Buying or Selling? New Tool Helps Your Perspective

As REALTORS, we have seen (and understand) both sides of the equation.

Sellers of a property want the highest price they can possibly get - while Buyers want to pay as little as possible for the same property.

Because there are so many factors to consider, and each party brings some emotion to the table, Buyers and Sellers can have vastly different persepectives on the value of the same property.

Enter Zillow.com. Still in Beta stages, this new tool holds much promise for Buyers, Sellers and Realtors alike. Whether on the Selling side of the equation, or the Buying side, this tool can help bring some unbiased perspective to both parties in valuating a home based on the facts of recent sales data amongst similar properties, in similar neighborhoods. Zillow.com has many positive attributes - easy to use, easy to understand, and fast results - but perhaps the most innovative is that Buyers and Sellers can get this information anonomously, and without anyone calling them. This gives them powerful information in a comfortable atmosphere until they are ready to call in a professional. Whether looking to correctly price your home, understand its value for an equity line, or to compare to another neighborhood, Zillow.com can assist in setting a realistic valuation range.

Try Zillow.com on your own property - and let us know what you think. It is a new service and doesn't have a long history - but we are eager to have such a tool available to our customers. We will have links on each of our websites, beginning with www.TrueSarasota.com ; and are anxious to hear from you as to if this tool is helpful. As with prior posts, we maintain information is always critical in a major decision - Zillow.com may just be one of the most useful real estate innovations for consumers in a long time.