Order in the court....part of being a REDS (Real Estate Divorce Specialist) is that you expect court appearances...depositions...swearing to...(as opposed to AT),.... I raise my right hand and swear to tell the WHOLE TRUTH....and the first question from one of the lawyers is:
"Ms Hanson....do you know that three other Realtors said that the subject property was NOT a short sale ?"
"Yes, I do." I said in a firm but embarrassed tone.
Embarrassed because....the comps clearly showed....the property condition clearly indicated.....that the property did not merit the price that the "comps" in other market analyses were indicating.
Maybe the market was done blindly....without the benefit of having seen the peeling paint, badly worn/missing shingles, colorful avocado plumbing fixures...
A Blind Market analysis with only the tax record and the description from the Seller has no place in court. Blind is a place to start....to get a feel for recent status in a neighborhood...and be the foundation for discussion in a pre-listing meeting....OR it can be done so that the input provided by the Seller(s) at the listing builds the foundation for a credible pricing structure.
Blind..Court....we think not.
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