Story Time With Gary: How Some Bad Math Almost Cost This Couple $200,000
Friday, 06 January 2017
- Published in FAQs, Home Seller Mistake Videos, Uncategorized
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Don’t Trust Your Zestimate
Monday, 26 September 2016
- Published in FAQs
What Makes Home Valuation Sites So Bad?
Thursday, 13 February 2014
Question: “You always say that Zillow and other sites are so inaccurate. What do you think causes them to be so far off?” Answer: There are many reasons sites like these are so inaccurate. Here are a few: They “pull” comps from within X miles of the subject. However those often include neighborhoods geographically close
- Published in FAQs, Q&A - Home Investing Questions
Why List Prices May Not Be Accurate
Tuesday, 11 February 2014
Question: “I’ve heard you say that you can’t look at the asking price of a home as an idea of value. But those prices were set by a professional real estate agent. So they must be fairly accurate, don’t you think?” Answer: Nope. I’d like to think what you said was true. But reality is
- Published in FAQs, Q&A - Home Selling Questions
Getting a Reverse Mortgage
Wednesday, 22 January 2014
Question: “My wife and I are almost 70. We don’t want to move for 1-2 years, but we saw a one-story home in Oregon that we’d like to buy now and move to later. What do you think of getting a reverse mortgage to get the cash to buy that home?” Answer: Reverse mortgages can
- Published in FAQs, Q&A - Home Financing Questions
Don’t Use Others’ List Price to Get Your Home Value
Tuesday, 21 January 2014
Question: “Can you compare this listing at [address removed] to our house? It has no garage and is not remodeled like ours, but it’s listed at $725,000. Based on this, don’t you think our home is worth more than $800,000?” Answer: I’d say your house is worth more than the one you referenced. However, as
- Published in FAQs, Q&A - Home Selling Questions, San Diego
Is There Such a Thing as a 3/4 Bath?
Tuesday, 31 December 2013
Question: “Our master bath has a shower, sink, and toilet, but no tub. Is that called a 3/4 bath?” Answer: Way back in 1984 when I got into real estate, we did call that a 3/4 bath. However about 20 years ago it became commonplace to just round it up and call it a full
- Published in FAQs
What Marshmallows Can Teach You About Dealing with Agents
Tuesday, 03 December 2013
Question: “I’ve got a confession. Although I’ve been reading your newsletter for years, I didn’t follow your advice. I had to sell my mom’s house in Anaheim. I interviewed 3 agents and unfortunately chose the one who told me what was by far the highest price. It ended badly. She overpriced the house and I
- Published in FAQs, Q&A - Home Selling Questions