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Having done res real estate for a hot second... Owners *always* over-estimate the value of their homes. They always want to ask for too much. Sure, we hear of o
by chiefalchemist 2y ago
Having done res real estate for a hot second... Owners *always* over-estimate the value of their homes. They always want to ask for too much. Sure, we hear of occasional up-bidding in hot markets but that's typically the exception.
- twoodfin 2y agoYes, I suspect if you were doing real research vs. clickbait for Lending Tree you’d find some way to calibrate owner estimates to actual sale prices & adjust for that bias.