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Should SOLD prices be made public

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Blog by Bettina Reid | October 17th, 2012

House soldHow much do you think your home is worth? Do you think your home is worth more than your neighbours???

The argument made in this article is whether or not SOLD prices should be made public. Some people in our industry fear that should the public gain access to SOLD prices then they won't need Realtors... As if that is the only reason we are needed. Realtors offer a wealth of knowledge and I commend the author of this article for sharing a little bit about why it is important and always will be important to hire a knowledgeable Realtor to work for you and look out for your best interests.

Regardless of whether or not SOLD prices become public knowledge. Sellers will always think their home is worth more than it is because of the emotional value attached to their home and more importantly...bottom dollar. Every Seller wants this information private, but as a Buyer they want to know so that they can try and get the very best deal...Working with a realtor who is skilled in negotiations will be your better bet in ensuring you get the best price for your home, whetehr Buying or Selling.

The internet is full of medical information to help you diagnose your medical conditions...does that mean you won't ever go to a Doctor again? Of course not!

Have a read of the following article and let us know what you think, should SOLD prices be made public knowledge?