Does anyone in DFW have experience with Make Me Move on Zillow and other services? (Celina: for sale, real estate)

[BongoBungo]

The house down the street from me just sold in three days, well over the asking price, and there were hordes of people and cars driving by nearly constantly and it got up to over 2,000 views on Zillow despite only being on the site less than a week. I'm honestly curious just how much someone would pay for my house, and if someone would pay 15-20% more than what it should technically be worth (people are already paying more than 10% above asking price), I'd be willing to sell it. I'm wondering if anyone has had any experience with a service where you don't technically list your house for sale, but you publicize how much someone would have to pay for you to be interested in selling? Not sure how well it would work with the current DFW housing market, and I've heard Zillow isn't great for the DFW market. Some people are setting ridiculous Make Me Move prices on Zillow, but I'm not sure if anyone actually goes for those.

[Bp25]

All you are guaranteed to get is a bunch of calls from realtors trying to list your home. Same with FSBO on zillow.

[jdallas]

give it a shot if you really are at a point where you can pack up and move quickly. what do you have to lose?

[Rakin]

Are you going to buy something to replace your current home?

Usually you'll just get a bunch of inexperienced RE agents wanting to list your home.

[Katana49]

I put our old home on Zillow with a Make Me Move price, it was really just to gauge interest.

Too much interest, even though I priced our home on the high end of things at the time. Got several calls and emails in just a few days, so took it off as we didn't plan on moving then at all.

[lakeside15]

I would list FSBO instead of Make Me Move. I generally ignore the MMM listings because I perceive them to not be serious.

[shane_pcs]

It will generate alot of spam. If you want to see how much its worth just call a listing agent to come show you comps and give you an estimation. Our home sold in 4 days for asking and we had multiple offers. The real estate agent suggested a price $10K more than what we would have listed it for.

[T2015]

Even if you sell at a higher price, when you move, you'll have to buy a new house at a high price too. Is it even worth it?

[BongoBungo]

Originally Posted by T2015

Even if you sell at a higher price, when you move, you'll have to buy a new house at a high price too. Is it even worth it?

Not if I move somewhere to somewhere on the outskirts of DFW where property values haven't been increasing as much. My job only makes me go into the office a few times a month, so I'm wondering if I should just cash out my equity and go move to some place far on the outskirts of DFW, like Anna or northern Celina. If I could get 15-20% above asking price for my house, I could sell and with all my equity put down 50% on a comparable house to what I have now in Anna without dipping into savings or investments.

[TurtleCreek80]

Originally Posted by BongoBungo

Not if I move somewhere to somewhere on the outskirts of DFW where property values haven't been increasing as much. My job only makes me go into the office a few times a month, so I'm wondering if I should just cash out my equity and go move to some place far on the outskirts of DFW, like Anna or northern Celina. If I could get 15-20% above asking price for my house, I could sell and with all my equity put down 50% on a comparable house to what I have now in Anna without dipping into savings or investments.

If asking price is set appropriately, NO ONE is getting 15-20% above asking right now, not even in the most scorching hot parts of the metroplex. Try maybe 5% over in all cash. You can have a realtor pull comps for your neighborhood which will show the % of list price homes sold for - I think that would help level set your expectations a bit.