How do you determine the market value of a home? Bay Area Real Estate Tips with Spencer Hsu, Realtor

I created a weekly FAQ series since I'm sure others may want to know the answers to questions I commonly get. I strongly believe that real estate is a mix of emotion and data which is why I made this specific video as to how I work with my clients to determine the market value of a home. This is 1 of 4 components of a home value but it gives you the data angle of my formula.List price is a marketing tactic and is irrelevant whether you should feel you got a deal or not. Also be careful with trusting Redfin and Zillow estimates. They are a great general guide of trends but can be off by as much as 10% which is evident in this video using live examples.Have any questions? Reach out and let's talk about your real estate situation anytime! Feel free to find a time on my calendar and we can talk about anything.🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://calendly.com/spencerhsure🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/​​📸Follow me on Instagram: https://instagram.com/spencerhsure🧑‍💼Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu/​🛎Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWREAD MY REVIEWS FROM PAST CLIENTS:Yelp: https://www.yelp.com/biz/spencer-hsu-...Zillow: https://zillow.com/bayareareagentRealtor.com: https://www.realtor.com/realestateage...——Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home as seamlessly as possible. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. I have helped 17 families within the last year for $21MM in happy transactions!Spencer Hsu, [email protected](408)223-5493EXP Realty DRE #02077253www.homesbyspencerhsu.com