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This is an internet search assignment. Know asking price, sales price and try to

ID: 392581 • Letter: T

Question

This is an internet search assignment. Know asking price, sales price and try to get the best residential data. Note, most counties have internet data on their assessor web sites. You can find these.
Instruction:
Go to the real estate website (http://www.realtor.com, /www.zillow.com, etc. (Links to an external site.)Links to an external site.) and identify five residential properties in close proximity to where you are living that you believe are most alike. Identify the variables (characteristics) that differentiate the properties and highlight the potential value of these variables.
Does list price mean the same as sales price or closing price? If not, why? Search the web to identify websites that list property data including sales price. List these sites and determine how these sites may or may not make money.
Please note that in some states, the actual sales price does not need to be publicly disclosed. Explain how the lack of disclosure of sales price might impact valuations.
This is an internet search assignment. Know asking price, sales price and try to get the best residential data. Note, most counties have internet data on their assessor websites. You can find these. Find a property for sale in Broward or Dade Counties on realtor.com.
Get the size measure from realtor.com. Get the size from zillow.com and either the Dade or Broward Assessors data (miamidade.gov and bcpa.net I think) and any other source you might find (on the internet). Evaluate the data from each source and comment. Would your findings impact an assessment of value? This is an internet search assignment. Know asking price, sales price and try to get the best residential data. Note, most counties have internet data on their assessor web sites. You can find these.
Instruction:
Go to the real estate website (http://www.realtor.com, /www.zillow.com, etc. (Links to an external site.)Links to an external site.) and identify five residential properties in close proximity to where you are living that you believe are most alike. Identify the variables (characteristics) that differentiate the properties and highlight the potential value of these variables.
Does list price mean the same as sales price or closing price? If not, why? Search the web to identify websites that list property data including sales price. List these sites and determine how these sites may or may not make money.
Please note that in some states, the actual sales price does not need to be publicly disclosed. Explain how the lack of disclosure of sales price might impact valuations.
This is an internet search assignment. Know asking price, sales price and try to get the best residential data. Note, most counties have internet data on their assessor websites. You can find these. Find a property for sale in Broward or Dade Counties on realtor.com.
Get the size measure from realtor.com. Get the size from zillow.com and either the Dade or Broward Assessors data (miamidade.gov and bcpa.net I think) and any other source you might find (on the internet). Evaluate the data from each source and comment. Would your findings impact an assessment of value? This is an internet search assignment. Know asking price, sales price and try to get the best residential data. Note, most counties have internet data on their assessor web sites. You can find these.
Instruction:
Go to the real estate website (http://www.realtor.com, /www.zillow.com, etc. (Links to an external site.)Links to an external site.) and identify five residential properties in close proximity to where you are living that you believe are most alike. Identify the variables (characteristics) that differentiate the properties and highlight the potential value of these variables.
Does list price mean the same as sales price or closing price? If not, why? Search the web to identify websites that list property data including sales price. List these sites and determine how these sites may or may not make money.
Please note that in some states, the actual sales price does not need to be publicly disclosed. Explain how the lack of disclosure of sales price might impact valuations.
This is an internet search assignment. Know asking price, sales price and try to get the best residential data. Note, most counties have internet data on their assessor websites. You can find these. Find a property for sale in Broward or Dade Counties on realtor.com.
Get the size measure from realtor.com. Get the size from zillow.com and either the Dade or Broward Assessors data (miamidade.gov and bcpa.net I think) and any other source you might find (on the internet). Evaluate the data from each source and comment. Would your findings impact an assessment of value?

Explanation / Answer

Realtor.com:

Realtor.com® is operated by News Corp subsidiary Move, Inc. under a perpetual license to operate realtor.com® from the National Association of REALTORS.®

Realtor gives you a unsurpassed real estate information, tools and professional expertise across a family of websites and mobile experiences for consumers and real estate professionals through all stages of the home journey. It offers a complete solution of software products and services to help real estate professionals serve their clients and grow their business in a digital world and is a syndicator and centralized intelligence platform for the real estate industry.

I am staying in Lexington. Hence the five residential properties in close proximity to where I am living that I believe are most alike are:

Other home facilities make the home more reliable and easy to take a decision as it gives you a lot to think about the home such as Heating and Cooling facility, Interior Features, Exterior and Lot Features, Garage and Parking etc.

Where, The list price is a seller's advertised price, or asking price, for a home. It is a rough estimate of what the seller wants to complete a home sale. A seller can price high, low—which does not happen very often—or very close to what they hope to get. ... The sales price is the actual amount a home sells for. Hence list price does not mean the same as sales price or closing price.

Websites that list property data including sales price are:

There are many ways in which real estate sites make money such as Broker subscription, Banner Ads and Data where Real estate sites then use these data points about properties, customer preferences, prices, etc. to generate market insights that can be sold to private equity investors, banks, investment funds in the form of reports or analytic.

lack of disclosure of sales price might impact valuations in many ways such as:

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