Last year I became the third listing agent of a house in Plantation.  The property was grossly overpriced, starting at $849,602 in September of 2005.  It languished on the market, with numerous reductions, until a second agent took it at $719,000.  On August 22, 2006 I listed it for $695,000 and reduced it to $639,500 on December 27th. In January of 2007 we finally got a contract for $600,000.  After inspections and a seller "contribution" of $10,000 we closed on February 15, 2007.  Early warning sign: I never met the selling agent or the buyer.  I was directed to a strip center in Cutler Ridge to pick up the closing statement and the commission check.  I put the file away and never gave it another thought until.... I started getting calls from Broward appraisers in May!  They wanted to know all the details of the house, its condition and the price.  It turns out that the sale was finally recorded in Broward County on May 14, 2007 for $690,000.  I have since spoken to at least 12 appraisers, all trying to figure out the discrepancy between the MLX stated closing price and the tax records at Broward County.  The tax records indicate only a mortgage of $150,000 but the closing statement shows $500,000.  I still don't know why or how the records show an additional $90,000 in the sales price.  We Realtors really need to keep the appraisers informed, as we are on the cutting edge of these markets and sometimes we are the only ones who know the selling price and circumstances.  Don't turn down their calls, just tell the truth.  From their calls I gather that the market in this neighborhood has improved.  I hope they get the correct values.