Can I Trust Realtor.com’s Property Valuation Estimate
Quick Answer Realtor.com estimates are most accurate in markets with a high number of sales, with an accuracy rate of over 95%. The accuracy of Realtor.com estimates is higher in markets where the median home value is over $200,000, with an accuracy rate of over 90%. In markets with a median home value of less […]
The Science Behind Zillow’s Zestimate Accuracy
Quick Answer According to Zillow, the nationwide median error rate for the Zestimate for on-market homes is 2.4%, while the Zestimate for off-market homes has a median error rate of 7.49%. When it comes to buying or selling a home, one of the first things that often comes to mind is the price. Determining the value […]
Zillow’s “Active” Explained
Quick Facts The term “active” on real estate websites like Zillow usually refers to properties that are currently available for sale or rent. If a listing is marked as “active,” it means that the property is actively on the market and potential buyers or renters can inquire about it. Zillow has established itself as a […]
Looking to Build a Tiny House? Find Out the Average Cost
What is a Tiny House A tiny house is a small, compact living area that typically ranges from one hundred to four hundred rectangular feet. It is designed to offer all the vital services and functionality of a conventional home but on a far smaller scale. The tiny residence movement has received great popularity in […]
How Much Can I Expect to Pay for Honomobo Container Homes
Quick Answer The average price of a Honomobo container home is $95,368. They are made from recycled shipping containers and can be delivered to any location in North America in as little as 8 weeks. 92% of Honomobo customers reported spending less than $110,000 on their container home. The homes have a lifespan of up […]
How you can find Market Value for a Home fast
Quick Answer Work with an agent who knows the neighborhood and has access to recent sales. Run a CMA Get an Appraisal Online home value estimators can provide an estimate of the fair market value of a home, but they are not as reliable as an appraisal or a real estate agent’s opinion. Real estate […]
How is Real Estate Commission Calculated in Texas
Do you want to become a Texas real estate agent but are unsure how much it will cost you? It can be difficult to figure out your income as many real estate agents get their compensation via a Commission. Instead of receiving a monthly check for the same amount, real estate agents receive a percentage of each house sold […]
The Price of Closing in Texas: What Sellers Need to Know
Quick Answer: In Texas, closing costs are negotiable between the buyer and seller. It is customary for both the buyer and seller to pay a portion of the costs. The average closing costs in Texas are between $2,000 and $4,000. (Range) When preparing to sell your home in the state of Texas, keep in mind […]