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Updated almost 10 years ago on . Most recent reply

Jeb Brilliant's profile image
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Jeb Brilliant
  • Rental Property Investor
  • from Long Beach, CA
  • Member since Apr 9, 2015
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Jeb Brilliant's profile image
Jeb Brilliant's profile image
Jeb Brilliant
  • Rental Property Investor
  • from Long Beach, CA
  • Member since Apr 9, 2015
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Jeb Brilliant
  • Rental Property Investor
  • Long Beach, CA
155
Votes |
623
Posts
Buying & Selling Real Estate

Basic Q about market value vs. selling price

Jeb Brilliant
  • Rental Property Investor
  • Long Beach, CA
Posted

Can someone explain why the market value can be $50k on a house but the asking price is $25k? How is market value double what the actual value someone pays for it is? 

I assume I'm just naive but this does t make sense to me. 

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Rodney Kuhl's profile image
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Rodney Kuhl
  • Rental Property Investor
  • from Fishers, IN
  • Member since Oct 21, 2013
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Rodney Kuhl's profile image
Rodney Kuhl's profile image
Rodney Kuhl
  • Rental Property Investor
  • from Fishers, IN
  • Member since Oct 21, 2013
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Rodney Kuhl
  • Rental Property Investor
  • Fishers, IN
69
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381
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Rodney Kuhl
  • Rental Property Investor
  • Fishers, IN
Replied

@Jeb Brilliant Don't go by the values on Zillow. They are way off here in Indy.

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