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Inside Real Estate Episode Highlight
“A time adjustment is basically just kind of looking at the zip–let’s say you sell in Washington Township. So when you sell a house that was built in 2005, you know, 3,500 square foot. So what I like to do is kind of dig into the market stats and, you know, looking at zip code, you know, look at sales that were built, you know, 1990 or newer and kind of see what the median sales price is going up. You know, if in the last 12 months, the rolling averages, you know, plus seven, eight, you know, I’ve been seeing plus 12% in a year. You can use that to adjust your prices from the contract date.” -Kevin Keck, Simpli Real Estate