real estate bracketing

Real Estate Bracketing — Advanced Beginner Version

The Goldilocks Approach As I’ve discussed in previous posts, the essence of pricing real estate is what’s called “bracketing.”  (See, “Bracketing,” Explained“; and “Why the Neighbor’s House Usually Isn’t a Comp“). Translation:  you need to find a home that’s just above the home you’re trying to price (called the “subject property”) and one that’s just...
Read More