale by Owner
Zillow offers the For Sale by Owner option called “Sell it Yourself”. This feature allows you to create your own listing that is displayed on Zillow and Trulia. This listing service is free at this time.
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Does Listing Houses for Sale by Owner Work?
Results show that only 10% of the For Sale by Owner listings conclude in a sale. This includes those listing on Zillow. 56% of agent assisted home sales result in a sale.
90% Failure Rate
The remaining 34% of home sale listings result in the home sale being postponed and un-listed. This is mostly due to incorrect market positioning. The price was listed too high for the market to bear. Another reason is that it didn’t have the right marketing. In both cases, homeowners are disappointed with offers that come in below what they were thinking they should receive.
These type of owners are not in a hurry to sell. They care more about getting a specific price then obtaining the sale within a specific time frame. These sellers are willing to wait until the equity in their home reaches their sale expectation. They feel confident that if they wait long enough their home value will eventually reach the sale price they want.
If you don’t need to cash out your home quick for a discounted amount you have really great options. The best being to hire a professional Realtor. They work hard for you to get the highest market price in the shortest time frame with the highest security. You get what you pay for. You don’t want to cut corners when it comes to selling one of your highest valued assets.
If you’ve been considering selling your home, invest 45 minutes to meet with us. We deliver a home market value report that is current. It provides deep market positioning information about your property and your neighborhood. This equips you to make the best decision and determine if now is the time for you to sell.
