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How To Value Real Estate Like The Pros
Episode 2287th May 2024 • The Higher Standard • Chris Naghibi & Saied Omar
00:00:00 01:23:56

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So many people use Zillow or Redfin to determine the value of their home, but should they? Even if you get a value, how do you have confidence that it is the right one and not skewed by the wrong data? Realtors would tell you to leave it to the professionals, but a fun fact is that Realtors are not licensed to value homes, but rather only to sell them. Chris, Saied and Haroon are going to tell you how to value your home like a licensed real estate appraiser.

➡️ The great real estate professionals use this same methodology when they try to figure out what value to sell your home for or what the offer price should be of a home you are looking to buy. It's time you knew how to do it too.

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🔗 Resources:

Notable data this week (Chris Naghibi via X)

Consumer confidence hits lowest level since July 2022 (Yahoo! Finance via Instagram)

U.S. Economic grows slower than expected in first Quarter (Yahoo! Finance via Instagram)

Avg. 30-year fixed mortgage rate is 51 bps below the cycle high (Lance Lambert via X)

Mortgage rates rise further above 7% (Yahoo! Finance via Instagram)

⚠️ Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.



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