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 a local agent, run a CMA, Get a professional appraisal Or use online estimators as a starting point. Each method has different accuracy levels and costs. A Guide to Find Your Home’s Real Value 4 proven methods to determine what your property is worth 1 Comparative Market Analysis Analyzes recently sold […]
How is Real Estate Commission Calculated in Texas
Texas Real Estate Commission How the 6% is Split Among All Parties 6% Standard Rate Completely Negotiable • Paid by Seller Listing Side $6,000 Listing Agent $3,000 Listing Broker $3,000 Buying Side $6,000 Buyer’s Agent $3,000 Buyer’s Broker $3,000 Commission Breakdown Example $200,000 Home Sale Total Commission (6%) $12,000 Each Side Gets $6,000 Each Person […]
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 […]