Tallahassee Real Estate Blog

I received an email from a large financial institution that is offering a home price checking service. Just sign-on the site and access their database of neighborhood sales data.

Being a Tallahassee real estate professional interested in all sorts of real estate data and sources of information, I did it. And it does have a lot of information that a homeowner would be interested in.

But home buyers and sellers should understand the limits to this information. First, all the sales were at least 3 months old – that’s an ETERNITY in today’s Tallahassee market. Market analyses for price comparisons should be comprised mainly of sales less than 3 months. Second, the home sales presented were similar in geographic location only. No information on quality of the homes, or condition of the homes was used.

Buyers and sellers: use these automated services for your general knowledge. But they are almost always wrong when it comes to details.  If you need precise home sales information to help you buy or sell a home, use a local Tallahassee real estate professional that will give you the best information available to achieve your goal!