
The results of a survey conducted by
HomeValueZone.com shows that home sellers are most frustrated and confused about how to determine what their home is really worth in today's market.
The survey ran for 6 months on HomeValueZone's website.
HomeValueZone provides agents and sellers with an online pricing system based on trends in the current marketplace, as opposed to just historical sales data.
"There are hundreds of real estate sites where a consumer can get a free home value analysis, and they're just about all the same," said Jim Lofton, creator of HomeValueZone.com. "Most of these sites only use past closed sales from the local MLS service. The problem is you're not selling your home in the past. In today's market home values are changing rapidly, mostly downward, and if you're pricing is based just on homes that have already sold, you are missing a major factor."
HomeValueZone.com offers free automated and proprietary Value Trend software that performs four comparative market analyses for an entire year. These CMA's are then averaged to create a monthly percentage increase or decrease for a specific home in a neighborhood.