Are you using Zillow to comp your properties? STOP doing it! For those of you that have been a follower of mine for awhile, you already know how I feel about Zestimates. I have spoken often about the misuse of Zillow for property valuation and comping in my courses, coaching and pretty much to anyone who is willing to listen. Why am I so fanatical about NOT using Zillow and their Zestimate feature to comp properties? Well, the reason is quite simple…the value of a Zestimate is just flat WRONG. You see Zillow uses an algorithm, among other things that Read more…

Today I want to take a little detour from the normal real estate blog post that I write. Now, I am not saying that what I am about to discuss with you has nothing to do with real estate. In fact it is quite the contrary. However, I will need you to hang with me for a minute. In the last 15 years I have learned a lot about real estate. I’ve learned from the school of hard knocks. I have made lots of money and I have lost plenty too. I’ve become an expert in the areas of flipping, Read more…