Different properties are going to adjust differently on expenses-- newer compared to older, apts to cheap houses, cheap(bread and butter homes) compared to expensive.

My area sales price is about average compared to most of the city, but my own house is really entry level (way below the average price of $214K :roll:) In my zip code, there were 207 Active listings in August, and 30 of those sold.

Mailing is fairly simple when compared to internet marketing.

A great agent will make your far more than they cost.Being a realtor is one of the most rewarding jobs I've ever had, but you have to choose your niche.

Contractors work either Time & Materials or by bid (a version of Time & Materials where the contractor bears all of the risk and possible reward).

Isn't this bailout just rewarding bad behavior?

I would use the broker (or me ;-) and get another quote to compare, Make sure you get a GFE and you are comparing the same product (fixed term, pre-pay penalty, amort. term. etc.)

A Broker Price Opinion is essentially the same thing as an appraisal or a realtor's CMA (comparative market analysis).It will just give you an opinion of value for a specific property at a specific time.Banks order Broker Price Opinions for several reasons, to include:-pre foreclosure-pre auction-asset protection

You'd think the fact that there are 32 comparable homes for sale in the same neighborhood would clue them in on the market and they would be more reasonable.

The taxes, insurance and utilities will be roughly $360/month.The comparables are good: we can raise the rents about $200/unit/month or $800/month, maybe more.