63 - FISBOs And Zillow Zestimates - Why They Both Suck For First Time Home Buyers

How to Buy a Home: The #1 First Time Home Buyer Podcast

David Sidoni

Business News, News, How To, Business, Education, Investing

4.8 • 891 Ratings

🗓️ 23 November 2021

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

First time home buying can be massively confusing, so trying to buy a home yourself from an owner in a for sale by owner (FSBO) situation has lots of dangerous potential for a buyer who’s new to the game. And if you're thinking Zillow Zestimates will help you determine how much you should pay for a home, Zillow's own website tells you how inaccurate their own Zestimates truly are. In this episode, David Sidoni tells you why they are so often very wrong. Join in to learn some important dos and don'ts for first time home buyers!

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This podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change how the real estate industry treats first-timers, one buyer at a time- starting with YOU!

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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.

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Transcript

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0:00.0	Everyone's looking for the easy way, and it's rarely the best way.
0:03.5	We've got two examples of that today.
0:05.7	First one is for sale by owner homes.
0:08.7	Why it mostly benefits the owners and not the buyers.
0:12.1	Then we tackle another quick and easy internet solution, the one to help you find out home values.
0:18.4	Zillow Zestimates.
0:20.8	Spoiler alert, they suck. What's happening? What is up my how to buy a homies? That's what I've decided to call you. How to
0:44.6	buy a homies. I hope you like it. If you hate it, send me something better. I'm out of ideas.
0:49.6	Hi gang, it's David Sedone, the How to Buy a Home guy, and this is the How to Buy a Home podcast.
0:55.3	Okay, tonight, this email came into me from a listener.
0:58.0	I called my wife, told her not to wait up.
0:59.9	I said there's something very important.
1:01.3	I have to tell my listeners, flipped on the microphone, and here I am.
1:04.4	That's right.
1:05.0	I moved my sitting desk into the standing position, turned on John Williams' greatest hits
1:10.3	1969 to inspire me.
1:14.0	And in fact, I was writing this out in my office in the dark.
1:18.2	Well, my office isn't dark, but the rest of the building is.
1:20.7	And I did it with a Star Wars theme blaring because the people have a right to know.
1:26.3	I don't know what I meant with that analogy.
1:28.9	Maybe I'm equating myself to the force.
1:31.4	Don't know.
	...

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