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Updated over 6 years ago,
How accurate are the property valuations on auction.com?
Hello all,
Currently looking at properties in my area on auction.com, I am looking to rehab and subsequently resell at least two properties by the end of this year and there are a few on auction.com that have caught my attention. My main concern is how accurate the valuation figures are. I've seen properties that are starting at 150k yet are valued at 270-300k. This seems almost absurd in today's market. Furthermore, I found it slightly bizarre that auction.com doesn't require any fees for users of the website to access this info. So could anyone verify whether or not the property valuation figures in the 'property information' section on auction.com are accurate? Moreover, is it a reliable website to use when looking for good flipping deals?
Thank you in advance.