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re: Jax couple sees home appraisal jump by 40% after they remove all traces of "blackness"
Posted on 8/27/20 at 12:22 pm to BeepNode
Posted on 8/27/20 at 12:22 pm to BeepNode
quote:
Thoughts?
There are a lot of racist people. I am not saying it as a complaint. I think truly racist people are ignorant or that's what they grew up with, but the fact is.. It exist.
This really is a "it is what it is" situation.
0
Posted on 8/27/20 at 12:22 pm to BeepNode
quote:This is such horse shite.
because in the Black community, it’s just common knowledge that you take your pictures down when you’re selling the house
Posted on 8/27/20 at 12:32 pm to BeepNode
quote:
Jax couple sees home appraisal jump by 40% after they remove all traces of "blackness"
what is name the latest fake race story for $500 alex
if the appraisal jumped 4% after they took down all the clutter and cleaned the place up, that might be believable, but this story is 100% unadulterated BS
Posted on 8/27/20 at 12:42 pm to BeepNode
So they followed the rules that all realtors recommend. Removing personal items and adding items that buyers relate to and can feel more a part of has a major impact.
Posted on 8/27/20 at 12:46 pm to Limitlesstigers
quote:
Predominantly black neighborhoods have lower property values because of higher crime rates and lower performing school districts, not because you have a picture of Uncle Jay and Aunt Felicia on the wall.
False. It is because previously sold houses in the neighborhoods sold for lower amounts.
Posted on 8/27/20 at 12:49 pm to BeepNode
quote:
Thoughts?
Folks in EBR might pay for their pictures???
Posted on 8/27/20 at 1:04 pm to FlatTownDawgTiger
Baw, they live it 24 houurs a day. Muhh racist this, muhhh racist at
Posted on 8/27/20 at 1:10 pm to BeepNode
I am sure that's all they did
Posted on 8/27/20 at 1:10 pm to fallguy_1978
quote:
he paneling about a month later. It didn't affect our offer price $1.
Yeah, this story is 100% bullshite. I swear, people want things to be racist so bad.
I sneezed yesterday. A symbol of slavery because slaves sneezed in the cotten field. Ban Kleenex.
Go fund me being set up momentarily.
Posted on 8/27/20 at 1:12 pm to BeepNode
Just look at the comps. Did one use comps in the ghetto and the other use comps up town?
Posted on 8/27/20 at 1:35 pm to BeepNode
The narrative being sold is housing prices go down if it's known that blacks lived there as opposed to other races.
My thoughts:
- There are a lot variables that need to be normalized before one can conclude that racism explains the different appraisals.
- My last two homes were owned by Asians and blacks. We knew that. Had zero affect on willingness to buy. Never knew we were getting such a deal!
My thoughts:
- There are a lot variables that need to be normalized before one can conclude that racism explains the different appraisals.
- My last two homes were owned by Asians and blacks. We knew that. Had zero affect on willingness to buy. Never knew we were getting such a deal!
Posted on 8/27/20 at 1:41 pm to BeepNode
Someone needs to start a go fund me for this poor heart broken woman.
Posted on 8/27/20 at 2:20 pm to Eli Goldfinger
quote:
Home appraisals are 90% square footage & location.
Nobody gives a shite about furnishings.
Agree about appraisal, but important to stage for sale.
Posted on 8/27/20 at 2:52 pm to Eli Goldfinger
Exactly, appraisals are based on comps, and how "updated" the home is. It has nothing to do with the color of the homeowner. So tired. So so tired of this.
Posted on 8/27/20 at 3:04 pm to BeepNode
Thats not how appraisals work
Posted on 8/27/20 at 8:31 pm to Epic Cajun
Nope. Every single one was a drive by or done on the exterior only. Inspectors are a different story, but I’ve never had an appraiser do interior.
Posted on 8/27/20 at 8:43 pm to BeepNode
Posted on 8/27/20 at 8:57 pm to GetCocky11
I recently had a $100k difference in appraisals conducted in the same week. It's equivalent to ~20% change.
Posted on 8/27/20 at 9:01 pm to doubleb
quote:
Folks in EBR might pay for their pictures???
That’s what I said in the assessment thread - need to do some redecorating before I contest the $60k increase in my FMV.
Posted on 8/27/20 at 9:05 pm to BeepNode
quote:
Thoughts?
I definitely see my buddy's backyard shown in the story. With that said, I'm about spent on this "story."
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