Comp’s, Facts, and Opinions: Sellers Who Misperceive Their Home’s Fair Market Value (Guess Which Direction)

“Everyone is entitled to his own opinion, but not to his own facts.” –Daniel Patrick Moynihan Substitute “Comp’s” — as in “Comparable Sold Properties” — for “facts,” and you’ve got a pretty good rule of thumb for pricing residential real estate. So, while prospective home sellers can (and do!) compare their home to any properties...
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