The Pitfalls of Outlier Sales in Pricing a Listing
Birmingham Appraisal
SEPTEMBER 26, 2023
Some people will say that it is market value because you have a willing buyer and a willing seller. For sellers, this can be appealing, as it may justify a higher asking price. Including an exceptionally high sale in an area with mainly moderate values can give a false impression of what typical buyers and sellers can expect.
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