I read an article today of FSBO tips written by an owner of a “for sale by owner” site with a terrible piece of advice! He recommended that home sellers get what he called an appraisal from Zillow or Homegain.
First of all, the info you get from these sites is NO WHERE NEAR an “appraisal”. That would be like saying your McD’s burger was “created by a chef”! Appraisers spend a lot of time and money to learn their trade. Also, my experience has been that these sites are usually 10 – 40% off! I’ve compared the values on these sites to houses I have either just sold or just had appraised so I feel very confident in making that statement.
Pricing your house right is critical to getting a sale. So, please, please don’t skimp here! Pay a few $$’s and either buy a home valuation report at a reputable site such as ForSaleByOwner.com, or have a professional appraisal done.
