Short video addressing the misconception that buying property without professional help (FSBO or DIY purchases) necessarily saves money. The speaker begins by arguing many buyers overestimate the information available online and introduces "comps" (comparable properties) as the first key reason DIY buying can be misleading—implying buyers need deeper analysis than Zillow or basic tax records.
Many people think that when they're going out to buy a property that they have all the information at their fingertips and that they don't need any help and they can go out and buy their own property on their own because they think they're saving money. Well, actually, we want to talk about a number of reasons why they're actually not saving money. Number one is comps is what we like to call in the industry or comparable properties. When you're looking at buying a property, it's more than just looking at Zillow or looking at the tax records of a particular area. You need to look at what's actually.
Physicians and High Earners — What Real Estate Can and Can't Do for Your Taxes
