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3 hours ago Zillow valued that home at $1,230,563, but it sold for $1,495,000, and for cash, with no financing involved. That Zestimate was more than 20% too low. Finally, the fourth home was a lakefront home in Elk Grove, California. Again, the Zillow estimate was too low at $488,711. The home sold for 16% more at $565,500.
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The quick refresher is that Zillow doesn't have a cost to list on their site but they do sell advertising and "buyers leads" on your listing to their Premier Agents.
Zillow can be useful for the buyer in determining where and when to buy, because the website can be accurate in showing trending prices. While Zillow might not be able to provide true market value of a home, the estimates can serve as a good starting point. But for sellers who want to accurately price their home,...
According to an article by Fit Small Business as of 2016 in general, the agents they spoke with approx $2,300 in advertising for each sale closed through Zillow. This was with an average home price of $220,000 and a 3% commission. The article goes further into detail about how Zillow Premier Agent operates if you want to learn more.
Login to your Zillow profile. Along the top navigation menu, hover over the Sell tab and click For sale by owner. Enter your property address and click Continue. On the For Sale By Owner Listing page, set your price, add photos, edit home facts, and input your contact information.