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valuing a home: Are You An Average Realtor? - 10/24/11 06:09 PM

 
Many Realtors when determining the value of a property utilize the Average Cost per Square Foot Method.  Simple enough.  You pull up the neighborhood on MLS, pull the sales for the last six months or so.  Do the math to determine what the average price per foot for the sales comes to then you apply that number to the square footage of the home .. Bingo you have the answer. A third grade mathematics exercise that Realtors trust to be the best way to determine the price a home is worth.
What if I were to tell you that … (15 comments)

 
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Connie Goodrich,CRS ABR (McKinney Realtor)Texas

McKinney, TX

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Keller Williams Realty

Address: 6951 W. Virginia Parkway, Suite 100, McKinney, TX, 75071

Office Phone: (972) 562-8883

Cell Phone: (214) 906-7547

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