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Hot take: I was pricing my South End condo based on what I paid for it, not what it's actually worth now.
My agent showed me a comp that sold for $75k more than mine with the same layout, and it finally clicked. How do you guys keep your price expectations realistic in this market?
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the_nina2mo ago
I used to get stuck on my purchase price too, but seeing those comps really changed my view.
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anthony8836d ago
Comps are only helpful if you actually find good ones, and in some markets the data is so skewed you can make the numbers say anything you want. I've seen people walk away from fair offers because some random Zillow estimate showed a higher number that just wasn't realistic. Sometimes you have to trust your own gut on what a place is worth to you, not just what the spreadsheets say.
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Ever notice how we do this with old cars or collectibles too? We get stuck on what we paid, not what someone will give today. That comp sheet is the cold water to the face we all need sometimes.
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