Navigating Real Estate Sales in A Nondisclosure Market #professorpayne #paynelessflipping

Name: Navigating Real Estate Sales in A Nondisclosure Market #professorpayne #paynelessflipping
Uploaded: 2025-01-11T15:00:43+00:00
Duration: 55 s
Channel: Nathan Payne
Description: In this segment Nathan Payne explains how investors can value properties in states where sale prices are not publicly disclosed. He advises relying on…

11 Jan 2025 · 1 min

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In this segment Nathan Payne explains how investors can value properties in states where sale prices are not publicly disclosed. He advises relying on active, pending, and sold listings to gauge market activity, then using indicators such as recent price cuts and days on market to infer whether a listing is overpriced and to estimate the after‑repair value (ARV). Payne highlights the difficulty of finding sufficient comparable sales in nondisclosure markets and stresses the need to triangulate limited data sources to make informed pricing decisions.

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when you're in a non-disclosure state and you don't have that information, what do you do? You go, you go by active, pending, selling data, and then you look and see how long has it been on the market for. So what can you guys assume when it comes to ARV? If the house across the street is, is nicer than mine, about the same size, but they're asking for $215,000, they just did a price cut a couple of days ago. What are you guys going to assume about this property at $215,000? Right. It's overpriced. So do I think I can sell my property for $215,000 completely rehabbed if this one— this one's not complete rehab, but if it's been on the market for 230 days, it's going to be tough, right? So I look, I look a little bit over at some more stuff. Okay. Now the tough part is there's not so many comparables here. We're only working with, you know, for sale, sold. Like I said, you don't really get the information, non-disclosure states.