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Updated over 7 years ago on . Most recent reply

User Stats

66
Posts
39
Votes
Betty Klein
  • Investor
  • Reno, NV
39
Votes |
66
Posts

selling home at a loss

Betty Klein
  • Investor
  • Reno, NV
Posted

I am currently trying to sell my home in the Grass Valley CA area and my realtor tells me I have to take a 30K loss!

Most Popular Reply

User Stats

3,437
Posts
4,036
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Charlie MacPherson
  • China, ME
4,036
Votes |
3,437
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Charlie MacPherson
  • China, ME
Replied

@Betty Klein Zillow's "Zestimates" are often horribly inaccurate.  Have your Realtor show you current "comps".  

These should be homes that are VERY similar to yours.  Preferably sold within 6 months and a half mile.  Identical number of beds and baths.  Very close in square feet of living area and acreage and condition.

The current market will tell you what the property is worth.  Zillow will probably get you within 20%.

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