The Property Heroes

Can You Trust A Statement of Information? | 22


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How useful is the Statement of Information and can you really trust it? 

The Statement of information has some useful numbers but things like the median price for the area and the comparable properties should always be questioned. 

How are these properties comparable, what period was the median house price conducted over? There are few things you should know about them and thats exactly what we cover today.

  1. What is the statement of information and what does it show?
  2. Where do you find it? 
  3. Does it actually provide much value? 
  4. How do agents manipulate the SOP figures and range
  5. Can this be used to underquote? 
  6. What's the risk to the buyer looking at this? 

To find out more about the Statement of Information see below link

MORE INFO

We hope you enjoyed this one, we enjoyed creating for you and if it was of value, it would be amazing if you gave us a review and subscribed so you can find out when the next show is available. 

Thanks again and catch you next time. 

The Property Heroes

We release a few different episodes a week

Monday - A short rapid fire educational episode about property/real estate

Wednesday - A longer form, conversational episode talking all thing property and finance.

Friday - A short rapid fire educational episode about finance. 

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The Property HeroesBy The Property Heroes