Frequently Asked Questions
The Nestimator analyzes every detail about every real estate transaction in your area, including who the selling agent was. Be-cause of this, we're able to see which agents sell a lot of homes in your area and how they stack up against their peers. But these numbers can be deceiving. A high number of sales can just mean that the agent markets themselves well. An agent who has a high-er sold-to-asking price ratio or who sells homes faster can mean that they set the asking price below market value. Although these numbers are important to look at, this is not the only criteria we consider.
If a top agent meets our minimum threshold for these numbers, then we ask them a series of questions to determine if their approach to selling a home is aligned with ours. Many of the questions we ask are the ones that many home sellers don’t ask — not because they don’t want to, but because they’re unaware which questions can ensure they’re working with a top agent who is committed to putting their client’s interests first and has the absolute best plan for their home.
If an agent doesn't answer any of the questions with what we feel is the right answer, then we will not invite them to become a part-ner agent. We invite the ones who are able to answer all of the questions and leave zero doubt about their integrity and approach to selling a home. We display the questions and answers on the agent’s profile so you can see what separates them from other top agents.
There are plenty of great agents out there, but there are also many top agents who take advantage of the opportunities that allow them to put their interests before those of their clients. We believe that finding the perfect agent shouldn’t just be about looking at their sales performance; it should also include asking the right questions and getting the right answers.
- The Nestimator finds the best comparable homes to yours. Other online estimates display recently sold homes, but the Nestimator finds the ones that are most similar to yours.
- It factors in critical attributes that can have a big impact on the value of a home. Two of these include the condition and location of each property.
- You're able to see a comparison of your home vs. each comparable property and the differences of key home value features. We show you an estimated price compared to each recently sold home and will show you the key differences on what impacts that estimate.
No, it is not an appraisal. Appraisers use different adjustments that often don't factor in a homebuyer's level of desirability on certain features. In many cases, appraisers are limited to what adjustments they can make and how much those adjustments can impact the potential value.
Similar to any appraisal or online estimate, our home valuation is only one opinion of what your home might be worth and should not be considered a replacement for an appraisal. To get the most accurate estimate of what your home might sell for, we recommend you connect with one of our top partner agents, who can provide you with further information on the potential selling price for your home.
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