The 6 shooter approach

When it comes to a pricing strategy I use my 6 shooter approach.

My 6 Shooter Approach to Home Valuation

Price Shop

Price shopping is where I add up all valuations and I divide that number by 6. I take that average and go house shopping just like I was the next Buyer pre approved for that amount. I scope out what our competition looks like within that area/price point. Just like in fishing I'm looking for that next hungry Buyer by being the next best priced home at a strategic price point.

1 Local MLS

I use 5 Sold 5 Pending and 5 Active (If Available) from the Realtor Controlled MLS data to determine a price per sqft value from low to high with in a measurable sqft of the subject house and property.

2 EZ Value

EzValue uses a data source algorithm which determines value based on it own automated valuation.

3 Realtor.com

Realtor.com uses a data source algorithm which determines value based on it own automated valuation.

4 Zillow.com

Zillow uses a data source algorithm which determines value based on it own automated valuation.

5 Redfin.com

Redfin uses a data source algorithm which determines value based on it own automated valuation.

6 Tax Assessed

This is the counties valuation of your property that determines how much you pay in annual property taxes.

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