True Price Discovery for Real Estate. The only process I am aware of to value property is the process of true price discovery. Just like traders on the floor of the New York Stock exchange.
The New York Stock Exchange provides an efficient method for buyers and sellers to trade shares of stock in companies registered for public trading. The exchange provides efficient price discovery via an auction environment designed to produce the fairest price for both parties.
When selling real estate think True Price Discovery rather than assuming someone knows the value of your real estate you want to sell. Did you know that No One knows the value of a piece of property? The only way to know the price of real estate is Price Discovery just like the NYSE. Consider taking your property to auction the next time your ready to market property.
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