I just had my house (it's a townhouse but the management is a condo, very dysfunctional HOA. They should have changed to a townhouse over 10 years ago!) listed on Zillow. To my surprise, even the house price is $215k, the rent estimate is only $900 something.
I had rented out this house for 3 years, the price started from $1200 to $1300, and the Zillow rent estimate was always slightly higher than that. Now, I finally decided to sell the house, but the rent estimate suddenly (at the time my house was on the market) dropped to under 1k.
I wonder if anyone knows the reason for this. Are there any ways my agent or I can do to change it? Since the potential buyers might be investors, this rent estimate would certainly stop them from buying it, I believe.
Thanks for any advice!
[link] [comments]
source https://www.reddit.com/r/RealEstate/comments/1ecn2e7/zillows_rent_estimate_too_low/
Comments
Post a Comment