Fleecing of America – Automated Valuation Models

Automated Valuation Models AVM’s and the Technology Myth AVM Madness – How to Lose $50,000 AVMs Misinformation about these so called “valuation products” is being bombarded on the public. The theme seems to be technology based and, in this race, they see...

Math & Square Footage – Changing Home Values

Math & Square Footage Changing Home Values   Example #1 – 170 Pine Lake Dr. – Whispering Pines, NC Sold $250,000 – 3,000 concessions – Net Sold Price = $247,000 2,300 sqft in MLS – $107.39 per-square-foot or 2,020 sqft in Tax...

Living in a Price-Per-Square-Foot World

Living In A Price-Per-Square-Foot World… Buyer, seller, agent or appraiser, price-per-square-foot is a formula everyone knows. We all seem to understand this concept when anyone is talking about real estate and home values. Right or wrong, price-per-square-foot is...

Automated Valuation Models Just Say NO

AVM’s & Home Valuation The Easy Way – NOT the Right Way! When it comes to pricing your home, using a computer valuation service is about as reliable as flipping a coin. There is no magic formula, or latest and greatest technology that allows any...

Concessions & the MLS

The Great Concession Misrepresentation Concessions are defined as: a benefit or discount to help close a deal, usually specified during negotiations. Concessions are usually included in the closing costs of the deal. It is also defined as; anything of value added to a...