Monday, December 19, 2011

Question of the Week


Zoocasa Ask the Pros Featured Question:

"What is the most accurate way to obtain information on what a property has sold for?"

Answer 1: "The selling price of a property is not made public due to privacy laws. Much like you can not find out how much your neighbor actually paid for their new car, or how much they pay for their life insurance, or what their salary is. The MLS system however allows Realtors to collect information (including sale price) to help buyers and sellers make educated decisions...."

Answer 2: "The most accurate way to obtain information on sold property is to contact your realtor. The realtor has access to this information through their MLS system. This is not accessible to the public, only through your realtor, and she/he can help you determine the fair market value of your home, or the fair market value of a home you are looking at purchasing."

See the original post and more Real Agent Answers.

2 comments:

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