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Old 12-03-2017, 08:43 AM
 
Location: MID ATLANTIC
7,435 posts, read 17,005,854 times
Reputation: 7767

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Quote:
Originally Posted by just_because View Post
Do you mean to call this an appraisal? I always thought that an appraisal was done by a licensed appraiser according to a defined process.

Sorry to be pedantic but real estate professionals should really try to use proper terminology and licensed appraisers may not think this is very respectful to their profession. Sort of like calling a FSBO a 'Realtor' just because they sold a home. I'm sure you wouldn't like that very much.

Correct me if I'm wrong.
Read the original post - "pop appraisal" and I don't believe anyone playing this game took it any differently. If some reading here thinks we are seriously recommending these sites, well, that's on them for only reading this thread. There are too many threads where our opinion of these sites are well known.
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Old 12-03-2017, 08:56 AM
 
Location: MID ATLANTIC
7,435 posts, read 17,005,854 times
Reputation: 7767
Quote:
Originally Posted by MikeJaquish View Post
Easy and simple.
Pick a property, or use your own home, and just post four valuations like I do in the first comment.

Use the four sites that do pop appraisal opinions of value.

Realtor.com https://www.realtor.com/

REdfin https://www.redfin.com/?estimate

Remax Home Value

Zillow https://www.zillow.com/find-your-home/
I have played the game, but first on behalf of all the posters I would like to express with great gratitude my thanks for all the Realtor calls we will receive as a result of these 4 trigger leads. I do believe you've forged a way to have a Realtor call a loan officer for business (uh, wait.....I called you for business.....not the other way around).

Realtor dot com $323,400
Redfin $332,649
Re/Max $309,872
Zillow $327,362

I would have thought all pulled from public record - but Re/Max has my bath count incorrect. They have 3 full and it should be 2 full, 2 half. I would think the unit would go for $325K, with 5K back for closing.
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Old 12-03-2017, 09:39 AM
 
Location: Worcester MA
166 posts, read 67,817 times
Reputation: 337
As of 12/3/2017, here are my small home estimates:

Realtor.com $131,500
Redfin $133,410
Re/Max $128,936
Zillow $130,876
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Old 12-03-2017, 11:18 AM
 
Location: Cary, NC
30,524 posts, read 53,470,339 times
Reputation: 28801
Quote:
Originally Posted by Taffee72 View Post
As of 12/3/2017, here are my small home estimates:

Realtor.com $131,500
Redfin $133,410
Re/Max $128,936
Zillow $130,876
That really is the tightest range I have ever seen...
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Old 12-03-2017, 11:22 AM
 
Location: Blue Ridge Mntns., NC
9,712 posts, read 13,417,114 times
Reputation: 7896
Quote:
Originally Posted by NOLA2SGF View Post
$257,800 (Realtor.com)
$288,312 (Redfin)
$234,787 (Remax)
$298,901 (Zillow)



Edited to add: Median home value in this zip code according to City-Data: $268,500
Sounds like old data. Check the date of their 'valuation'.
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Old 12-03-2017, 11:58 AM
 
Location: Worcester MA
166 posts, read 67,817 times
Reputation: 337
Quote:
Originally Posted by MikeJaquish View Post
That really is the tightest range I have ever seen...
That's probably because I just closed on my house in August.
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Old 12-03-2017, 12:59 PM
 
Location: Kansas City North
3,475 posts, read 6,453,391 times
Reputation: 4208
I just sold my home in September for $365,000. Missouri is a non-disclosure state so sales price is NOT public.

Realtor: $348,600

Redfin: $381,673

Remax: $341,827

Zillow: $322,265
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Old 12-03-2017, 02:27 PM
 
Location: Cary, NC
30,524 posts, read 53,470,339 times
Reputation: 28801
Quote:
Originally Posted by Taffee72 View Post
That's probably because I just closed on my house in August.
Is it a fairly cookie-cutter neighborhood of very similar homes?
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Old 12-03-2017, 03:11 PM
 
Location: On the sunny side of a mountain
2,917 posts, read 6,360,203 times
Reputation: 5517
Tried all 5 an not one recognizes my address because we don't have mail delivery in our town and that is what their search engine works off of. Would have been a fun experiment to see.

Zillow did estimate that we could rent our little 3/2 for $4375 per month. We do live near a major ski resort and rent is outrageous but out place would go for closer to $3500.
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Old 12-03-2017, 06:03 PM
 
2,188 posts, read 4,287,210 times
Reputation: 1418
Quote:
Originally Posted by Okey Dokie View Post
I just sold my home in September for $365,000. Missouri is a non-disclosure state so sales price is NOT public.

Realtor: $348,600

Redfin: $381,673

Remax: $341,827

Zillow: $322,265
For a non disclosure state, those are pretty accurate. There is a little variety, but pretty good overall.
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