Pending Sale for Zillow Founder's Home
By Glenn Roberts, Jr., Wednesday, May 23, 2007.
Zillow founder Rich Barton reports in the company's blog that there is a pending sale on his Seattle home.
"I'm sure thousands of you have been following the saga of my attempts to sell my house in Seattle (OK, maybe not thousands, but it certainly feels that way)," he writes.
In fact, his home sale was the subject of a Wall Street Journal, and his home's Zillow page has collected more than 5,800 views.
The newspaper reported that Barton had originally priced his 3,740-square-foot, four-bedroom, 3.5-bath home at $3.48 million when it hit the market last summer, which was about $1 million more than he paid for the home in 2002. But the listing price has been reduced.
The "owner's estimate" listed at the Zillow site is $2.98 million, while the latest for-sale price was listed at $2.85 million and the Zillow estimate, or Zestimate, is $2.67 million. The home has been listed for sale at the Zillow site for 132 days.
Barton is working with an agent, Gordon Stephenson of Real Property Associates Inc. in Seattle.
"Hopefully, I’m not jinxing the closing with this post. I recall something about not counting chickens before they hatch," Barton blogs.
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