Most agents will start spouting off random numbers that they think the property can rent for, some are wildly off.  

As an agent I have found that different municipalities have wildly different standards when it comes to public information regarding a property.  

But I've seen some wild stuff in the 15 or so trustee purchases my company's done.

Hey Bryan K,As a full time real estate agent, I have dabbled in property management ... but I find that I am WAY too nice ... and it eats up time I need to devote to my real estate sales business.Totally wild that you mentioned John Stiles, by the way - I've already been in touch with him!  

This is also called Phantom loss because it didn't truly occur.Appreciation - the typical rise in value of the home over time - avg 4%inflation - re is a great hedge against inflation, especially leveraged re. buy a house for 100k, and inflation goes wild, the house cost goes with it, therefore hedging the inflation.

It could be that their source of "fair market value" simply doesn't represent the current retail market, which can fluctuate wildly and rapidly.Tax assessed values are generally based upon a % of "fair market value". 

Condo association fee is a wild card - can go up with little notice and kill your CF.  

I know this thread has taken some wild turns but it's full of good information.

Is this normal and worth wild or am I being ripped off for my services?

This is a fairly wild twist for many of us, and I'm not smart enough to know yet what will shake out in the end.