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Updated almost 8 years ago on . Most recent reply

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66
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39
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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

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3,437
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Charlie MacPherson
  • China, ME
4,036
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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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