Asked by: Conception Sachserreal estate real estate buying and selling
Why does Zillow show houses not for sale?
Last Updated: 30th April, 2020
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Then, why does zillow not show all houses for sale?
For buyers: Many of the homes listed on Zillow may not be for sale. Another way Zillow can provide inaccurate information is through the agent listed with the property. You would think this is the “listing agent” or the “seller's agent.” Wrong. It's usually attached to a paying Realtor client of Zillow.
Also, do views on Zillow mean anything? Page views on Zillow are a strong indicator of how quickly a home will sell. Listings with 280 or more page views in the first week were three times as likely to sell in 60 days as those with fewer than 100 views.
Similarly one may ask, what does it mean when a house is off market on Zillow?
Off market in real estate means properties that are for sale but aren't listed on the Multiple Listing Services (MLS.) When a property is for sale but not listed on the MLS, it won't be submitted to websites like Zillow or Trulia that feed off of the MLS unless the agents place the listings on their site manually.
Is selling to Zillow a good idea?
For people who absolutely need to sell right away and don't want to go through the hassle of selling the home, Zillow might be an attractive alternative. But you could end up paying a lot of money for that convenience. NO: 7.5 percent is 1.5 percent above the traditional real estate commission of 6 percent.