Wednesday, January 8, 2014

Does Cost per Square Foot Matter?

In my part of town square footage is a big misleading problem. We have new and old homes listed with square footage that are being advertised as “per owner” this removes the liability from listing agent and these homes have sometimes 400 square foot more than what public records has it listed for and realtors try to justify the price of a home by upping the square foot of a home because a home looks better at $109/per sq.ft. than a home at $126/per sq.ft. every time a home gets listed we like to print out public record documentation and the Realtor new listing and 99% of the time there is a big discrepancy on the square footage. The clue to look out for on a listing is “PER OWNER” this would be a RED FLAG when looking at square footage.


No comments:

Post a Comment