Estimating the price of his house or apartment is the first question an owner asks before considering selling his property. Many sites offer free online real estate estimates without really knowing how these price assessments are constructed. Here is a short review of the different things to understand to make the best use of these tools.
You are free to think about your project quietly without seeing a real estate agent. But you know the adage on the internet? “If it’s free, you’re the product!” “. Expect to be asked later.
The first thing to look at when using an online estimator is to ensure the seriousness of the questioning carried out to make the estimate. Some sites are so interested in your details that they offer you an estimate after 5 questions…
Is it really reasonable to think that a serious estimate can be based solely on your address, the number of rooms and the existence or not of a garage? When we know that two apartments in the same building can sell for different prices depending on their exposure, their condition and their floor?
The average margin of error of online estimators is rarely communicated. Best Agents who pride themselves on being the leader in online valuations indicate a discrepancy of + or minus 6% between their estimates and the actual selling prices. This difference can be even greater because the seller often remains focused on the upper range of the estimate and the estimators are clever, they often offer a very wide range.
View More : www.sydneypropertyvaluations.net.au