Homebot!
Everyone is probably used to Zestimates and Redfin Estimates, I hear it all the time, “Zillow says my home…”. They’re certainly great tools in concept for homeowners and buyers. To be able to quickly see an estimate that tracks the market rocks. But how accurate are those numbers? Ever pull up a house on Redfin and see one number only to find it be vastly different on Zillow? Let’s take a look at a sample property in Central Tacoma. These numbers we’re pulled today 9/15/2021 at 12pm.
Zillow has it listed at $536k and Redfin at $575k. That’s a 7% difference in valuation! Each company uses their own process to determine the numbers and we all know that the market is what dictates your homes value. So what’s another alternative that’s backed by a local real estate professional?
Homebot!
Homebot uses algorithms to track the Market but also allows a licensed REALTOR® (Me!) to dig in a do a Comparative Market Analysis (CMA) on your home based on market conditions to make sure the computer is staying on track. For all my clients I’ll update your homebot with a CMA once a year or at your request! That way you can keep track of your investment and make informed decisions when it’s time to make your next move.
In addition to keeping track of the value of your home. Homebot will keep track of your mortgage on the home showing what options you have if you’d like to upgrade, move, or utilize equity to buy an investment property. As you look through homebot, if you have any questions or want to challenge the value of your home you can contact me directly or through Homebot and I’ll answer any questions you have.
When you first sign up for Homebot, it utilizes public data to pull your mortgage information which isn’t always up to date. Feel free to update anything that doesn’t look right so that you’re on track for an accurate picture for years to come.