Oct. 1, 2012
There are two homes in my neighborhood that aren’t officially on the market, but the owners are willing to sell. All you have to do is pay them way more than their real estate is worth.
How do I know this? They both put “Make Me Move” prices on Zillow. Both are asking about $100,000 more than Zillow estimates they should sell for. And though Zillow’s “Zestimates” are often wildly inaccurate in Texas, I’ve been following sales prices in my neighborhood enough to know that these two make-me-move prices are out of line.
Now, I don’t know if these homeowners are just having a little fun or if they really think they might get lucky. I do know this: One of them listed his home on the site 1,097 days ago. The other one is up to 1,805 days. (Do the math and you’ll see that we’re coming up on five years.)
That kind of inactivity can also happen when real homesellers rely on wishful thinking or inaccurate market data (or both).
If you want to sell your house, do yourself a favor: Hire a Texas REALTOR®. He or she will help you make smart decisions so you’re not sitting around wondering why the days keep ticking by without any activity.