What Is your House REALLY Worth?

from The Jon Sanchez Show Hosted by Sanchez Gaunt Capital Mgmt

I want to conduct an experiment today. Let's take one house. The homeowner thinks it's worth $850,000. An online estimate says $810,000. Aaron looks at the comps and says $790,000. Dwight says he'd list it at $799,000. Then we get an appraisal and it comes back at $775,000. So I have one house—and five different opinions of value. Who's right? That's what we're going to figure out today.” Then introduce the guys and hit Aaron immediately: “Aaron, I call you this morning and say, ‘I want to sell my house. What's it worth?’ Walk me through exactly what you do.”